The tax deductibility of principal payments also is advantageous to banks or other lenders since there is more incentive to repay the loan if payments are tax deductible
. The majority stockholder disposes of his or her stock and diversifies without having to pay capital gains taxes.
The law states business entertainment costs are not tax deductible
- but there is no precise definition of what business entertainment might constitute.
"The VEBA is the only way to make these things tax deductible
," Wallach says.
Military Retiree Allotment Program is a great way to make your tax deductible
contribution to the DAV and help build better lives for America's disabled veterans and their families.
Employer contributions are tax deductible
, employee benefits are tax deferred, and life insurance may be purchased with pretax dollars.
Uncertainty over which portion of the settlement payments would be tax deductible
prompted legislation to expand the Sec.
H.R.1336 would make home mortgage insurance premiums tax deductible
for those individuals making less than $50,000 and couples making less than $100,000 annually.
: Sierra Club Outings are not tax deductible
Staff party costs are fully tax deductible
as an expense of the business and non-taxable on the employee.
When acquired goodwill and intangibles are tax deductible
, the difference in income for accounting purposes and tax purposes, or the book/tax difference, is recognized as a tax liability or asset.
Not only will your tax deductible
donation to our nonprofit charitable association (designated 501(c)3 by the Internal Revenue Service) get you a number into this year's closed-out race, you will also receive a Life Membership in the Association, an American Running Association cap and t-shirt, a personal thank you from Bill Rodgers, Jeff Galloway, or another of our celebrity running Board Members, and big karma credits for supporting our ongoing efforts to help more people benefit from a running lifestyle.