摘要:An independent contractor or sole proprietor who reports income earned from self-employment. Self-employed persons control who they work for, how the work is done and when it is done.


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摘要:A tax term relating to depreciable business property that has been held for over a year. Section 1231 property includes buildings, machinery, land, timber and other natural resources, unharvested crop[阅读全文]

摘要:A type of property that derives more than 80% of its revenue from dwelling units. Residential rental property uses the 27.5 year modified accelerated cost recovery system (MACRS) schedule for deprecia[阅读全文]

摘要:An economic cycle of recession and recovery that resembles a "W" in charting. A W-shaped recovery represents the shape of the chart of certain economic measures such as employment, GDP, industrial o[阅读全文]

摘要:A tool in technical analysis that is used for determining potential areas of support and resistance. This tool, consisting of three trendlines, is created by drawing the first trendline from the most [阅读全文]

摘要:A ratio comparing the volume of trades upon the American Stock Exchange and the NYSE.

Many of the shares transacted on the AMEX are small cap and speculative. Therefore, when the volume [阅读全文]

摘要:A ratio comparing the number of short sales made by specialists versus the total number of short sales transacted on the market.
This ratio is a sentiment indicator. It specifically designed to [阅读全文]

摘要:A continuation pattern in technical analysis formed when there is a large movement in a stock, the flagpole, followed by a consolidation period with converging trendlines, the pennant, followed by a b[阅读全文]

摘要:A principle that predicts that, before the observed trend continues forward, a price correction of approximately 1/2 to 2/3 of the change in price will occur.
Also known as a "one-half retrace[阅读全文]

摘要:Property that is involuntarily seized by a governmental authority for any reason. Requisitioned property can be taken for a number of reasons relating to furtherance of the public good. It can be of a[阅读全文]

摘要:Any property that is received as a replacement for property that was lost as a result of an involuntary conversion, such as theft. Replacement property can be either personal or business property and [阅读全文]

摘要:A specific class of depreciable real estate. Recovery property describes tangible depreciable property placed in service between 1980-1987, and is eligible for Accelerated Cost Recovery System (ACRS) [阅读全文]

摘要:Any property that is attached directly to land, as well as the land itself. Real property not only includes buildings and other structures, but also rights and interests. Real property can be either r[阅读全文]

摘要:Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay to an eligible post-secondary institution.

These expenses are important because they c[阅读全文]

摘要:A tax assessed on real estate by the local government. The tax is usually based on the value of the p[阅读全文]

摘要:A written tally of all of a taxpayer's personal property. This inventory will also denote how much was paid for each item and when, along with each item's current market value. Property inventories [阅读全文]

摘要:An accounting term that refers to the difference between a company's operating revenues (from its primary businesses) and its direct expenses (except taxes) tied to those revenues. Pretax operating i[阅读全文]

摘要:A notion that an investment firm that passes all capital gains, interest and dividends on to its customers/shareholders shouldn't be levied at the corporate level like most regular companies are. [阅读全文]

摘要:A corporation that is created for the purpose of providing personal services to individuals or groups. To be considered a personal-service corporation by the IRS, the employee-owners must perform at l[阅读全文]

摘要:Any business enterprise with the primary purpose of providing personal services. Personal-service activities encompass a wide range of professions, including law, medicine, engineering, design, financ[阅读全文]