Sentences with phrase «under business income»

Not all property policies contain a waiting period under business income coverage.

Not exact matches

There is a second test under the legislation that establishes a ratio of wage income and business income based on level of capital investment that some industries, such as doctors, accountants, lawyers, are required to use this second test.

In August, the Supreme Court of Canada ruled that taxpayers who devote a «significant emphasis» to farming activity that is subordinate to their primary source of income are no longer limited to the $ 8,750 deduction limit under Section 31 of the Income Tax Act for losses from business ventures such as thoroughincome are no longer limited to the $ 8,750 deduction limit under Section 31 of the Income Tax Act for losses from business ventures such as thoroughIncome Tax Act for losses from business ventures such as thoroughbreds.

Make smart tax elections Under the tax law, most expenses incurred in business are deductible, while most income is taxable (there are, of course, some exceptions).

Under the «old» tax code, income from these small businesses would «pass - through» to the owner on her own taxes and were subject to individual income tax rates as high as 39.6 percent.

According to a 2010 report by the Joint Committee on Taxation, the official scorekeeper for Congress, about 3 percent of people who report business income would face a tax increase under Obama's plan.

Templates for VisiCalc, SuperCalc, and other popular programs include tax - preparation models from Professional Software Technology (priced at $ 49, $ 99, and $ 149; P.O. Box 269, Rockport, MA 01966) and agricultural applications created by AgriSoft ($ 19.95 per disk; Suite 202, 1001 E. Walnut St., Columbia, MO 65201) VisiCalc's publisher, VisiCorp, recently issued its own set of seven interrelated applications worksheets; available on a single disk under the title «VisiCalc Business Forecasting Model» ($ 100) are such easily filled templates as Income Statement, Statement of Cash Flow, and Cost of Goods Sold.

Posted by Erin Weir under Bank of Canada, big business, corporate income tax, corporate profits, StatCan.

Under the Bonus Plan, our compensation committee, in its sole discretion, determines the performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales, operating cash flow, operating expenses, operating income, operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return on assets, return on capital, return on equity, return on investment, return on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.

Posted by Erin Weir under big business, corporate income tax, media, New Brunswick, potash, privatization, Saskatchewan, unions.

Fujitsu America, which provides technology and business support to affiliated companies, has yet to answer the complaint or make an appearance in the case, and a company spokesman declined to comment.Lawsuits such as this one are just the beginning, said Marcia Wagner, a principal at the Wagner Law Group who represents plan sponsors and vendors under the Employment Retirement Income Security Act.

Posted by Erin Weir under big business, C. D. Howe Institute, corporate income tax, Jack Mintz, taxation.

Posted by Erin Weir under big business, budgets, corporate income tax, economic models, HST, Jack Mintz, labour market, media, Ontario.

Posted by Andrew Jackson under corporate income tax, income tax, small business.

Posted by Nick Falvo under Austerity, CPP, demographics, employment, income, income support, inequality, labour market, media, OECD, Old Age Security, older workers, part time work, pensions, population aging, poverty, privatization, progressive economic strategies, retirement, Role of government, self - employed, seniors, small business, social policy, taxation, unions.

Posted by David Macdonald under CFIB, corporate income tax, Federal elections 2015, small business, taxation.

This low maintenance business has seen strong, organic growth since 2005 and under the right ownership, could either be run as a passive income stream, or grown to new highs.

Under Fannie Mae's new rules, borrowers qualifying for a mortgage using the income of their «regular» job don't have to prove what they make on the side from their business.

For example, if a small business has $ 100,000 in income that will be passed through, only $ 80,000 of that would be taxable under the new tax law.

CCI members expressed concern that changes to how passive income is treated under Canada's tax system could reduce the availability of risk capital in Canada that is relied upon for business investment.

Interest deduction limitation: Under the act, the deduction for business interest is limited to the sum of (1) business interest income; (2) 30 % of the taxpayer's adjusted taxable income for the tax year; and (3) the taxpayer's floor plan financing interest for the tax year.

Best for: People 63 or older who anticipate realizing capital gains or perhaps an installment sale (from the sale of a business for example) who could spread the realization of income out over more than one tax year to stay under the Medicare Part B threshold.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

(9) Nova Scotia provides a corporate tax holiday under s. 42 of their Income Tax Act for the first 3 taxation years of a new small business after incorporation.

--- Creating a «family partnership» under federal tax laws, which allows you to divide business income among family members.

Campaigners for those on low incomes are calling for an urgent rethink on how small businesses and the self - employed will be dealt with under universal credit.

Under the act, at least 30 percent of all hires must be Section 3 residents, who are residents of NYCHA or low - or very low - income residents; at least 10 percent of the federal funding for construction contracts must be awarded to Section 3 businesses, which are businesses majority - owned by Section 3 residents or whose employees are at least 30 percent Section 3 residents; and at least 3 percent of the federal funding for non-construction contracts must be awarded to Section 3 businesses.

Executive budget provisions included; also under Article 9A: includes IRC § 951A (GILTI) income under definition of exempt CFC income; decouples from federal cap on business interest deduction; decouples from federal cap on deduction of FDIC premiums; makes same changes in NYC corporation tax.

There is much for business to be encouraged about with the emphasis on holding growth in overall state spending to under 2 percent while promoting private sector investments and job creation, and increasing in - state personal income, through broad - based business tax relief.

This amounts to reversing the tax give - aways under the Tory policy of austerity, which was fundamentally a transfer of incomes from workers and the poor to big business and the rich and is also entirely appropriate.

Under the program, qualifying businesses can be exempt from state property, corporate and income tax liability for up to 10 years.

Under the START - UP program, which goes into effect Jan. 1, entrepreneurs who launch a business or expand one in a designated area near a SUNY campus get a 10 - year tax holiday, including property taxes and income taxes for employees.

Importantly, this credit, as proposed by Governor Cuomo, will apply to all manufacturers operating in New York State, including C - corporations subject to the corporate franchise tax, and manufacturers organized as sub-S corporations, LLCs or partnerships, whose business income is primarily taxed under the personal income tax.

By partnering with the Governor and members of the Independent Democratic Conference, we've reduced income and property taxes, brought spending under control and made real progress in creating a climate where businesses can create new jobs for hardworking people,» Skelos said.

This sounds fine in theory, but in reality it could hit small businesses hardest, endangering family farms which rely on the basic income guaranteed under the current rules.

A spokesman for the governor counters that Cuomo has a number of items in his budget aimed at helping businesses, including a cut in corporate taxes and elimination of upstate manufacturing taxes, as well as recent reductions in the personal income tax for businesses making under $ 1 million a year.

Under the agreement, which incoming Commissioner James O'Neill has pledged to uphold, the NYPD Patrol Guide will direct cops to give out business cards without the CCRB number and to ask permission to perform a search — but not to notify civilians of their right to say «no.»

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

The proposal expands the eligibility of a small business to include any business that files under PIT regardless of how the business is structured; raises the income eligibility threshold from $ 250,000 to $ 500,000 when the business entity income is less than $ 1.5 million; eliminates the employee requirement; increases the exemption from 5 percent to 15 percent for small business income and from 5 percent to 20 percent for farm income; increases the corporate tax threshold from $ 390,000 to $ 500,000; and reduces the corporate business income rate for small businesses from 6.5 percent to 2.5 percent over two years.

If expanded professional ownership for CPA firms is enacted, New York could benefit from the creation of nearly 150 new accounting firm partners across the state in the coming year alone (based on the current number of CPA firms and anticipated expansion under the Act), which could generate up to $ 66 million in new business activity and $ 6.5 million in state - taxable income.

An Ithaca business owner is facing felony charges for under - reporting state sales tax and income taxes.

Under the OSA, businesses receive tax credits worth 85 percent of their contributions to nonprofit scholarship organizations, which provide scholarships for low - and middle - income children to pay tuition at private schools or out - of - district public schools or to cover eligible homeschooling expenses.

Filed Under: Publishing Tags: social media, perspective, ebook publishing, earn income, poor content, variety, business content, conglomeration, product creation, internet marketing

Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or channels of distribution may be greater than estimated, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, the potential adverse impact on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses, the risk that the transactions with Microsoft and Pearson do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion contemplated by the relationship with Microsoft, including that it is not successful or is delayed, the risk that NOOK Media is not able to perform its obligations under the Microsoft and Pearson commercial agreements and the consequences thereof, risks associated with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.

Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the effect of the proposed separation of NOOK Media, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, possible disruptions in Barnes & Noble's computer systems, telephone systems or supply chain, possible risks associated with data privacy, information security and intellectual property, possible work stoppages or increases in labor costs, possible increases in shipping rates or interruptions in shipping service, effects of competition, possible risks that inventory in channels of distribution may be larger than able to be sold, possible risks associated with changes in the strategic direction of the device business, including possible reduction in sales of content, accessories and other merchandise and other adverse financial impacts, possible risk that component parts will be rendered obsolete or otherwise not be able to be effectively utilized in devices to be sold, possible risk that financial and operational forecasts and projections are not achieved, possible risk that returns from consumers or channels of distribution may be greater than estimated, the risk that digital sales growth is less than expectations and the risk that it does not exceed the rate of investment spend, higher - than - anticipated store closing or relocation costs, higher interest rates, the performance of Barnes & Noble's online, digital and other initiatives, the success of Barnes & Noble's strategic investments, unanticipated increases in merchandise, component or occupancy costs, unanticipated adverse litigation results or effects, product and component shortages, risks associated with the commercial agreement with Samsung, the potential adverse impact on the Company's businesses resulting from the Company's prior reviews of strategic alternatives and the potential separation of the Company's businesses (including with respect to the timing of the completion thereof), the risk that the transactions with Pearson and Samsung do not achieve the expected benefits for the parties or impose costs on the Company in excess of what the Company anticipates, including the risk that NOOK Media's applications are not commercially successful or that the expected distribution of those applications is not achieved, risks associated with the international expansion previously undertaken, including any risks associated with a reduction of international operations following termination of the Microsoft commercial agreement, the risk that NOOK Media is not able to perform its obligations under the Pearson and Samsung commercial agreements and the consequences thereof, the risks associated with the termination of Microsoft commercial agreement, including potential customer losses, risks associated with the restatement contained in, the delayed filing of, and the material weakness in internal controls described in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 27, 2013, risks associated with the SEC investigation disclosed in the quarterly report on Form 10 - Q for the fiscal quarter ended October 26, 2013, risks associated with the ongoing efforts to rationalize the NOOK business and the expected costs and benefits of such efforts and associated risks and other factors which may be outside of Barnes & Noble's control, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended May 3, 2014, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.

Such statements reflect the current views of Barnes & Noble with respect to future events, the outcome of which is subject to certain risks, including, among others, the general economic environment and consumer spending patterns, decreased consumer demand for Barnes & Noble's products, low growth or declining sales and net income due to various factors, including store closings, higher - than - anticipated or increasing costs, including with respect to store closings, relocation, occupancy (including in connection with lease renewals) and labor costs, the effects of competition, the risk of insufficient access to financing to implement future business initiatives, risks associated with data privacy and information security, risks associated with Barnes & Noble's supply chain, including possible delays and disruptions and increases in shipping rates, various risks associated with the digital business, including the possible loss of customers, declines in digital content sales, risks and costs associated with ongoing efforts to rationalize the digital business and the digital business not being able to perform its obligations under the Samsung commercial agreement and the consequences thereof, the risk that financial and operational forecasts and projections are not achieved, the performance of Barnes & Noble's initiatives including but not limited to its new store concept and e-commerce initiatives, unanticipated adverse litigation results or effects, potential infringement of Barnes & Noble's intellectual property by third parties or by Barnes & Noble of the intellectual property of third parties, and other factors, including those factors discussed in detail in Item 1A, «Risk Factors,» in Barnes & Noble's Annual Report on Form 10 - K for the fiscal year ended April 30, 2016, and in Barnes & Noble's other filings made hereafter from time to time with the SEC.

It also covers net earnings from self - employment if you own or operate a business, and gross income received as a statutory employee — an independent contractor under common law rules.

Under the new law, taxpayers with pass - through businesses like these will be able to deduct 20 % of their pass - through income.

The Globe notes that the general corporate tax rate has since 2006 already been cut from 21 % to 15 % but that the tax rate for small businesses (firms with under $ 500,000 in taxable income) was cut only once: from 12 % to 11 % in 2008.

He operated a tax preparation business under the H&R Block banner; a CRA investigation found that he had obtained fraudulent income tax refunds in excess of $ 250,000.