摘要: An accounting figure that has been adjusted for the effects of income tax. Net of tax is most commonly calculated by taking gross figures, like the cash collected from the sale of an asset, and subtra[阅读全文:]
摘要: A U.S. federal health program that subsidizes people who meet one of the following criteria:
1. An individual over the age of 65 who has been a U.S. citizen or permanent legal resident for fiv[阅读全文:]
摘要: A test that can be administered to a prospective dependent in lieu of the "relationship test". If a person does not meet the criteria to be considered a close relative by the IRS, he or she may stil[阅读全文:]
摘要: A person who is claimed as a dependent when filing year-end tax forms. Such a dependent allows a taxpayer to qualify for the dependency exemption. A member of household can be a relative or a non-rela[阅读全文:]
摘要: A deduction of automobile expenses for people using their vehicles for business, charity, moving, medical or any other purpose that qualifies for a deduction.
There are different categor[阅读全文:]
摘要: The amount of tax paid per dollar of the assessed property value.
This is called the mill rate because the number is expressed in mills - one mill is 1/10th of a cent ($.001).
摘要: The amount per $1,000 that is used to calculate taxes on property. Millage rates are most often found in personal property taxes, where the expressed millage rate is multiplied by the total taxable va[阅读全文:]
摘要: A law that requires that a minimum rate of interest be charged on any loan transaction between two parties. The minimum-interest rules mandate that even if no rate is charged by the lender, an arbitra[阅读全文:]
摘要: A group of less common tax credits that apply to taxpayers in various situations. As with all other tax credits, miscellaneous tax credits are designed to reward and promote certain types of economic [阅读全文:]
摘要: A certificate provided by the originating mortgage lender to the borrower that directly converts a portion of the mortgage interest paid by the borrower into a non-refundable tax credit. Mortgage cred[阅读全文:]