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Income Spreading
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摘要: A tax reduction strategy that is typically used by people with highly volatile incomes to reduce the overall marginal tax rate paid on a large sum of income. This strategy involves particularly large [阅读全文:]

Income Tax
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摘要: A tax that governments impose on financial income generated by all entities within their jurisdiction. By law, businesses and individuals must file an income tax return every year to determine whether[阅读全文:]

Incremental Tax
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摘要: A tax that increases in increments based on income levels. Incremental taxes must be considered when evaluating new investment opportunities, especially for individuals or companies in the upper end o[阅读全文:]

Independent Contractor
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摘要: A self-employed taxpayer that controls his or her own employment circumstances, including when and how work is done. Independent contractors are not considered to be employees and must pay their own S[阅读全文:]

Indian Employment Credit
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A monetary incentive offered by the federal government for employers to hire registered Native American Indians and spouses of registered Native American Indians who live on or near an Indian reser[阅读全文:]

IRS Publication 503: Child And Dependent Care Expenses
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摘要: A document published by the Internal Revenue Service that outlines the criteria which must be met in order for a taxpayer to deduct expenses for the care of children and dependents. IRS Publication 50[阅读全文:]

IRS Publication 504
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摘要: A document published by the Internal Revenue Service that provides tax guidelines for individuals who are separated or divorced from their spouses. IRS Publication 504 outlines how to treat property o[阅读全文:]

Income Basket
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摘要: Categories for which various sources of income are allocated based on United States tax regulations. Each basket has a net gain or loss, which may not be applied to any other basket as a means to redu[阅读全文:]

Income Exclusion Rule
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摘要: A rule that sets aside certain types of income as nontaxable. There are many types of income that qualify under this rule, such as life insurance death benefit proceeds, child support, welfare and mun[阅读全文:]

Horizontal Equity
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摘要: The theory stating that people in the same income bracket should be taxed at the same rate.

This is the case in many westernized countries.



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