Tax Credits in a sentence

She said syndicated tax credits became less valuable after the tax cuts passed during the Trump administration because the tax cuts for corporations meant that banks had less need for tax credits.

Some common tax credits include the Child Tax Credit, Earned Income Tax Credit, and education-related credits.

The 2018 property tax relief initiative would have given many homeowners several hundred dollars of state income tax credits and ag property owners state income tax credits of several thousand dollars.

Income tax credits (states) Land conservation advocates have long tried to enact additional tax incentives for landowners to donate easements, above the federal charitable deduction (and state tax deduction in states that conform to federal tax process).

Garten also asserted that some of what the president owed was “paid with tax credits,” a misleading characterization of credits, which reduce a business owner’s income-tax bill as a reward for various activities, like historic preservation.

In April 2011, a Fairleigh Dickinson University PublicMind poll found that a majority of American voters (60%) felt that the tax credits support school choice for parents whereas 26% felt as it the tax credits support religion.

Personal use tax credits are tax credits given to individual taxpayers for education expenditures made on behalf of their own children.

He passed a tax bill that gave us all these privileges for depreciation and for tax we built a building, we get tax credits like the hotel on Pennsylvania avenue, which, by the way, was given to me by the Obama administration, if you can believe that.

Like the other parties, the Tories are in the habit of counting spending increases as tax cuts (because they are delivered in the form of “tax credits”), while grouping actual tax cuts with spending increases.

She also pitched about her tax plan to repeal the 2017 Republican tax cuts for corporations to pay for tax credits for lower and middle-income earners and said she wants to move the country to a “Medicare for all” health care system.

The Petroleum Consultant added, “This is due partly to the fact that these governments offer certain investment tax incentives already such as tax credits or special allowances, and they view interest tax deductions as unnecessary or duplicative.

Homeschooled students would only be able to receive up to $2,000 per year in tax credits, and the bill caps total annual homeschool credits to $4,000 per family.

That’s because nearly 90 percent of exchange customers get federal tax credits to offset the cost of their premiums, and the amount of those credits rises as premiums do.

In 2015, the government of Nova Scotia eliminated tax credits to film production in the province, jeopardizing the industry given that most other jurisdictions continue to offer such credits.

Green said he will propose a $38 million package of tax credits to provide tax relief to working families who have children in child care, or are providing care for adults.

It will also issue guidance on selling tax credits and making them refundable, which allows entities without tax liability to use them.

Makes various changes to state income tax credits, sales and use taxes, specific ownership tax, and severance taxes.

The GOP-supermajority Legislature also passed a credit on personal property taxes that residents pay annually on vehicles, while small businesses will get a tax break and disabled veterans will receive property tax credits.

But she has also unveiled a number of measures that would ease the tax burden on families, including an expansion of child tax credits.

Tax Expenditure Report for 2021 & 2022 has been released and details the cost of all income tax credits, rebates, exemptions and deductions.