Another
significant past drawback of the R&D
credit was that companies» ability to use it was limited if they — or their shareholders, in the case of pass - through entities like S corporations, limited liability companies, and limited liability partnerships — either didn't owe
federal income
tax or were subject to the alternative minimum
tax (AMT).
States tend to allow fewer deductions and
credits than the federal government does, but especially in states with state - level Earned Income Tax Credits, eliminating deductions and credits outright (perhaps except for a standard exemption, but even that could be hard to implement) would be a significant change, and potentially a tax hike on poor fa
credits than the
federal government does, but especially in states with state - level Earned Income
Tax Credits, eliminating deductions and credits outright (perhaps except for a standard exemption, but even that could be hard to implement) would be a significant change, and potentially a tax hike on poor famili
Tax Credits, eliminating deductions and credits outright (perhaps except for a standard exemption, but even that could be hard to implement) would be a significant change, and potentially a tax hike on poor fa
Credits, eliminating deductions and
credits outright (perhaps except for a standard exemption, but even that could be hard to implement) would be a significant change, and potentially a tax hike on poor fa
credits outright (perhaps except for a standard exemption, but even that could be hard to implement) would be a
significant change, and potentially a
tax hike on poor famili
tax hike on poor families.
The
significant slowdown in wind additions in 2013 mirrored the national trend, which reflected the lapse of the
federal production
tax credit (PTC) at the end of 2012.
«At least until states that wish to can set up Exchanges, our ruling will likely have
significant consequences both for the millions of individuals receiving
tax credits through
federal Exchanges and for health insurance markets more broadly.»