Sentences with phrase «tax claims case»

Not exact matches

In cases where tax return was not filed, the IRS notes, most people are allowed a three - year window to claim their refund.

Using figures from official European and Catalonian organizations, Business Insider claimed earlier this year that the region would quickly gain about 16 billion euros yearly in the case of a split, as they would no longer have to pay taxes to Spain.

It's not the first time Trump has made a wild claim, but in this case he's right, by one very important measure — the corporate statutory tax rate.

In those cases the court deferred to the judgment of the Air Force that the free - exercise claim of a Jewish officer who wore his yarmulke on duty could not be accommodated; it deferred to the judgment of correctional authorities that the free - exercise claim of a Black Muslim to attend Friday afternoon religious services could not be accommodated; it deferred to the judgment of the Department of Agriculture's Forest Service that building a logging road through a national forest was necessary despite the damage to religious practices of Native American tribes in that area; it deferred to the Internal Revenue Service's ruling that Bob Jones University was not entitled to tax exemption because of its religiously motivated rule against interracial dating and marriage on campus; it deferred to the judgment of the secretary of labor that a religious community must pay its members the minimum wage for work they performed in the group's business although the members said they had religious objections to being paid for their work.

It seems that Alexis is having problems with the Spanish tax authorities who claim that they owe him more than 3 million Pounds, and are taking steps to reclaim their money ahead of a massive court case.

Recent Spanish media reports claiming Real Madrid star Cristiano Ronaldo has been negotiating a deal to avoid prison due to his tax arrears are «just noise and smoke» rising now as the judge may be about to move the case forward to trial, a source at the Spanish tax authority has told ESPN FC.

In the case of divorced, separated, or never married parents, the custodial parent typically has first dibs on legally being able to claim a child as a dependent for tax purposes.

The former assemblyman allegedly solicited an $ 80,000 payoff by claiming he could fix an associate's criminal tax case by influencing assistant district attorneys in Manhattan to reduce the penalty, sources said.

While this specific case was for a private rental housing benefit claim, the bulletin confirms the decision is also relevant to families with social sector tents who stood to be affected by the «bedroom tax», or social sector under - occupancy penalty.

If it takes three hours to fill out the tax form, which is quite possible with copying, etc. (you should make copies of your tax forms in case the government claims you filled them out differently than you did).

In this case, the poll questions claim the resort's placement in Tyre will lead to higher property taxes, government - subsidized housing for «out of town» workers building the casino and other nuisances.

Grimm defeated Democratic incumbent Rep. Michael McMahon — now the borough's district attorney — in the Tea Party wave of 2010 and easily won re-election in 2014 while under federal indictment in the tax case, claiming his innocence and charging he was the victim of a politically motivated prosecution.

The voters believe these people take jobs that the indigenous working class would be happy to do (though the evidence for that is scarce), that they make an immediate claim on public services for which they have not made a contribution through their taxes (easier to prove) and that, in some cases, they behave in a way the indigenous population finds culturally offensive.

Just to let you know where we are in this case, which is proceeding with the deliberate pace of US litigation: In late 2014, Ellora's Cave sued Dear Author and Jane, its proprietor, claiming that Dear Author defamed EC by publishing a blog post stating that EC was not paying a set of its authors, editors, and cover artists in a timely fashion, and that there were additional indicia of financial difficulties, as evidenced by tax liens.

Only one taxpayer may claim any one person as a dependent on a tax return (except, of course, in the case of a married couple filing jointly).

If that's the case with you and your friend, you might be able to claim him as a dependent and get some significant tax benefits, including the education credits.

This won't be the case in reality as I will be paying estimated taxes of ~ $ 9k (and hence end up claiming ~ 6k tax refund in the actual 1040NR, or better yet, apply part of it to estimated tax for 2013!)

«This can be a big plus for single moms,» advises Bill Symons, president of Computer Accounting Systems in Oswego, N.Y. «Claiming an exemption for each child can greatly reduce a single mom's taxable income and in some cases, depending on her tax bracket, give her a bigger tax refund.»

In that case am I eligible for claiming income tax exemption?

In case if your spouse wants to claim higher ratio as tax benefit, suggest both of you to enter into a simple agreement that she will be claiming higher % of EMIs as tax benefits and the same will be deducted from the joint account.

Another query is how to treat rental income of let out property in case one co owner is claiming tax benefits.

In most cases, the custodial parent (the parent the children spend more nights with) will claim the children as their dependents before exemptions are eliminated in tax year 2018.

The cash value inside the policy grows tax - deferred and death claims will be paid out tax - free in most cases.

Tax Masters was accused of fraud and deception for false advertising, in large part because the company claims to be able to settle tax debt for pennies on the dollar when in most cases this isn't possibTax Masters was accused of fraud and deception for false advertising, in large part because the company claims to be able to settle tax debt for pennies on the dollar when in most cases this isn't possibtax debt for pennies on the dollar when in most cases this isn't possible.

In cases where a couple's combined medical expenses are high, the lower income spouse should claim the medical expenses tax credit (on Line 330) for both to maximize the medical credit that kicks in when bills exceed $ 2,109 or 3 % of personal net income.

It's allowed on FHA transactions (203b, 203k, etc) if you've claimed it in your two most recent tax returns, so in your case, you'll be able to use that income.

In the vast majority of cases, the non-resident may be able to claim a foreign tax credit in their country of residence for Canadian taxes paid.

Many low - income families do not have sufficient income tax liability to claim all — or in some cases, any — of the education - related tax benefits.

Priority claims can normally include: student loans; legal costs associated with the bankruptcy case; certain taxes; spousal and child support; certain wages and commissions; certain court penalties and fines; certain types of court restitution; and contributions to employee benefit plans.

However, there are no tax benefit for Principal repayments and also you can claim previous years tax benefits in your case.

Expenses are then allocated in the same manner unless expenses are paid personally by any of the co-owners; in which case that person will claim more on the tax return for those items.

Dear Sanjay, The onus of justifying the claim for cost of improvement lies with the Tax assessee (in case a scrutiny is raised by the IT dept).

In case, you have closed your home loan then you can not claim tax benefits as you have the possession in this FY after the closure of home loan account.

In case if you miss jan 15th deadline and get possession certificate before say mar 31 216, you can still claim tax benefits along with PPI installment while filing your ITR.

Pursuant to the OTR Tax Notice 2014 - 05 «Notice Regarding the Taxation of Instruments Relating to Refinances and Modifications», filers claiming full or partial exemption from recordation tax in case of commercial refinance and / or modification must supply to the Office of the Recorder of Deeds the following documentatiTax Notice 2014 - 05 «Notice Regarding the Taxation of Instruments Relating to Refinances and Modifications», filers claiming full or partial exemption from recordation tax in case of commercial refinance and / or modification must supply to the Office of the Recorder of Deeds the following documentatitax in case of commercial refinance and / or modification must supply to the Office of the Recorder of Deeds the following documentation:

In case if they have prepared F&F without considering the tax exempted amount, you may calculate accordingly (refer to the formula in the article) and can claim refund (if any) while filing your ITR.

He asked for several forms of ID, examines my returns, and told me given that I had not filed taxes for a few years (was not working, being claimed as a dependent) and my situation with the 2 EINs it created the perfect storm but that he had «resolved» the matter and «closed» my case.

This is to model the worst - case scenario, so detractors can't say, «Yeah that's the way those cookies crumble with low tax rates, but for investors in high tax brackets, waiting as long as possible to claim PIA benefits is better.»

In case if these are ELSS funds, you can claim the invested amount as tax deduction u / s 80c.

The oil companies now accepting the science may insulate them from future claims of negligent deception, but doesn't apply to the current case of course because it comes too late, and it will strengthen the case for a carbon tax because the oil companies can not now argue the science is wrong.

In cases where the taxpayer's tax liability is less than the Federal Tax Credit, the difference can be carried over to next year and claimed agatax liability is less than the Federal Tax Credit, the difference can be carried over to next year and claimed agaTax Credit, the difference can be carried over to next year and claimed again.

Jim D If and when we have something resembling evidence that CO2 is the problem that alarmists claim it is, instead of just government - funded science / propaganda supporting the case for yet more taxes, then having those who produce CO2 would indeed make sense.

Other areas of expertise include claims on behalf of lenders, and cases related to complex pension schemes, inadequate tax planning and financial advice and trusts and regulatory matters.

We understand the financial and political effects tax assessment claims and cases can have on localities, big and small.

One of the fall - back provisions, which usually applies in tax avoidance cases due to the delay in HMRC bringing their claim, is three years from the date in which someone is reasonably put on notice as to the potential for a claim against the professional.

In a paragraph that could be seen as wrapping up its recent line of case law, it claims that it would be «particularly unjustified» if a Union citizen who has worked for one year in the host Member State and who has contributed to its social security and tax system by paying taxes, rates and other charges on his income, was treated in the same way as a first - time job seeker in that Member State «who has never carried on an economic activity in that State and has never contributed to that system» (para. 44).

Interesting case out of the Tax Court this month: in Trignani v. Canada, [2010] T.C.J. No. 141, the court determined that a man who had joint custody of his child but who was paying net maintenance to the children's mother, was entitled to write of those legal expenses he incurred to pursue his child support claims.

In cases where joint custody is sought or where sole custody is a reasonable consideration, the tax considerations raised in Trignani v. Canada should be considered when deciding whether to claim child maintenance.

Next up comes William G. Halby, the New York tax lawyer who made a federal case of his legal battle to claim tax deductions for more than $ 100,000 he spent on prostitutes and pornography.

The most interesting cases included a businessman who stole more than # 1.6 m in tax whilst pretending to his family and friends to be a spy, and a self - appointed Essex tax adviser, who instructed his clients on how to fraudulently claim # 1.5 m in tax repayments.