Sentences with phrase «which taxpayers»

The United States Tax Court has considered whether the Internal Revenue Service («IRS») properly denied a taxpayers» mortgage interest deduction for the period during which the taxpayers prepared the property for construction of a residence.

Those are taxpayers» places of employment, principal residence of other family members, addresses listed on taxpayers» official government correspondence, mailing address used for bills, location of taxpayers» bank, and location of organizations and clubs to which the taxpayers belong.

The basic framework prescribed by the Supreme Court is that taxable income includes any «undeniable accessions to wealth, clearly realized, and over which the taxpayers have complete dominion.»

is that taxable income includes any «undeniable accessions to wealth, clearly realized, and over which the taxpayers have complete dominion.»

They warn that these public officials may be opening themselves up to lawsuits and appeals — which taxpayers would end up paying for.

«Simple justice requires that public funds, to which all taxpayers of all races contribute, not be spent in any fashion which encourages, entrenches, subsidizes or results in racial discrimination.

at 6543 (remarks of Sen. Humphrey)(«Simple justice requires that public funds, to which all taxpayers of all races contribute, not be spent in any fashion which encourages, entrenches, subsidizes, or results in racial discrimination»»)(quoting from President Kennedy's Message to Congress, June 19, 1963).

R (Logan) v Havering LBC [2015] EWHC 3193 (Admin), [2016] P.T.S.R. 603 Blake J ruled that a Council Tax Reduction Scheme, under which all taxpayers paid some council tax except in cases of exceptional hardship, was not discriminatory on grounds of age or disability.

In that case the ECJ dealt with an Italian measure by which taxpayers could buy tax amnesty, including for VAT, for recently passed fiscal years for fairly low amounts.

Senator John Pappageorge — Senator Pappageorge championed the Animal Welfare Fund Act 132 of 2007 which created a state fund in which taxpayers can contribute funds when filing their tax return.

(This is not to be confused with the standard deduction, which all taxpayers can use.)

TARP [Troubled Asset Relief Program] has become a program in which taxpayers are not being told what most of the TARP recipients are doing with their money, have still not been told how much their substantial investments are worth, and will not be told the full details of how their money is being invested, Barofsky said.

«Maximum taxable earnings» refers to the income ceiling on which taxpayers must pay Social Security taxes.

First, 2014 was the first year in which taxpayers had to document that they had adequate health insurance for themselves and any dependents or face a penalty.

A form containing a person's income tax details which taxpayers (or their legal representatives) must complete and lodge with us.

In addition, unionization of government employees has helped add many billions of dollars to the unfunded liabilities of public employees» pensions — a debt for which taxpayers will be held responsible.

The remainder of my analysis addresses the questions of which taxpayers benefited, how the distribution of benefits has evolved over the life of the program, and why.

That is something for which the taxpayers can be minimally grateful because Rockland County has the highest cost per prisoner; at an average population of 250 prisoners and a cost of approximately $ 33,000,000 for the jail operations taxpayers are paying $ 132,000 per year per prisoner or $ 362 a day.

The current system, in which taxpayers fund closed primaries that exclude huge swaths of voters, is unsustainable.

That contractors» contribution ban was approved by the legislature along with a public financing system under which taxpayers pay for state candidates» campaigns.

However, we're still exporting much of our residual waste, to the tune of $ 3 million per year, which taxpayers bear.

A more fundamental concern, Kaehny said, is knowing the total liabilities and lease term details of the two entities and the extent to which taxpayers could be on the hook in the future.

of the two entities and the extent to which taxpayers could be on the hook in the future.

As of August 2011, the state legislature had not granted the requested approval for establishing a PBC, and the county had to issue a $ 17.8 million deficiency note for which the taxpayers are liable next fiscal year.

That ban on contractors» money was approved by the legislature along with a public financing system under which taxpayers pay for grants to fund state candidates» campaigns.

They reworked the spending plan after an Oct. 19 budget hearing at which taxpayers protested the originally proposed 9.7 percent spending increase.

The review is considering the existing legislative framework, and the administrative processes through which taxpayers interact with HMRC in relation to Inheritance Tax.

The fact is, the quality services on which taxpayers depend have never been more at risk than they are today.

-LSB-...] school meal program, a program in which taxpayers invested almost $ 11 billion last year and which, statistically, provides kids with even better nutrition than lunches packed from -LSB-...]

if at a meeting and there is no prayer... put your mind on something else, like your job, which the taxpayers are paying you to do!

There have been court cases in which taxpayers engaged in more than 200 trades per year but weren't considered traders either because their trading wasn't considered regular or continuous or because they weren't trying to profit from daily market movements.

(This is not to be confused with the standard deduction, which all taxpayers can use.)

But as of December 31, 1991, the IRS no longer settles for 100 % of last year's bill in cases in which taxpayers earn adjusted gross incomes of at least $ 75,000, paid quarterly estimated taxes during any of the three previous years, and earn $ 40,000 more than they did last year.

RBS shares rose 1 % to 362p after the deal, although they remain well below the 500p at which the taxpayer breaks even on its # 45bn (# 28bn) stake in the bank.

State Senator and fellow Democrat David Carlucci said, «Like every New Yorker, I am shocked and outraged at Albany's latest scandal in which taxpayer dollars were used to cover up sexual misconduct behind closed doors.

Instead, he feels that the bulk of science should be directed toward the best interests of the UK, and that when this is impossible the extent to which the taxpayer contributes to the cost should be questioned.

Thus, as a public union, the NEA (so too the American Federation of Teachers), is, essentially, spreading around tax dollars, money over which the taxpayer has no control, an income redistribution effort that could easily be mistaken for a kickback or, in states where union membership and dues are not voluntary, a not - so - hidden and not - so - representative tax.

While not all leaders of other private religious institutions have embarked on lobbying campaigns to get school vouchers enacted into state law, it's worth highlighting another one of those schools that stands to gain from the Opportunity Scholarship Program as an example of the lengths to which taxpayer funds will fund religious education.

The credit amount is reduced by $ 50 for each $ 1,000 (or fraction thereof) by which the taxpayer's modified adjusted gross income (AGI) exceeds the threshold amount.

In short, this case is typical of those in which a taxpayer claims to be a trader without having a plausible basis for asserting that status.

The IRS allows the taxpayer to file an amended tax return (IRS Form 1040X) to receive a tax credit or refund for a given year within three years after the date the individual files the tax return for that year, or two years after the date on which the taxpayer pays any taxes for that year, whichever is later.

The alternative minimum tax is a supplemental tax that may be due, in addition to regular income tax, for calendar years during which a taxpayer has a special circumstance that causes the tax to be due.

Among the various assets he owned upon death was a U.S. individual retirement account (IRA) on which the taxpayer and his siblings were named as beneficiaries.

The ex-dividend date is the day on which a taxpayer who buys the stock will not get the most recently declared dividend.

So what that money represents is just part of the difference between the value for money which the taxpayer would have got had it been publicly financed and the value for money that we are getting as a result of the private financing.

The image reveals another example of the lengths to which taxpayer funded scientists will push climate change hysteria in order to protect their funding and jobs.

Successfully bringing to an end a long - running dispute between HMRC and a corporate taxpayer, achieving dismissal of the claim and securing compensation from HMRC for the way in which the taxpayer had been treated.

The frankly delicious facts of RBS v Highland Financial Securities [2013] EWCA Civ 328, [2013] All ER (D) 65 (Apr)-- in which the taxpayer - owned bank not only constructed a sham auction process to convert the borrower's assets to its own balance sheet, but then lied about those actions at trial — demonstrate where such unscrupulous behaviour may lead, and may give some courage to clients seeking a remedy in the absence of a strong mis - selling claim.

Originally, s 80 provided for a six year time limit for such claims unless the overpayment had been by reason of a mistake, in which case time ran for six - years from the date on which the taxpayer discovered the mistake or could with reasonable diligence have discovered it.

The realization requirement is part of the bedrock of our income tax system, prescribing that taxable transactions are only those in which a taxpayer receives something «materially different» from what the taxpayer already had.