Since companies are as strongly motivated to
reduce travel and entertainment budgets as airlines to increase their revenue stream, more and more businesses are taking away employees» ability to book their own travel.
Not exact matches
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This includes her car, computer, home office, supplies, sometimes phone, gas, maintenance,
travel expenses, sometimes
entertainment, etc - which can easily bring her «income» down from $ 38k to lets say $ 23k,
reducing both her federal income tax
AND self - employment tax to apply to $ 15k less (saving lets say 50 % of $ 15k = $ 7.5 k with federal and self employment because your income is so hig
AND self - employment tax to apply to $ 15k less (saving lets say 50 % of $ 15k = $ 7.5 k with federal
and self employment because your income is so hig
and self employment because your income is so high).
That's $ 734 a month less than she allocates now, but just by
reducing $ 320 monthly gifts to her adult children, trimming $ 860 monthly TFSA
and non-registered savings after retirement, cash flow would cover expenses
and leave a little extra for
travel,
entertainment and other treats she has denied herself.
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He
reduced his weekday partying
and allocated a fixed amount for
entertainment and travel.