Sentences with phrase «than a taxpayer who»

And its an epic David vs. Goliath battle where the state thinks it know how to spend money better than the taxpayer who's earning it.

If you receive tax form 1099 - MISC for services you provide to a client as an independent contractor and the annual payments you receive total $ 400 or more, you'll need to file your taxes a little differently than a taxpayer who only receives regular employment income reported on a W - 2.

In this situation, the process of filing your taxes is a little different than a taxpayer who only receives regular employment income reported on a W - 2.

Not exact matches

More than 35,000 employees who deal with taxpayers have been trained to recognize return fraud and to help the victim when it happens.

If you're one of the one million taxpayers who still have not filed their 2014 returns, you could be missing out on your portion of refunds totaling more than $ 1 billion.

Eventually, non-filers who owe taxes will be subject to additional penalties, notes Intuit, and in some cases even criminal prosecution: «Delinquent taxpayers who owe more than $ 25,000 will eventually receive a visit from an IRS representative to collect payment.»

The Senate's bill would allow married taxpayers who file jointly and have two children to deduct $ 24,000 — less than the current combined $ 28,900 deduction, which includes the standard deduction and four personal exemptions.

The research also shows that 49 percent of taxpayers who took the deduction had income below $ 50,000 and 69 percent earned less than $ 75,000.

Admittedly, it takes a rather mundane $ 135,055 of individual annual income to make it into the top federal tax bracket in Canada, as opposed to more than US$ 400,000 in the U.S. Taxpayers who fall below that U.S. threshold are, generally speaking, better off south of the border.

In short, more than 80 years ago, a U.S. president said that taxpayer - paid retirement benefits should go only to those who really need them.

Orange County was then the second most populated county in California, meaning that it is very likely that the vast majority of the 250 taxpayers who were delinquent to the State of California for more than $ 100,000 probably came from Orange County.

Because the higher standard deduction will exceed the value of itemized deductions for many taxpayers, the Tax Policy Center estimates that more than 25 million families will stop itemizing in 2018 — that's more than half the number of people who have itemized in recent years.

Charitable deductions apply only to taxpayers who itemize rather than take the standard deduction.

In addition, many upper - middle - income taxpayers who face the Alternative Minimum Tax — a higher tax than their regular income tax — will not be able to claim deductions that may be allowed on a regular tax return, according to tax analyst Mark Luscombe of CCH, part of Wolters Kluwer.

The JCT's report showed that the total savings for taxpayers who use the mortgage interest deduction will drop by more than half in 2018.

We're covering how Tax Reform will: Reduce the number of taxpayers who itemize from roughly 30 % to fewer than 10 %.

It focused on how the deduction works for a taxpayer who has less than $ 315,000 of taxable income, is married and filing jointly (or $ 157,500 in income if single).

The exception is homeowners who were forced to purchase taxpayer - backed mortgage default insurance from Canada Mortgage and Housing Corp. (CMHC), or its main private sector rival Genworth Canada, because they put down less than 20 per cent of their home's value.

An individual who is physically or mentally incapable of self - care, lived with you for more than half of the year, and either: (i) is your dependent; or (ii) could have been your dependent except that he or she has gross income that equals or exceeds the exemption amount, or files a joint return, or you (or your spouse, if filing jointly) could have been claimed as a dependent on another taxpayer's 2015 return.»

For example, taxpayers who receive dividends that total more than $ 1,500 must file Schedule B, which is the section for reporting taxable interest and ordinary dividends.

The limitation on itemized deductions (sometimes called «Pease» after the Ohio congressman who proposed it) reduces deductions for high - income taxpayers by 3 percent of the amount by which their AGI exceeds a threshold — $ 261,500 in 2017 ($ 287,650 for heads of household, $ 313,800 for married couples filing jointly, and half of that for married couples filing separately)-- but not by more than 80 percent of deductions claimed.

Taxpayers could save more than $ 2 million a year if it weren't for a group of breakaway Democrats who need their own support staff in the state Senate, critics say.

«We're not surprised that the Senate Democrats, who nearly bankrupted this state, would want to force New Yorkers to spend $ 200 million in taxpayer money to fund political campaigns rather than investing those dollars in our schools or providing incentives to help businesses create jobs,» said the spokesman, Scott Reif.

Cuomo's office has said that residents of the 24th District who do itemize their federal taxes, more than 81,000 taxpayers, would see their tax liability increase by an average of $ 2,434 under the GOP plan.

Give Cuomo and the Democrats credit for winning the battle over keeping a millionaire's tax that protects $ 3.4 billion in revenue from fewer than 50,000 taxpayers who can afford it most, while implementing modest middle - class tax relief.

• Rick «Wall Street Lobbyio» Lazio's taxpayer bailout bonus... $ 1.3 million • One week of unemployment insurance for more than 3,000 unemployed New Yorkers who lost their jobs following the financial crisis... $ 1.3 million • Four average mortgages on homes that were foreclosed on during the financial crisis... $ 1.3 million • Starting base salary for 30 new New York City Police Officers... $ 1.3 million • Starting base salary for 30 new New York City Firefighters... $ 1.3 million • One year of SUNY tuition for 261 New York students... $ 1.3 million

Opening arguments began this week in the federal corruption trial of Pedro Espada, Jr., and his son Pedro Gautier Espada, who are accused of using the Soundview Healthcare Network as «their own taxpayer - funded piggy bank» by funneling more than $ 500,000 from the organization and spending it on cars, spa treatments, and other personal luxuries.

It is also more equitable than expecting all taxpayers to foot the bill for the benefit of graduates who can generally expect to earn substantially more than the average citizen.

In contrast there are other facilities that house less than 300 inmates, do not own their power plants, do not own their actual buildings (that's right the State leases them for tens of millions of dollars yearly with taxpayers money) on prime NYC real estate and are falling down around the people who work there.

Cole said most Upstate taxpayers who itemize their returns will likely see a net tax decrease if they take the larger standard deduction than Trump has proposed.

The spending has become an issue in this year's election campaign, with Republicans including gubernatorial candidate Rob Astorino saying they are little more than a taxpayer - funded political boost for Cuomo, a Democrat who is campaigning in part on his work to revive the state economy, particularly upstate.

Huntley, who represents Jamaica, Laurelton and South Ozone Park in Queens, was arrested for costing taxpayers more than -LSB-...]

DeFrancisco was critical of the plan to provide free tuition to SUNY and CUNY schools, saying taxpayers will still ultimately foot the bill for the plan that would benefit families who make less than $ 125,000.

Isn't this the very definition of a 421a tax subsidy: «New York State taxpayers have enough problems, like crumbling roads and bridges and soaring taxes, without having to subsidize Cuomo's political supporters who would rather be handed the work than learn to compete within the confines of public bidding law and an open market,» said Josh Reap, the government affairs director for Associated Builders & Contractors.

«New York State taxpayers have enough problems, like crumbling roads and bridges and soaring taxes, without having to subsidize Cuomo's political supporters who would rather be handed the work than learn to compete within the confines of public bidding law and an open market,» said Josh Reap, the government affairs director for Associated Builders & Contractors.

His proposal would create a temporary 3 - year surcharge for MTA region taxpayers who make more than $ 1 million a year and on New York City motel and hotel taxes.

The longest - serving member of the House, Rep. John Conyers, a Michigan Democrat, paid more than $ 27,000 in 2015 from his taxpayer - funded office budget to settle a complaint from a female staffer who said she was fired after refusing his sexual advances.

Interior Secretary Ryan Zinke, who once spent taxpayer money so he could go horseback riding with Vice President Pence, racked up more than $ 14,000 on government helicopters this summer.

Anyone is better than thrice - married Rudy, who used taxpayer money to pick up his mistress and could not seem to remember there were no mountains in Monroe county, where the highest elevation is about 800 ft.

«New York State taxpayers have enough problems, like crumbling roads and bridges, and soaring taxes, without having to subsidize Cuomo's political supporters, who would rather be handed the work than learn to compete within the confines of public bidding law and an open market,» said Josh Reap, director of government affairs for Associated Builders & Contractors, Empire State Chapter.

Turnbull also argued that Democrats deserve credit for saving taxpayers money by fighting to renovate, rather than replace, the county Government Center, and that Jeff Berkman — a Middletown legislator who preceded him as minority leader — had pushed with Middletown's Democratic mayor, Joe DeStefano, to extend the county's Heritage Trail through Middletown.

Having taxpayers fund the campaigns» expenses was considered better than candidates indebting themselves to big - money contributors — including state contractors — who have special interests in government decisions.

«My colleagues are choosing to side with the Comptroller because he has a «D' after his name, rather than the County Executive who has an «R.» The result will be borrowing that costs taxpayers $ 900,000 more, all for political gain at the expense of everyday people's pocketbooks,» said Minority Leader John J. Mills, R - Orchard Park.

Schulz, a retired engineer who is not a lawyer, is suing Silver, contending the speaker shouldn't have used taxpayer dollars to pay more than $ 103,000 to women who were allegedly harassed by former Assemblyman Vito Lopez.

Five million eligible taxpayers - including more than 770,000 small businesses who file under the Personal Income Tax - would begin seeing savings in 2018.

David's letter noted the governor's appointments represent «far less than a majority» and that the panel negotiated the deal with Nicolla and settled on a price well below market value, saving taxpayers more than $ 500,000 — a point that was also made to the newspaper by E. Stewart Jones, an attorney who represents Nicolla in his unrelated criminal case involving SUNY Poly.

«I laugh at all those who turned up their nose at me,» said Shirley L. Huntley, a former state senator from Queens who spent 10 months in federal prison in Danbury, Conn. — the institution on which the women's prison in «Orange Is the New Black» is based — after pleading guilty in 2013 to stealing more than $ 87,000 in taxpayer money through a nonprofit she ran.

Funding for a Queens district led by Councilman Ruben Wills, who was busted last month for allegedly stealing more than $ 30,000 in taxpayer money, was distributed by the speaker and Queens - delegation head Mark Weprin.

HARTFORD — It will cost taxpayers between $ 100 million and $ 125 million to settle a 12 - year - old lawsuit by a coalition of unions against the state on behalf of more than 2,500 unionized workers who were laid off in 2003 by then - Gov.

«On banks, I make no apology for attacking spivs and gamblers who did more harm to the British economy than Bob Crow could achieve in his wildest Trotskyite fantasies, while paying themselves outrageous bonuses underwritten by the taxpayer,» the Cabinet minister said.