He is basing his guess on new government statistics that show business has broadened its stride -- a new record high in personal income, an increase in housing starts, a spurt in retail sales and a gain in orders for durable goods.

Mr. Hodges is so hopeful over the outlook that he doesn't think there will be any need of a cut in income taxes.

April 15 is usually the final date for filing income tax returns for most people because they use the calendar year ending on December 31.

If you were required to file a declaration of estimated tax for the calendar year 1961, it is not necessary to pay the fourth installment otherwise due on January 15, 1962, if you file your income tax return Form 1040, and pay your tax in full for the calendar year 1961 by January 31, 1962.

However, if their United States income is not subject to the withholding of tax on wages, their returns are due June 15, 1962, if they use a calendar year, or the 15th day of the 6th month after the close of their fiscal year.

A minor who has gross income of less than $600 is entitled to a refund if income tax was withheld from his wages.

It is an averaging device intended to ease the tax burden of fluctuating income ; ;

It is interesting to note how many of the plants on Massachusetts' Route 128 draw most of their income either from the government in non-competitive cost-plus arrangements, or from the exploitation of patents which grant at least a partial monopoly.

Part-time farming gives a measure of security if the regular job is lost, provided the farm is owned free of debt and furnishes enough income to meet fixed expenses and minimum living costs.

For some retired persons, part-time farming is a good way to supplement retirement income.

The total is the probably gross income from farming.

The Jewish working girl almost invariably works in an office -- in contradistinction to gentile factory workers -- and, buttressed by a respectable income, she is likely to dress better and live more expansively than the college student.

Other witnesses, after appearances before the jury, which reportedly is probing into possible income tax violations, disclosed that government prosecutors were attempting to connect Stein and his company with a number of gangsters, including Glimco and Alex.

The Government also is aiding farmers' income prospects.

With cash receipts from marketings expected to be slightly above 1960, farmers' gross income is estimated at $39.5 billion, $1.5 billion above 1960's record high.

A frequent pitfall in this sort of arrangement, experts warn, is a tendency to pay the wife more than her job is worth and to set aside an excessive amount for her as retirement income.

For investors whose income is taxed at high rates, though, a tax-free yield of 4 per cent is high.

It is the equivalent of 8 per cent for an unmarried investor with more than $16,000 of income to be taxed, or for a married couple with more than $32,000 of taxed income.

The typical amateur astronomer is one who does not depend on the field of astronomy as a primary source of income or support, and does not have a professional degree or advanced academic training in the subject.

Your application must include the following information: ( 1 ) your reasons for requesting an extension, ( 2 ) whether you filed timely income tax returns for the 3 preceding years, and ( 3 ) whether you were required to file an estimated return for the year, and if so whether you did file and have paid the estimated tax payments on or before the due dates.

If he had income other than wages subject to withholding, he may be required to file Form 1040.

Additionally, a bankrupt is required to provide his or her trustee with details of income and assets.

The process was required by the lord or the council-commissioner to ensure that their tax-paying source of income was not lost.

The Ottomans were bankrupt and when the European banks took control of the Ottoman budget in 1881, additional income was required from Kuwait and the Arabian peninsula.

Part of this funding arises through the zakat ( or religious tax ) required to be paid by all Saudis to charities, and amounting to at least 2. 5 percent of their income.

The Court reasoned that a tax on income from property should be treated as a tax on " property by reason of its ownership " and so should be required to be apportioned.

After Pollock, while income taxes on wages ( as indirect taxes ) were still not required to be apportioned by population, taxes on interest, dividends and rent income were required to be apportioned by population.

) relevant in determining whether the tax imposed on that income was deemed to be " direct " ( and thus required to be apportioned among the states according to population ) or, alternatively, " indirect " ( and thus required only to be imposed with geographical uniformity ).

If this violation is noticed too late, the employee will not only be required to pay tax on the excess contribution amount the year was earned, the tax will effectively be doubled as the late corrective distribution is required to be reported again as income along with the earnings on such excess in the year the late correction is made.

In India, companies declaring or distributing dividend, are required to pay a Corporate Dividend Tax in addition to the tax levied on their income.

Isabella remained extremely wealthy ; despite being required to surrender most of her lands after losing power, in 1331 she was reassigned a yearly income of £ 3000, which increased to £ 4000 by 1337.

While not legally required, other types of personal disclosure, such as releasing recent income tax forms, became expected.

The standard of living includes factors such as income, quality and availability of employment, class disparity, poverty rate, quality and affordability of housing, hours of work required to purchase necessities, gross domestic product, inflation rate, number of vacation days per year, affordable ( or free ) access to quality healthcare, quality and availability of education, life expectancy, incidence of disease, cost of goods and services, infrastructure, national economic growth, economic and political stability, political and religious freedom, environmental quality, climate and safety.

For example, an individual who only seeks a satisfactory retirement income may not know what level of wealth is required — given uncertainty about future prices — to ensure a satisfactory income.

Most larger organizations are required to publish their financial reports detailing their income and expenditure publicly.

Charitable organizations in the United States are required to show their income and net assets ( equity ) in three categories: Unrestricted ( available for general use ), Temporarily Restricted ( to be released after the donor's time or purpose restrictions have been met ), and Permanently Restricted ( to be held perpetually, e. g., in an Endowment ).

In order to assist the States in maintaining basic vocational rehabilitation services, Section 2 of the amended Act provides that allotments to States for support of such services be based on ( 1 ) need, as measured by a State's population, and ( 2 ) fiscal capacity, as measured by its per capita income.

( See Source of Data, below for per capita income data to be used in this step.

( See Source of Data, below, for per capita income data to be used in this step.

On motion of the Amici Curiae, the court directed that a ruling be obtained from the Commissioner of Internal Revenue as to the federal income tax consequences of the Government's plan.

The annual dividends paid to Du Pont stockholders in shares of General Motors stock would be taxable as ordinary income to the extent of Du Pont's earnings and profits.

The measure, for federal income tax purposes, of the dividend to individual stockholders would be the fair market value of the shares at the time of each annual distribution.

An overpayment of income and social security taxes entitles you to a refund unless you indicate on the return that the overpayment should be applied to your succeeding year's estimated tax.

A profession that brought me as good an income as mine wasn't to be sneezed at.

Such an anagram may be a synonym or antonym of its subject, a parody, a criticism, or praise ; e. g. George Bush = He bugs Gore ; Madonna Louise Ciccone = Occasional nude income or One cool dance musician ; William Shakespeare = I am a weakish speller, Roger Meddows Taylor = Great words or melody.

* 1895 – In Pollock v. Farmers ' Loan & Trust Co. the Supreme Court of the United States declares unapportioned income tax to be unconstitutional.

Amartya Sen's Development as Freedom ( Nobel Prize in Economics, 1999 ), argues that third world development must be understood as the expansion of human capability, not simply the increase in national income per capita, and thus requires policies attuned to health and education, not simply GDP.

More controversially, Disraeli also proposed to alter the workings of the income tax ( direct taxation ) by " differentiating "– i. e., different rates would be levied on different types of income.

According to the IRS, " The fair market value of goods and services exchanged must be included in the income of both parties.

It has been stressed that debt advice, a supervised rehabilitation period, financial education and social help to find sources of income and to manage household expenditures better need to be equally provided during this period of rehabilitation ( Reifner et al., 2003 ; Gerhardt, 2009 ; Frade, 2010 ).

For example, the nature of the business entity may be one that is traded on a public market ( public company ), not traded on a public market ( a private, limited or closely held company ), owned by family members ( a family business ), or exempt from income taxes ( a non-profit, not for profit, or tax-exempt entity ).

The per capita income of the CAR is often listed as being around $ 300 a year, said to be one of the lowest in the world, but this figure is based mostly on reported sales of exports and largely ignores the more important but unregistered sale of foods, locally-produced alcohol, diamonds, ivory, bushmeat, and traditional medicines, for example.

Traditional agriculture, particularly coffee and bananas, continues to be an important contributor to Costa Rica's export income.

He came to the view that private charity would never be sufficient to alleviate poverty, and only massive action and income redistribution by the state would have any serious effect.