tax deductions

  • 31tax bite — ˈtax bite noun [countable usually singular] informal TAX the part of someone s income or other money that is taken in the form of tax: • The multi millionaire was looking for ways of passing his empire on to his children without a big tax bite. * …

    Financial and business terms

  • 32tax basis — See: basis Category: Personal Finance & Retirement → Taxes Category: Real Estate & Rental Property → Selling a House Category: Wills, Trusts & Estates → Estates, Executors & Probate Court Nolo’s Plain English Law Dictionary. Gerald N. Hill,… …

    Law dictionary

  • 33tax-preference items — n. Those articles that, even though taken as deductions or credits on one s tax return, must nonetheless be considered when computing the taxpayer s alternative minimum tax. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …

    Law dictionary

  • 34tax´a|bly — tax|a|ble «TAK suh buhl», adjective. liable to be taxed; subject to taxation: »Churches are not taxable. The basic definition of taxable income [is] gross income less deductions (Wall Street Journal). SYNONYM(S): assessable. –tax´a|ble|ness, noun …

    Useful english dictionary

  • 35tax´a|ble|ness — tax|a|ble «TAK suh buhl», adjective. liable to be taxed; subject to taxation: »Churches are not taxable. The basic definition of taxable income [is] gross income less deductions (Wall Street Journal). SYNONYM(S): assessable. –tax´a|ble|ness, noun …

    Useful english dictionary

  • 36tax|a|ble — «TAK suh buhl», adjective. liable to be taxed; subject to taxation: »Churches are not taxable. The basic definition of taxable income [is] gross income less deductions (Wall Street Journal). SYNONYM(S): assessable. –tax´a|ble|ness, noun.… …

    Useful english dictionary

  • 37tax schedules — Tax forms used to report itemized deductions, dividend and interest income, profit or loss from a business, capital gains and losses, supplemental income and loss, and self employment tax. Bloomberg Financial Dictionary …

    Financial and business terms

  • 38Tax Reform Act of 1986 — The U.S. Congress passed the Tax Reform Act (TRA) of 1986, (USStatute|99|514|100|2085|1986|10|22) to simplify the income tax code, broaden the tax base and eliminate many tax shelters and other preferences. Although often referred to as the… …

    Wikipedia

  • 39Tax — Taxation An aspect of fiscal policy …

    Wikipedia

  • 40Tax protester constitutional arguments — UStaxationTax protester constitutional arguments are assertions that the imposition of the federal income tax violates the United States Constitution. These kinds of tax protester arguments are distinguished from related statutory arguments and… …

    Wikipedia