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15 Jul 2019, 8:30 am by Jason Smith
Connors, Rumpf, and Gove also support legislation, S-129, introduced by Senator Kristen Corrado (R-40), which would exclude military pay for service in a combat zone or for hospitalization as the result of injury while serving in a combat zone from taxable gross income under the New Jersey gross income tax. [read post]
14 Jul 2019, 2:47 pm by admin
If they fail to register as a sex offender, they could be charged with a category D felony in Nevada. [read post]
12 Jul 2019, 9:22 am by Varun Nambiar
Grover, is nothing short of a brute show of intimidation as well as a gross abuse of power,” the letter reads. [read post]
11 Jul 2019, 8:00 am by Kevin Kaufman
Corporate Income and Gross Receipts Taxes Indiana Indiana has been incrementally reducing its corporate income tax rate since 2011. [read post]
6 Jul 2019, 1:00 am by Robert L. Mues
Gross income, according to the statute (O.R.C. 3119.05(D)) includes the yearly average of pay, plus the average of any bonuses or overtime earned. [read post]
3 Jul 2019, 1:10 pm by Rebecca Tushnet
The only comparison was the assertion that Cliffside’s facilities are “home-like and attractive without aspiring to the heights of interior décor you’ll find at the super-smart Passages center. [read post]
3 Jul 2019, 11:02 am by Kevin Kaufman
The rules are not applicable when the gross income of a CFC does not exceed 20 million yen or does not exceed 5 percent of the aggregate net income before tax in a fiscal year. [read post]
3 Jul 2019, 11:02 am by Kevin Kaufman
The rules are not applicable when the gross income of a CFC does not exceed 20 million yen or does not exceed 5 percent of the aggregate net income before tax in a fiscal year. [read post]
2 Jul 2019, 8:25 am by Kevin Kaufman
Former Representative Dave Obey’s (D-WI) 2009 proposal to help fund the war in Afghanistan, Share the Sacrifice Act of 2010, would have imposed a progressive surtax on individual and corporate income tax liability. [read post]
1 Jul 2019, 8:52 am by Kevin Kaufman
Earlier this year he proposed a financial transactions tax bill with Senator Brian Schatz (D-HI), Senator Kirsten Gillibrand (D-NY), and Senator Jeff Merkley (D-OR). [read post]
30 Jun 2019, 10:06 am by Charles (Chuck) Rubin
If there is any doubt as to not being able to use the proposed regulations before they are finalized, the Preamble to the final and temporary regulations provides: “until the regulations described in the separate notice of proposed rulemaking are effective, a taxpayer may not exclude any item of income from gross tested income under section 951A(c)(2)(A)(i)(III) unless the income would be FBCI or insurance income but for the application of section 954(b)(4) and §… [read post]
26 Jun 2019, 5:01 am by Unknown
All of the faculty teaching basic federal income tax, for example, agree that gross income needs to be covered, but whether the tax treatment of scholarships, fringe benefits, or housing for members of the military should get any attention, and if so, how much, can be debated for a long time.Of course, measuring learning outcomes requires the establishment of benchmarks that define what a student needs to learn and understand. [read post]
25 Jun 2019, 6:45 am by Kevin Kaufman
Named for late Congressman Donald Pease (D-OH), the Pease limitation reduced the value of itemized deductions for high-income taxpayers by phasing out deductions by 3 percent for every dollar of taxable income above a threshold.[10] In 2017, that threshold was $261,500 for single filers and $313,800 for married couples.[11] Up to 80 percent of a filer’s itemized deductions could be capped by the Pease limitation. [read post]
25 Jun 2019, 6:45 am by Kevin Kaufman
Named for late Congressman Donald Pease (D-OH), the Pease limitation reduced the value of itemized deductions for high-income taxpayers by phasing out deductions by 3 percent for every dollar of taxable income above a threshold.[10] In 2017, that threshold was $261,500 for single filers and $313,800 for married couples.[11] Up to 80 percent of a filer’s itemized deductions could be capped by the Pease limitation. [read post]
24 Jun 2019, 11:18 am by Kevin Kaufman
Income from a CFC that is categorized as Subpart F income has to be included in the gross income of the parent company [read post]