Sentence examples similar to present deductions for from inspiring English sources

At present, individuals can claim deductions for charitable contributions that reduce the net amount of their taxable income.

Mr. Bush had presented the extension of deductions for charitable contributions to taxpayers who do not itemize as a tool to increase gifts to religious groups that care for the poor.

A bill introduced by Representative Pete Stark, Democrat of California, would deny tax deductions for consumer advertising that presents the benefits of a drug without accurately describing the risks.

Wealthy donors and the nonprofit groups they support were in an uproar over the Obama administration's proposal to limit the value of deductions for charitable gifts, which was included in the budget the president presented to Congress.

At present, the medical expense deduction and certain interest deductions are limited, and those subject to it cannot take the deductions for state and local taxes and certain miscellaneous items at all.

"Deductions for Federal Tax.

However, deductions for charitable gift and mortgage interest are allowed.

Limiting tax deductions for the wealthy might be more effective.

People would get deductions for working or living in such a zone, and employers could take payroll deductions.

Reducing or eliminating other big breaks — deductions for state and local taxes, the mortgage deduction, interest-paid deductions and miscellaneous deductions — shifts the burden much further down the economic ladder.

Restaurants dislike reducing deductions for business entertainment.