摘要: A tax on the purchase of a good or service. Consumption taxes can take the form of sales taxes, tariffs, excise and other taxes on consumed goods and services. The term can also refer to a taxing syst[阅读全文:]
摘要: A type of installment sale in which either the price or payment period for the asset has not been fixed. Contingent payment sales entail a special set of rules that vary according to whether the price[阅读全文:]
摘要: The test that is applied to determine whether meals, lodging, transportation or other work-related expenses furnished by an employer for employees are taxable. The convenience of employer test mandate[阅读全文:]
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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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)
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:
One of two accounting methods used to allocate the costs of extracting natural resources, such as timber, minerals and oil, and to take those costs as a tax deduction. Cost depletion looks at the t[阅读全文:]