Taxes Terms

  1. 1040 Form

  2. 1040A Form

  3. 1040EZ Form

  4. 1040PC Form

  5. 183-Day Rule

  6. 501(c)

  7. 90-Day Letter

  8. A-B Trust

  9. Abatement

  10. Ability To Pay

  11. Ability To Repay

  12. Ability-To-Pay Taxation

  13. Above The Line Deduction

  14. Abusive Tax Shelter

  15. Accelerated Cost Recovery System - ACRS

  16. Accommodation Trading

  17. Accumulated Earnings Tax

  18. Ad Valorem Tax

  19. Additional Child Tax Credit

  20. Additional Personal Allowance

  21. Adjusted Cost Base - ACB

  22. Adjusted Gross Estate

  23. Adoption Credit

  24. Advance Corporation Tax - ACT

  25. Advance Determination Ruling - ADR

  26. After-Tax Contribution

  27. After-Tax Income

  28. After-Tax Return

  29. Aggregate Product Liability Limit

  30. Airport Tax

  31. Alaska Trust Act

  32. Alcohol Fuels Credit

  33. Alimony

  34. Alimony Substitution Trust

  35. Alternative Fuels Tax Credit

  36. Alternative Minimum Tax - AMT

  37. Alternative Motor Vehicle Credit

  38. Alternative Tax Net Operating Loss - ATNOL

  39. Amended Return

  40. American Opportunity Tax Credit

  41. American Recovery And Reinvestment Act

  42. American Taxpayer Relief Act Of 2012

  43. Amount Recognized

  44. Annualize

  45. Annualized Income

  46. Annualized Income Installment Method

  47. Appeals Conference

  48. Applicable Federal Rate - AFR

  49. Assessed Value

  50. Assessment

  51. Assessor

  52. At Risk Rules

  53. Attribution Rules

  54. Average Cost Basis Method

  55. Away From Home

  56. Back Taxes

  57. Backup Withholding

  58. Bank Levy

  59. Bargain Sale To A Charitable Organization

  60. Benefits Received Rule

  61. Bequest

  62. Bilateral Tax Agreement

  63. Black Liquor Tax Credit

  64. Blind Taxpayer

  65. Bona Fide Foreign Resident

  66. Bracket Creep

  67. Breakeven Tax Rate

  68. Buffett Rule

  69. Build America Bonds - BABs

  70. Bush Tax Cuts

  71. Business Expenses

  72. Business Tax Credits

  73. Bypass Trust

  74. C Corporation

  75. Calendar Year

  76. Canada Revenue Agency - CRA

  77. Capital Dividend Account - CDA

  78. Capital Gains Distribution

  79. Capital Gains Exposure - CGE

  80. Capital Gains Tax

  81. Capital Gains Treatment

  82. Capital Loss Carryover

  83. Capital Tax

  84. Capital Transfer Tax

  85. Carbon Dioxide Tax

  86. Carryover Basis

  87. Cascade Tax

  88. Cash Basis Taxpayer

  89. Charge And Discharge Statement

  90. Chargeable Gain

  91. Charitable Contributions Deduction

  92. Charitable Donation

  93. Charitable Gift Annuity

  94. Charitable Gift Life Insurance

  95. Charitable Remainder Annuity Trust

  96. Charitable Remainder Trust

  97. Child And Dependent Care Credit

  98. Child Tax Credit

  99. Citizenship Test

  100. Clear Business Setting Test

Hot Definitions
  1. Marginal Analysis

    An examination of the additional benefits of an activity compared to the additional costs of that activity. Companies use marginal analysis as a decision-making tool to help them maximize their profits. Individuals unconsciously use marginal analysis to make a host of everyday decisions. Marginal analysis is also widely used in microeconomics when analyzing how a complex system is affected by marginal manipulation of its comprising variables.
  2. Treasury Inflation Protected Securities - TIPS

    A treasury security that is indexed to inflation in order to protect investors from the negative effects of inflation. TIPS are considered an extremely low-risk investment since they are backed by the U.S. government and since their par value rises with inflation, as measured by the Consumer Price Index, while their interest rate remains fixed.
  3. Gilt-Edged Switching

    The selling and repurchasing of certain high-grade stocks or bonds to capture profits. Gilt-edged switching involves gilt-edged security, which can be high-grade stock or bond issued by a financially stable company such as the Blue Chip companies or by certain governments.
  4. Master Limited Partnership - MLP

    A type of limited partnership that is publicly traded. There are two types of partners in this type of partnership: The limited partner is the person or group that provides the capital to the MLP and receives periodic income distributions from the MLP's cash flow, whereas the general partner is the party responsible for managing the MLP's affairs and receives compensation that is linked to the performance of the venture.
  5. Class Action

    An action where an individual represents a group in a court claim. The judgment from the suit is for all the members of the group (class).
  6. Retail Sales

    An aggregated measure of the sales of retail goods over a stated time period, typically based on a data sampling that is extrapolated to model an entire country. In the U.S., the retail sales report is a monthly economic indicator compiled and released by the Census Bureau and the Department of Commerce.
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