摘要: Any travel expenses incurred while at a business convention. These expenses are tax-deductible if they are business or work-related.
Travel expenses may include food, lodgings, conventio[阅读全文:]
摘要: The act of a parent company, whose headquarters are located within U.S. borders, switching registration with their offshore subsidiary in order to take advantage of foreign tax benefits.
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摘要:
A claim made against a business for outstanding debt. The debt can be owed to another business, or could be in the form of tax obligations to the government. For example, the federal government may[阅读全文:]
摘要: A levy placed on the profit of a firm; different rates are used for different levels of profits.
Corporate taxes are usually levied by all levels of government (ie. State and Country) [阅读全文:]
摘要: Tax audits that the IRS performs by mail. Correspondence audits are the lowest level of auditng performed by the IRS. The IRS sends the taxpayer a written request for additional information about a sp[阅读全文:]
摘要: 1. The original value of an asset for tax purposes (usually the purchase price), adjusted for stock splits, dividends and return of capital distributions. This value is used to determine the capital g[阅读全文:]
摘要: An area designated as a war zone during a specified period. Members of the military do not need to claim taxable income they earn while working in a combat zone.
Troops on active duty in[阅读全文:]
摘要: Income earned by taxpayers who live in community property states. Community income is considered to belong equally to both spouses, just as with all other property that is owned or acquired by either [阅读全文:]
摘要: Expenses that are incurred as a result of the taxpayer's regular means of getting back and forth to his or her place of employment. Commuting expenses can include car expenses and public transportati[阅读全文:]
摘要: The seizure of a property by a public authority for a public purpose. Condemnation often occurs when a taxpayer owns property or real estate in a place that has been designated for public use or const[阅读全文:]