She said that broader powers will only help IRS agents quickly identify particularly straightforward errors, like overstepping lifetime limits for a certain credit, but won't help with some of the more complicated issues.
WSJ: Lawmakers Consider Expanding IRS Power to Flag Errors Before Audits
Maybe you are subject to the alternative minimum tax, or AMT, a system that limits your federal deductions, if you make over a certain amount.
Once licensed, teen drivers must go through an intermediate stage for a set period that limits unsupervised driving at certain times, with most states limiting the number of non-family-member passengers and imposing other restrictions.
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As with any contribution (within certain limits) of appreciated securities to a charitable organization, the donor doesn't have to pay the capital gain on the appreciation.
In cost-plus the government covers development expenses and certain unpleasant surprises but limits the contractor to a small markup (typically 6% to 9%).
Under Section 179, a business can immediately deduct the full expense of qualifying investments within certain limits.
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Yet internet service providers are considering putting limits on broadband use and even charging for data transfers above a certain monthly limit.
But at a certain point, the kids reach the age where they're not off-limits anymore.
Every state has a Department of Transportation (DOT) with a State Traffic Commission (STC) that is responsible for setting speed limits on certain state-maintained roads.
Chilton said he would have preferred even tighter limits for certain contracts, particularly precious metals, but added that simply establishing a position limit regime is critically important.
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To call this a risky procedure would be an understatement, however -- venturing past a certain point raises the real possibility of bricking the device, and HTC's bootloader tool already puts limits on post-unlock support even when it's blessed by carriers.
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