Tag: Internal Revenue
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Assessment
Legal Definition and Related Resources of Assessment Meaning of Assessment The act or process of fixing or ascertaining the value , measure or proportion or interest of any thing or person . In relation to corporations, the term may refer to […]
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Attribution
nounaccounting acknowledgment affirmation allusion ascription assignation assignment association connection implication imputation incrimination indication insinuation</l…
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Attribution
nounaccounting acknowledgment affirmation allusion ascription assignation assignment association connection implication imputation incrimination indication insinuation</l…
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Installment Accounting Method
Meaning of Installment Accounting Method In this law dictionary, the legal term installment accounting method is a kind of the Accounting class. Resources See Also Internal Revenue Taxation Accounting
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At-Risk Rules
United States Tax Concept of At-Risk Rules The At-Risk Rules limit your loss deductions to the actual amount you are at risk for, including promissory notes on which you are personally liable. There is an exception for real estate which treats certain non-recourse commercial loans as amounts […]
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At-Risk Rules
United States Tax Concept of At-Risk Rules The At-Risk Rules limit your loss deductions to the actual amount you are at risk for, including promissory notes on which you are personally liable. There is an exception for real estate which treats certain non-recourse commercial loans as amounts […]
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Capital Asset
United States Tax Concept of Capital Asset An asset that an individual owns for investment purposes, such as stocks, bonds, or coin collections. Capital assets are subject to capital gain or capital loss tax treatment. Assets used in a business, and inventory, are not capital assets.
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Jeopardy Assessment
Meaning of Jeopardy Assessment Resources See Also Internal Revenue
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Amount Realized
A term defined in ç 1001(b) of the I.R.C. as (subject to some arcane qualifications) the money, plus the fair market value of any property, received upon the sale or other disposition of property. It is one of the quantities that must be determined in order to calculate realized gain or […]
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Administrative-control Rule
Meaning of Administrative-control Rule Resources See Also Internal Revenue
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Administrative-control Rule
Meaning of Administrative-control Rule Resources See Also Internal Revenue
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Accelerated Cost Recovery System
Meaning of Accelerated Cost Recovery System in the United States Tax System This method of depreciation was first introduced by the Economic Recovery Tax Act of 1981 and modified by the Tax Reform Act of 1984. Other enactments were issued later. The Accelerated Cost Recovery System (ACRS) ru…
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Accelerated Cost Recovery System
Meaning of Accelerated Cost Recovery System in the United States Tax System This method of depreciation was first introduced by the Economic Recovery Tax Act of 1981 and modified by the Tax Reform Act of 1984. Other enactments were issued later. The Accelerated Cost Recovery System (ACRS) ru…
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Asset-depreciation Range
Meaning of Asset-depreciation Range Resources See Also Accelerated Cost Recovery System Internal Revenue
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Asset-depreciation Range
Meaning of Asset-depreciation Range Resources See Also Accelerated Cost Recovery System Internal Revenue