Tax Relief

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Dictionary Says

Definition of 'Tax Relief'

Any program or incentive that reduces the amount of tax owed by an individual or business entity. Examples of tax relief include the allowable deduction for pension contributions, and temporary incentives such as tax credits for the purchase of new high-efficiency heating and cooling equipment.
Investopedia Says

Investopedia explains 'Tax Relief'

Tax relief is intended to reduce the tax liability of an individual or business entity. Often, the tax relief is targeted at providing aid for a certain event or cause. For example, hurricane victims may be allotted some form of tax relief when a hard-hit area is declared a disaster area. Tax relief is also available periodically to support environmental causes, as seen with tax credits for the purchase of energy-efficient appliances or the installation of energy-efficient windows.
Search results for

'Tax Relief'

  • Tax Relief For Katrina Victims

    http://www.investopedia.com/articles/retirement/05/KETRA.asp
    Tax Relief For Katrina Victims. October 04 2005 | Filed Under » Retirement.
    The impact of Hurricane Katrina on residents of the United ...

  • Student Tax Breaks

    http://www.investopedia.com/articles/tax/10/student-tax-breaks.asp
    ... credit. When this happens, both parties should prepare sample returns to
    see which one gets the greatest amount of tax relief. Much ...

  • The Simple Tax Math Of Roth Conversions

    http://www.investopedia.com/articles/retirement/08/roth-conversion-2010.asp
    ... 10%, 15%. 15%, 15%. 25%, 28%. 28%, 31%. 33%, 36%. 35%, 39.6%. Source: Economic
    Growth and Tax Relief Reconciliation Act of 2001. Most affluent ...

  • Get Ready For The Estate Tax Phase-Out

    http://www.investopedia.com/articles/pf/05/EstateTaxPhaseOut.asp
    ... September 29 2005 | Filed Under » Personal Finance. Under the Economic Growth and
    Tax Relief Reconciliation Act of 2001 (EGTRRA), the US federal estate-tax ...

  • Using Tax Lots: A Way To Minimize Taxes

    http://www.investopedia.com/articles/05/taxlots.asp
    ... December 15 2011 | Filed Under » Laws, Personal Finance, Stocks, Taxes. Since the
    Jobs & Growth Tax Relief Reconciliation Act of 2003 (JGTRRA), investors have ...

  • Dividend Tax Rates: What Investors Need To Know

    http://www.investopedia.com/articles/06/JGTRRADividends.asp
    ... That trend reversed dramatically with the passage of the Jobs and Growth Tax
    Relief Reconciliation Act of 2003 (JGTRRA) on May 23, 2003. ...

  • Parties For Taxes: Republicans Vs. Democrats

    http://www.investopedia.com/articles/economics/09/us-parties-republican-democrat-taxes.asp
    ... Advertisement - Article continues below. Tax relief is the Republican route
    to growing the economy. A Republican government would ...

  • An Introduction To The Roth 401(k)

    http://www.investopedia.com/articles/retirement/05/introRoth401k.asp
    ... 2006. This investing innovation was created by a provision of the Economic
    Growth and Tax Relief Reconciliation Act of 2001. Modeled ...

  • How To Save More For Your Retirement

    http://www.investopedia.com/articles/retirement/02/122702.asp
    The Economic Growth and Tax Relief Reconciliation Act of 2001 made
    it easier to prepare for the future. Will you be ready? ...

  • Dividends Still Look Good After All These Years

    http://www.investopedia.com/articles/stocks/07/dividend.asp
    ... The passage of the Jobs and Growth Tax Relief Reconciliation Act of 2003, which
    reduced the taxation on qualified dividends, helped to rekindle the romance. ...

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