Sentences with phrase «uncollected taxes»
"Uncollected taxes" refers to the money that individuals or businesses owe the government in the form of taxes but have not yet paid. These taxes might remain unpaid due to various reasons such as inability to pay or deliberate nonpayment. Full definition
Little said the Senate's plan also contains tax relief for North Country families and businesses, and rejects a number of «tax - and - fee increases» proposed by the governor, including new Department of Motor Vehicles fees, a surcharge on pre-paid cell phones and a proposal calling for online marketplaces to collect sales tax on behalf of their vendors, a loophole that governor says is costing state and local authorities $ 275 million in uncollected tax every year.
suncommunitynews.com
«In an annual report to Common Councilors, Wright pointed out how the agency over the last five years has not only cleared out blight in city neighborhoods, but has helped the city bottom line, bringing in millions in formerly uncollected taxes, as well as $ 19 million in private renovation investment of the 537 properties it sold.
You have a W - 2 that shows uncollected tax (from tips or group term life insurance), or a W - 2 that shows a code Z (income earned from a 409A non-qualified deferred compensation plan)
One year ago, the IRS has decided to investigate whether it was leaving uncollected taxes or not.
However, the average annual amount allocated to uncollected taxes from fiscal years 2008 through 2011 was $ 2.2 million; and
If the government was serious about turning the economy round it would invest in collecting the # 120 billion in avoided, evaded and uncollected tax.»
Albany County fronts the money to all municipalities on uncollected taxes, acting as the foreclosing agent on delinquent taxes.
Will we be forced to pay any uncollected tax on shipping pro rated to the start of July 2010?
It's even recommended that you gather up the last three to five years of the deceased's tax returns, just to make sure you haven't overlooked any uncollected taxes or unreported income.