Sentences with phrase «significant tax penalties»

Tip: IRAs Savings are allowed up to 3 withdrawals per month, but you may incur significant tax penalties.

Go over these limits and you will trigger significant tax penalties.

Kudlow and Moore have been pitching a plan they call «Three Easy Pieces,» which would — for 10 years — cut the corporate tax rate from 35 percent to 15 percent, double the standardized deduction that millions of Americans claim in their taxes, and allow companies to bring money back from overseas without a significant tax penalty.»

If you've borrowed a significant amount, that balloon payment could be problematic, and if you can't come up with the cash you'll face a significant tax penalty.

This was a significant tax penalty for taxpayers who had both a high income and high levels of itemized deductions.

«The caller insinuated that unless the IRS could track the payment electronically from her bank account — today — there would be a significant tax penalty assessed.