Sentences with phrase «taxpayer expense during»

Not exact matches

The student loan interest deduction allows taxpayers with qualified student loans (loans taken out solely to pay qualified higher education expenses) to reduce taxable income by $ 2,500 or the interest paid during the year, whichever is less.

Investigators from the VA inspector general's office found Shulkin wrongly accepted Wimbledon tickets and airfare for his wife at taxpayers» expense during a trip to London and Denmark last July.

Is there not a certain irony in Liam Fox's exhortation to business leaders that «if you want to share in the prosperity of our country you have a duty to contribute to the prosperity of our country» (Trade minister attacks «fat and lazy» British business bosses, 10 September), considering the fact that he demonstrated little restraint in claiming his share of the taxpayer's prosperity, as revealed during the expenses scandal?

Chris Abele doesn't want county taxpayers to know about his lousy negotiating skills during the Bucks arena deal and his unquenchable thirst for power at the expense of good government.

The uniform capitalization rules require that most taxpayers match expenses with the income related to the expense during a tax year.

In order to file as head of household, a taxpayer must have paid at least half the household expenses during the year and have a qualifying person to claim on their tax return.

Deductions are typically expenses that the taxpayer incurs during the year that can be applied against or subtracted from his gross income in order to figure out how much tax is owed.

The IRS permits self - employed taxpayers to deduct «overhead insurance that pays for business overhead expenses you have during long periods of disability caused by your injury or sickness.»

Medical, dental, etc., expenses (a) Allowance of deduction There shall be allowed as a deduction the expenses paid during the taxable year, not compensated for by insurance or otherwise, for medical care of the taxpayer, his spouse, or a dependent (as defined in section 152, determined without regard to subsections (b)(1), (b)(2), and (d)(1)(B) thereof), to the extent that such expenses exceed 7.5 percent of adjusted gross income.