摘要: A non-refundable tax credit for unreimbursed childcare expenses paid by working taxpayers. The Child and Dependent Care Credit is designed to encourage taxpayers to pay childcare expenses so that they[阅读全文:]
摘要: A credit given to taxpayers for each dependent child that is under the age of 17 at the end of the tax year. The Child Tax credit is a nonrefundable credit that reduces the taxpayer's liability on a [阅读全文:]
摘要: One of the key criteria set forth by the IRS that a person must satisfy in order to be claimed as someone else's dependent. The citizenship test dictates that the prospective dependent be a citizen o[阅读全文:]
摘要: A test for deductibility of business-related dining and entertainment expenses. The clear business setting test mandates that there can be no other motive for incurring these expenses except to f[阅读全文:]
摘要: A certificate that verifies that an entity has paid all its tax liabilities at the time that the entity ceases to exist or is transferred to a new owner. A clearance certificate is not required in al[阅读全文:]
摘要: The colloquial name for the United States’ Home Star Energy Retrofit Act of 2010, which provides incentives for specific energy-efficient home improvements. The bill allocates $6 billion to be u[阅读全文:]
摘要:
A certification offered to accountants who conduct internal audits. Certified Internal Auditors (CIA) must meet several requirements to obtain this designation, such as passing a four-part exam tha[阅读全文:]
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One of the itemized deductions available for taxpayers who donate to charity. The Charitable Contributions Deduction allows taxpayers to deduct all of their contributions to qualifying charitable c[阅读全文:]
摘要: A gift made by an individual or an organization to a nonprofit organization, charity or private foundation. Charitable donations are commonly in the form of cash, but can also take the form of real es[阅读全文:]
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A U.S. government program under the Obama administration that allowed individuals to trade in used vehicles that did not meet government-specified standards of fuel economy in exchange for a discou[阅读全文:]