Tag: EN
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Entertainment Expenses and Business Meals
The Entertainment Expenses and Business Meals are. items that are deductible only if “directly related to” or “associated with” the active conduct of a taxpayer's trade or business. These expenses are not deductible to the extent that they are lavish or extravagant. These expenses include, for examp…
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Enrollment Period
Enrollment Period means, under Medicare's medical insurance (Part B) protection, the period during which a person may sign up for coverage. The initial enrollment period of 7 months begins 3 months before the month in which the person first becomes eligible for the medical insurance protection and e…
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Environmental Tax
Environmental Tax means:a tax of 0.12% of a corporation's alternative minimum taxable income (before deducting any carryovers for net operating loss) in excess of $2 million. The environmental tax is separate from the alternative minimum tax and applies even if the corporation is not subject to …