Deduct in a sentence

In B.C., employers who house temporary foreign farm workers off site can deduct up to $6.20 a day for rent, while the amount they deduct for food in that province depends on how many meals a worker eats, to a maximum of $12 a day.

And if you’re self-employed, you can deduct several business-related expenses come tax time.

For instance, you can deduct 100% of what your business spent at restaurants in 2022 on your taxes this year.

He then noticed they were pulling up his bank account information, which they claimed was to deduct a yearly support protection fee.

However, if you want to report income from stock sales, deduct business or child care expenses or claim deductions like mortgage interest for free, you'll need another tax service.

If the Government-controlled Air New Zealand raises a loan to buy a new airliner they can - and they do - deduct the interest cost of that loan off their income before calculating their taxable profit.

If you have a qualifying high-deductible health insurance plan, you can open a health savings account (HSA) and deduct your contributions.

Marin tells Di that he is going to deduct the cost of restoration from her security deposit and if necessary pursue legal action to recover any additional costs of ‘making good’.

Meanwhile, cannabis companies cannot deduct normal business expenditures.

The amount joint filers can deduct varies from state to state.

The bribes were typically funneled through Mr. Singer’s sham charity, allowing some parents to disguise the payments as charitable donations and deduct the payments from their federal income taxes.

The government said it had already reduced the maximum percentage it could deduct from a household's universal credit each month, down from 40%.

We still need to deduct the preferred dividend payments (almost $4M), the payments to non-controlling interests and add back the net loss attributable to non-controlling interests.

When you deduct the premium, then any proceeds paid from the coverage might be thought-about taxable revenue.

Before the court filing, the union insisted that it was not worried the Government will no longer act as the union’s agent to deduct union dues, because it will collect them via MMG.

Be organized: Save receipts for any expense you’ll want to deduct or may have to prove one day, perhaps in a shoebox or folder.

Figure out whether you can deduct parts of your home office from your return.

If the service doesn't meet these standards, you're entitled to deduct from any service charge an amount that reflects the extent to which the service was unsatisfactory.

If you ordered business cards and other marketing materials, you can deduct those too.

My wife and I have grown children and even as homeowners, we've got nothing we can deduct to escape paying a few thousand every year in taxes.