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A certain percentage of these donations can be deducted from a corporation's taxable income.
Withholding tax may be deducted from a foreign-sourced payment, so you should check for non-U.S.
One idea is that this money could be deducted from a person's estate once they had died, with the poorest paying nothing.
Any payments that storm victims received from the Federal Emergency Management Agency for repairs to damaged or destroyed homes or their replacement must also be deducted from a casualty loss, according to Anthony Burke, an I.R.S. spokesman.
Generally, only families of very high-income victims or those with large amounts of insurance, which would be deducted from a fund award, are being advised to sue, he said.
Last week, federal law began allowing banks greater latitude to process checks electronically, reducing to minutes or hours the time it takes for the money to be deducted from a check writer's account.
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Overpaid vacation or salary may be deducted from an employee's final check.
(Real estate tax payments as well as interest payments on the underlying mortgage can be deducted from an owner's income tax).
Completion of the residential treatment program allows up to a year to be deducted from an inmate's sentence, and permits early transfer to a halfway house.
Half of costs paid for childcare and domestic workers – including cleaners, gardeners and IT help – can be deducted from an individual's taxable income, up to a ceiling of €12,000.
But according to Mr. Feinberg and the families, the main disagreements have concerned his formulas, his decisions about what benefits -- life insurance, for instance -- should be deducted from an award and how the award should be split among feuding relatives.
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