Sentences with phrase «to receive tax breaks»

Companies paying extra for fuel would receive tax breaks for energy efficiency.

This is because you do not receive a tax break on your contributions to the account.

However, in that case, a homeowner will not receive a tax break on the interest that was already paid.

That recognition, he said, could come in the form of financial incentives the state provides to clean and renewable energy resources, which receive tax breaks and state funding.

We agree that it is important that businesses that receive tax breaks provide economic development and jobs to our community.

They could not come to an agreement over wages for construction workers on developments receiving the tax break.

Beyond the tax - advantaged status at the corporate level, individual investors receive a tax break as well.

These companies may transfer or sell these credits to individuals, which means a person can buy a film tax credit and receive a tax break on their state tax returns.

A report showed 17 of the 34 companies receiving tax breaks for commercials produced in 2015 already were based in New York.

The number of projects receiving tax breaks from the region's eight IDAs jumped from 449 in 2004 to 812 in 2016, an 81 percent increase, according to a Newsday analysis of certified IDA reports filed with the state.

State lawmakers this week proposed a replacement bill that sets new wage floors for construction workers on projects receiving the tax breaks.

The IDA likely will conduct audits on 15 percent to 20 percent of the companies that receive tax breaks in a given year, which typically would result in three to four audits annually, Poloncarz said.

There are six hotels currently under construction in the Syracuse area and one in Cazenovia, some of which are receiving or could soon start receiving tax breaks.

Kim received the tax break when he paid his bill in September 2017, even after he announced he was running for the 3rd District seat in Congress and was registered to vote as a New Jersey resident, where he was renting.

Unlike for - profit corporations that regularly receive tax breaks worth tens of millions of dollars as a matter of course merely by holding out their hand, cultural groups must fight for their fair share and literally sing for their supper at every opportunity.

The mayor's plans, backed by the Real Estate Board of New York, propose an end to 421a breaks for condo projects as well as a required inclusionary policy for affordable units to be built in buildings receiving the tax breaks.

With the city still smarting from the revelation that five developers received tax breaks to build in sought - after neighborhoods under a program for underdeveloped...

Changes to passive investment rules seen as more unfair than those related to income sprinkling Size of small business key driver of opinion among owners Three - quarters of non-owners say new businesses should receive tax breaks September 20, 2017 — As Prime

If a Church receives tax breaks, buys supplies, pays a mortgage, pays a power bill, pays a phone bill, hires employees who receive income from the Church, has a pastor that receives an income, collects tithing from it's parishioners, etc, etc then it is a business and needs to be run like a business.

Ask any Texan what has happen with their property taxes, while the same corportations that they work for are receiving tax break after tax break.

Please point me to one statement where she's decried foster parents receiving tax breaks.

The state's chief fiscal watchdog is hoping Governor Andrew Cuomo will sign a bill that increases the monitoring of industrial development agencies, ensuring that companies receiving tax breaks live up to job - creation promises.

Glenwood received tax breaks for affordable housing as well as having new buildings and Silver oversaw the distribution of those breaks as the head of the Assembly.

Of Glenwood's 26 New York properties, about a third received tax breaks and special financing under the 421a program, according to news reports and public records.

Muller received tax breaks and incentives from the Genesee County Economic Development Center and Empire State Development to open the plant.

The pay equity policy, pushed by Erie County Executive Mark Poloncarz, is intended to make sure that companies receiving tax breaks through the Erie County IDA are complying with existing laws requiring that men and women receive equal pay for similar work.

Critics, however, said the policy goes too far by making companies receiving tax breaks subject to random audits by the IDA that would require the firms to disclose payroll data that would allow the agency to determine whether it was meeting the pay equity standard.

Will SolarCity receive tax breaks, including those under Start Up NY, which allows companies and their employees to escape state taxes for a full 10 years?

The officials — including Borough President Scott Stringer, State Sen. Daniel Squadron and Council Speaker Christine Quinn — recently filed court documents arguing that the 1,331 - unit complex, which was built as affordable housing but now commands luxury rents, should be rent - stabilized because owner Laurence Gluck received a tax break.

Under the IDA's new policy, companies receiving tax breaks beginning in September must certify that they are complying with all federal and state equal pay laws and that they have not been found to have violated those laws within the past five years.

Galesi received tax breaks for environmental remediation at the new Golub headquarters; $ 583,162 a year in tax exemptions for the new Center City building, and was recently rolled into a federal package to receive money to demolish a former county department of social services building so the land could be used for apartments.

Mangano also says he has created jobs by attracting or keeping companies in Nassau, without noting that most of the businesses received tax breaks from the county's Industrial Development Agency.

Company representatives insist that the projects currently receiving tax breaks would never have gone ahead in Steuben County without help from the IDA.

The proposal would allow landlords who qualified for 421a prior to 2008, when the abatement was last amended, to continue receiving the tax break on half of a building's property tax for another 15 years in exchange for the landlord making 5 percent more of that building's units affordable.

In exchange for talking job creation and revitalization, and for stroking the egos and jazzing the war chests and vacation trips of assorted little Caesars, Widgetom receives tax breaks, public utility deals, EZ loans, and exemptions from environmental and land use regulations.

Butler Auto Group in Macon, Ga. has installed solar - powered LED lighting at some of its dealerships and has achieved lower energy costs as well as receiving tax breaks, reports Automotive News.

All of these changes will help average Americans receive some tax breaks.

This couldn't be further from the truth, and what's even more exciting is that you can still receive tax breaks if you decide to go for one, regardless of how much you and your wife make jointly.

It's tax time again; remember that non-registered and non-TFSA savings interest and GICs are taxed as income, whereas eligible dividends and capital gains receive some tax breaks.

In June, the city's Department of Housing Preservation and Development introduced a proposed rule change that would bar developers who receive the tax break's benefits from selling air rights generated through the city's mandatory inclusionary housing program to other development sites.

Mayor Bill DeBlasio has offered reforms that would require that owners have a certificate of approval on file before they can start receiving the tax break, as well as increasing the number of below - market - priced units in each building.

A pair of high - profile Buffalo projects and the expansion of a Foreign Trade Zone operation in Lackawanna have received tax breaks from the Erie County Industrial Development Agency.

Merani and Strangio have received tax breaks worth a combined $ 9.2 million from the Niagara County IDA.

De Blasio's proposal, negotiated with and supported by REBNY, calls for an end to 421a for condo projects and a required inclusionary policy for affordable units to be built in buildings receiving the tax breaks.

Some Bronx organizations which received tax breaks and bonds from the city's Industrial Development Agency in order to boost the local economy, have actually shed jobs, not created them.

Money that goes into a TFSA does not receive a tax break but all gains which are taken from the plan are untaxed.