Sentences with phrase «state tax returns based»

Domestic partners and same sex spouses, therefore, can submit only state tax returns based on the rules of the state where they are domiciled.

Not exact matches

KPMG's McAuley stated in the affidavits that the numbers were «based on available information» and the conclusions regarding profit and loss may shift «if additional financial statements or tax returns become available.

Another approach which is used in U.S. state and local taxation by virtue of an interstate compact, is to have entities (or consolidated groups of corporations) prepare one tax return for the entire world and then to allocate pro-rata percentages of that global return to different jurisdictions based upon a handful of factors that are relatively hard to manipulate and bear a meaningful relationship to where income is earned such as sales, employment and the location of physical assets.

Former state Senate majority leader Pedro Espada Jr. has asked a New York federal judge to vacate or amend his five - year prison sentence for theft of federal funds from Bronx - based nonprofit health care clinics and for lying on his 2005 personal tax return, claiming his lawyer was subpar.

If a district's per - pupil adjusted property wealth is greater than $ 305,000, it must do one of the following: consolidate with another district, share revenue with another district, return revenue to the state, educate students from another district, or consolidate its tax base with another district's.

The pro bono consultants who went through the unions» published national, state, and local tax returns estimated based on their research, interviews, and sampling that roughly one third of the unions» efforts went toward political advocacy.

If you also need to prepare and file a state return, your deadline varies based on your state (see State Tax Return Deadlistate return, your deadline varies based on your state (see State Tax Return Deadlreturn, your deadline varies based on your state (see State Tax Return Deadlistate (see State Tax Return DeadliState Tax Return DeadlReturn Deadlines).

After - tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.

Final regulations on how state exchanges will gather information to verify an applicant's income indicate that exchanges will rely primarily on IRS and Social Security Administration data (e.g., using the applicant's prior year tax return will be used initially), and substantiated based on wage data verified through Equifax.

Since income - based repayment plans are based on your income as stated on your federal tax return, a larger household income can impact your monthly payment obligation.

Her additional advice, which is based on the United States is that all income, in - kind income or complimentary items should be included in «other income» on your tax return.

Despite Oregon having less than average solar irradiation and also having relatively cheap power (only around 11.5 cents / kWh on average) the combination of the generous state tax credit, utility based incentives and the 30 % federal tax credit gets Oregon into the top ten states in America in terms of investment return available from installing solar panels on your home.

In order to have their payment based on separate rather than joint income, student loan borrowers in community property states must file a separate tax return and must also supply «alternative documentation» of their separate income to their loan servicer.

The power of Congress to impose federal income and payroll taxes encompasses employees of state and local governments, as well as private sector employees, even though this means that state and local governments have to file federal withholding tax returns on a regular basis.

On one's 1040 for the tax year in which a «return of premium» / «return of principal» occurred, the amount on the 1099 would be shown on a line item basis as an income and again as a deduction, stating «ROP» or «Return of principal» on the itemized deduction, for a net income ofreturn of premium» / «return of principal» occurred, the amount on the 1099 would be shown on a line item basis as an income and again as a deduction, stating «ROP» or «Return of principal» on the itemized deduction, for a net income ofreturn of principal» occurred, the amount on the 1099 would be shown on a line item basis as an income and again as a deduction, stating «ROP» or «Return of principal» on the itemized deduction, for a net income ofReturn of principal» on the itemized deduction, for a net income of zero.

If you itemize your deductions and live in a state that imposes an annual personal property tax based on the value of your car, you may deduct that tax on your federal return, Phillips said.

Accountant — Goodman Services — Buffalo, NY — 9/2013 to Present • Manage accurate and timely payroll for 200 employees • Analyze accounts and expenditure reports to ensure proper balancing, and resolve and report discrepancies to the department supervisor • Introduce an updated ledger system to accelerate processing times by 10 percent • Observe and document all company expenses with detailed records of invoices, receipts, and other financial documentsAccountant — Foxworth & Trinston Finances — Buffalo, NY — 5/2009 to 9/2013 • Prepared tax returns and financial statements for auditing purposes • Monitored company cash flow on a daily basis and reported to the company president at the end of every week • Received Employee of the Year Award for recommending supplier consolidation that resulted in saving the company $ 1 million • Trained six new employees in company accounting policies and procedures as well as state and federal laws and restrictions to ensure high performance and the meeting of all deadlines

Gateway, San Diego, CA ($ 10 Billion Computer Hardware Manufacturer) Director of Corporate Accounting and Financial Planning and Analysis 1998 to 2000 Accomplishments Prepared domestic and international budgets with total revenues of $ 10 billion including profit and loss, balance sheets, cash flow statements and prepared corporate and multi state tax return schedules Performed activity based costing, inventory analysis including FIFO calculations and physical inventory and managed the cost accounting department Managed the accounting and finance departments including month end close, financial reporting packages, 10Q and 10K SEC filings, audit schedules, and treasury functions.

• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.

Some sites also offer free help with Web - based tax prep software to file basic federal and state tax returns.