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Transfer-For-Value Rule
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摘要:

The stipulation that, if a life insurance policy (or any interest in that policy) is transferred for something of value (money, property, etc.), a portion of the death benefit is subject to be taxe[阅读全文:]

Transportation Expenses
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摘要: A business expense incurred by an employee or self-employed taxpayer while away from home in a travel status.

These expenses may only be claimed if the transportation expenses are direct[阅读全文:]

Travel Expenses
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摘要: Business expenses incurred while an individual is away from home. These include meals, lodging, and transportation expenses.

You may only claim expenses directly related to business purp[阅读全文:]

Triple-Tax-Free
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摘要: An investment (usually a municipal bond) featuring interest payments that are exempt from taxes at the municipal, state and federal levels. Also known as "triple tax-exempt".

Municipal[阅读全文:]

True Lease
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摘要: A specific type of multi-year lease which does not pass on ownership rights of the asset to the lessee. A true lease is an arrangement where the lessor (the person granting the lease) bears both the r[阅读全文:]

Trust Company
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摘要: A legal entity that acts as fiduciary, agent or trustee on behalf of a person or business entity for the purpose of administration, management and the eventual transfer of assets to a beneficial party[阅读全文:]

Unadjusted Basis
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摘要: A basis used for depreciation purposes. Unadjusted basis uses the original cost of property or equipment without regard to salvage value.

This method of calculating depreciation is used [阅读全文:]

Unaudited Opinion
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摘要: An opinion that can be offered by a Certified Public Accountant before he or she audits an organization's books. This is known as an unaudited opinion, and it will reflect the opinion of the accounta[阅读全文:]

Taxpayer
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摘要: An individual or entity that is obligated to make payments to municipal or government taxation agencies. The term taxpayer generally describes one who pays taxes. Taxes can exist in the form of incom[阅读全文:]

Telefile
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摘要: A tax service provided nationally by the IRS from 1997-2005 that allowed taxpayers filing form 1040EZ to phone in their tax returns with a touch-tone phone. Telefile was provided as a service of conve[阅读全文:]