Sentences with phrase «taxes and other reasons»

Life insurance is purchased for many reasons, including providing a family death benefits if the insured dies, paying funeral expenses, providing enough funds to pay estate taxes and other reasons.

For tax and other reasons, parents, grandparents and others sometimes want to transfer ownership of cash and other financial assets to children.

There has been concern that some couples will choose to wed to benefit from tax and other reasons disassociated from traditional factors such as love and children.

Not exact matches

«There would have to be a really compelling reason to go outside your own state, like if the other plan had significantly lower expenses and, in net of the tax deduction, you'd still save money.»

He cited other reasons Americans are enthusiastic about Canada's startup scene, including strong tax incentives and immigration policies that «allow talented people globally to come to Canada.»

However, others say moving to The Great White North could potentially be a bad money move, attributing the reasons to employment, cost of living and potentially higher taxes.

And if you haven't thought about it, now is the time, if for no other reason than the impact on your tax situation.

McDerment's rationale might be personal, but he's quick to cite other reasons that other tech companies would want to stay in Canada: excellent universities, smart talent, government financial support like tax credits for R&D, and cheaper employment costs.

And a big reason why homeowners get off (relatively) easy in Hawaii is that the state collects so much from outsiders, thanks to high taxes on hotels and other tourism expensAnd a big reason why homeowners get off (relatively) easy in Hawaii is that the state collects so much from outsiders, thanks to high taxes on hotels and other tourism expensand other tourism expenses.

Other companies like Yelp, the business review site, and Trulia, the real estate site, have stopped short of similar threats, but have instead said that the payroll tax is one of many reasons they are adding jobs outside the city.

Some complaints were about late fees being charged without reason and others alleged escrow funds were not being used to pay property taxes and insurance bills.

This hypothetical illustration assumes the investor met the holding requirement for long - term capital gains tax rates (longer than one year), the gains were taxed at the current maximum federal rate of 23.8 %, and the loss was not disallowed for tax purposes due to a wash sale, related party sale, or other reason.

The IIF says other countries could attempt to outdo the U.S. for competitive reasons, as they did when Republican presidents cut taxes in the 1980s and 1990s.

The reason behind this is to help counter tax evaders, fraudsters, terrorists, money launderers, drug dealers and other criminals.

These people would not allow any religion but Christianity to be seen in a good light if taught in classes in the USA, when history proves that, Christianity is the reason so many people in the USA have been motivated to lynch black people, make gays second class citizens, fought against woman being allowed to vote, hunted down and killed others from different denominations, force all other's to pay for their «work» whether in the USA or around the world through tax exempt status, gifts or «Faith - based initiatives».

Love, companionship, etc. is great, but it's not a reason for a tax break and all the other benefits you get from real marriage.

For these and other reasons, tax proposals continue to fail wherever they are introduced.

We «re confident that U.S. consumers can add «environmental track record» to many other reasons for choosing California wines, including quality, diversity, value, and significant contributions to local, state, and federal economies through jobs, taxes, charitable donations and tourism.

For more than 30 years, New York City charged a reasonable, minuscule income tax — 0.45 % — on approximately 800,000 suburban workers who make daily use of our city's roads, subways, police and other services.Over the strenuous objections of then - mayor Rudy Giuliani, Silver strong - armed his own Democratic members and ended up making an alliance with Republican members to kill the tax — not for any rational reason, but simply to boost the political prospects of an obscure suburban Democrat who was trying to win a Senate seat in a special election.

He testified that he did not know about Singh's practice of kiting checks, and that lenders had no reason to doubt the veracity of his tax returns and other financial documents.

Other New York Republicans, including U.S. Rep. John Faso, mentioned the state and local tax deduction as the main reason why they voted against the measure.

They have no reason to spend their time beating themselves and other branches of the left up for their «bad behaviour» and allow the discourse to be about that rather than the cuts and tax dodging!!!

New Jersey and other states considering a «millionaire's tax» have fresh reason to be cautious in the wake of the new federal law that limits the deductibility of state and local taxes — but it was already a bad idea, argues Jonathan Williams, chief economist at the American Legislative Exchange Council, and Ross Marchand at National Review.

Ed Balls's insistence on Radio 4's Any Questions on Friday night that he and his cabinet minister wife Yvette Cooper had paid # 80,000 in capital gains tax when they sold their London second home - «because that was the right thing to do: there was no reason to avoid the tax for us» - will be seen as similarly unhelpful to other ministers criticised for not paying tax on sales of their second homes.

WASHINGTON — Rep. Chris Collins and other Republican lawmakers portray their tax reform plan as a win - win for taxpayers and the economy, but the Clarence congressman Tuesday acknowledged another, swampier reason for him to back a rewrite of the tax code.

«Since 2006, Rockland County has seen its deficit skyrocket for several reasons, including overly optimistic revenue projections, failing to repay advances of general fund monies to other county funds and the loss of a major property tax case,» DiNapoli said.

Collins said he supports Trump because of his call for tax cuts and a tougher approach on trade, among other reasons.

Others though, say the loss of deductions for state and local school and property taxes above $ 10,000 gives many high earners a reason to leave New York for a more tax - friendly state.

They are very open and vocal about the fact they want tax - varying powers for precisely this and other reasons and which is the desire of the people of Scotland.

yea i was thinking a lot about that, in 2 weeks i will ramp up on barbell bench to 5 reps I'm kind of scared, it is a different excersise and i don't want to mess my pec up, btw i will post on my Facebook soon as i get 90s for 50 or if i can figure how to upload to u tube, il say this though for some reason i notice others on here have been making progress on adding reps and weight, not at my pace but still impressive, when i used to do low reps, progress was slow as snails, the only complaint i have with the high rep benching is that after 2 sets like with 85 or even when i was a t 70 lbs to keep doing sets over 20 taxes my shoulders, this is why i do 2 sets now and go to inclines and anyway I'm trying to build the upper area anyway.

I do NOT recommend eating fish or taking fish oil as our oceans are dying from these things... there's just no such thing as sustainable fishing anymore and it's so bad that the government uses our taxes to massacre dolphins and seals and other endangered marine life, for eating the fish they're meant to, instead of stopping the reason fish are so depleted in the first place, commercial fishing.

Meanwhile, major carnage is wreaked across the Los Angeles landscape (this could have been called Battle: La. due to its having been shot mostly in the state of Louisiana for budget / taxes reasons), and many other major metropolitan areas around the world, and it barely registers in terms of shock or awe in the audience looking to be wowed in their seats.

This type of reasoning — often referred to as «tax expenditure analysis» — has been explicitly rejected by other state supreme courts and the U.S. Supreme Court.

Some want to create an impression of professionalism, some don't want to look like self - published authors, some do it for tax reasons, and some create a company that could publish other authors in the future.

In other words they can't change the rent unless they give you 30 days notice and it is for one of the stated reasons such as: taxes, utilities, and property insurance.

Honestly though, I haven't heard a reason to care much other than for tax reasons near retirement — to me, capital gains and dividends are mostly equivalent.

These loans are useful because they charge low interests, because other creditors can be included too and thus all debt is unified but there is also another reason that is especially important when it comes to tax debt elimination.

If you withdraw money for any other reason than these circumstances and the withdrawal is not used for a qualified higher - education expense, a 10 % federal tax penalty will may apply to any earnings.

At the time an employer pays out qualified pension funds, through retirement or for any other reason, the IRS requires 20 percent withholding to cover future income tax liabilities and penalties.

... because as the policy vests to your key employee, the premiums can become tax deductible for your business AND prior to vesting, while your business owns the policy, you can access the cash value for your business operations for all of the other reasons discussed above.

@aroth - NG is not bad as such but it is bad if that is the sole reason you are going into the investment in the first place, in other words to make a loss simply to try and reduce your taxes.

One reason: In addition to payroll and income taxes, you may owe three other taxes, especially if you have a hefty income or you have so - called unearned income, which is income from investments.

Other reasons to itemize include business expenses, first - time homeowners, casualties, disasters, thefts, tax benefits for education, employee business expenses, and unreimbursed employee business expenses.

That is the reason why every credit repair company advises clients to check their credit report at least once a year, so that any and all inaccuracies, such as bankruptcies, tax liens, slow payments, charge - offs, foreclosures, and others, can be rectified as soon as they manifest.

Taxes shouldn't be the only reason to tweak estate and other financial plans, but it's always a factor.

In fact, you are never required to take distributions from your Roth IRA during your life, and qualified withdrawals are tax free.4 For this reason, you may wish to liquidate investments in a Roth IRA after you have exhausted other sources of income.

On the other hand, it's also important to recognize that when taxpayers are eligible for 0 % capital gains rates, they should be cautious not to harvest capital losses, either, as there's no reason to harvest a loss, and step the cost basis down, when there's no tax savings anyway!

You can also use the money for other reasons, though you'll have to pay income taxes on your withdrawals and, if you are under age 65, a 20 % tax penalty.

There are several reasons to consider investing in a 529 college savings plan including the tax advantages, options for withdrawals for tuition, room and board and other expenses, portable allowing the funds to be used at any accredited college, no gift tax consequences on contributions of $ 14,000 or more, no income limits, asset control options, and no restrictions on family members to be beneficiaries.

Using Angie from my previous post, if she amends her 2012 tax return for some reason other than changing the adoption credit, she could still use a «single» filing status and keep the adoption credit.