New formula for biz meals
- Deductions depend on your status. Block, Julian // Central New Jersey Business;2/22/95, Vol. 8 Issue 4, p21
Focuses on tax deductions in the United States. Filing status; Standard deduction; Special restrictions that decrease the deduction amount; Exemptions.
- Tax implications of executive reassignments and terminations. Knight, Lee G.; Knight, Ray A. // CPA Journal;Jun96, Vol. 66 Issue 6, p34
Outlines the tax implications of executive reassignments and terminations. Includes expenses from temporary versus indefinite assignments; Moving expenses; Other employer-provided relocation assistance; Relocation and bridge loans; Distributions from qualified plans.
- Clinton attacked Republican spending cuts. Goodrich, Lawrence J.; MacLachlan, Suzanne L. // Christian Science Monitor;3/6/95, Vol. 87 Issue 68, p2
Reports on the criticism of Republican tax cuts by President Bill Clinton. Gingrich's response.
- The new $1 million pay limit. Burns, Jonathan B.; Dwyer, Thomas R. // Corporate Board;Nov/Dec93, Vol. 14 Issue 83, p6
Discusses the one million dollar limit on deductible compensation received by executives in the tax reconciliation bill passed in August 1993. Application to cash and noncash compensation; Applicable employee remuneration (AER); Exclusions from AER; Requirements for the exclusion of stock...
- Compensation & recruitment. // Corporate Board;Nov/Dec93, Vol. 14 Issue 83, p26
Discusses ways for companies to cope with the one million deductibility limit set by President Bill Clinton's tax proposal. Non-conformity with the rules; Foregoing of tax advantages; Compliance on stock options; Cashing of tax breaks.
- Clubs, restaurants fear tax changes will hurt business. Perrone, Ellen // Indianapolis Business Journal;11/22/93, Vol. 14 Issue 34, Focus. p3B
reports on the impact of the tax law regarding the reduction in the amount of deduction allowable for business meals and entertainment. Effect on local restaurants and clubs; Views of Tom McAllister and Dieter Puska; Plans of businesses; Ways around the law; Statement attributed to assistant...
- What does the average taxpayer take as a deduction? // Practical Accountant;Feb97, Vol. 30 Issue 2, p52
Provides details on itemized deductions claimed by individuals on their 1995 tax returns, published by the United States Internal Revenue Service in the fall 1996 issue of the `Statistics of Income Bulletin.' Computation of the average deduction figures for various brackets of adjusted gross income.
- A tax-planning checklist: Last-minute strategies for 1996. Patrick, James M. // Westchester County Business Journal;12/30/96, Vol. 35 Issue 53, p11
Presents several tax-deduction strategies in the United States for 1996. Capital gains realization; Ordinary income; Long-term assets; Deduction of eligible interest expense.
- Deductions for damaged or stolen cars. Block, Julian // Central New Jersey Business;7/26/95, Vol. 8 Issue 16, p22
Discusses tax deductions for cars due to losses resulting from fires, accidents, thefts or similar events. New Jersey ruling on tax deductions; Restrictions; Casualty losses.
- Truckers mobilize in support of meal deduction bills. // Overdrive;May94, Vol. 34 Issue 5, p18
Reports on truckers' efforts to express their position regarding the legislation which reduced the federal tax deduction for business meals. Signing of postcards urging the senators and representatives to support legislation repealing the reduction at the Mid-America Trucking Show; Gathering of...