Tax

Tag: ES

  • Estimated Tax Payments

    Description and Definition of Estimated Tax Payments Advance payment of current tax liability by making installment payments of your estimated tax liability. You may be required to make estimated tax payments if a significant amount of your income is not subject to withholding, such as net […]

  • Estimated Tax

    Estimated Tax, Where to Pay Issue You may find information about Estimated Tax, Where to Pay in this Tax Platform of the American Encyclopedia of Law.

  • Estate Tax

    Estate Tax means: the amount due to the government, generally based on the fair market value of one's property at death, less liabilities. The federal estate tax and gift tax have been unified, and one unified credit applies to the sum of the property given during one's lifetime and remaining […]

  • Estate

    Estate means:broadly, all that a person owns, whether real property or personal property; for instance, the estate one leaves at death. See also other Tax Terms and Definitions in U.S.A. probate estate; taxable estate. For ESTATE DUTY/TAX, see Death duties. See Inheritance Tax and […]

  • Estates

    Estates Income Taxation of Trusts and Estates Introduction This entry covers the federal income taxation of estates and trusts, which is generally covered in Subchapter J of the IRC. It covers both testate and intestate estates, inter vivo trusts and testamentary trusts. It includes consideration of: the theory and overview of subchapter J; a working…

  • Esquire

    About Esquire: Esquire (esq.) is a title used for a lawyer in place of a preceding honorific; that is, “John Jones, Esq.” instead of “Mr. John Jones.”….

  • Estoppel

    About Estoppel: The Estoppel Doctrine is an equitable defense that bars the U.S. Internal Revenue Service from taking a position that is inconsistent with a prior position. The burden is on the taxpayer, however, to show that he or she relied on the conduct of the person against whom the defense is …

  • Estate Freeze

    Estate Freeze means:an attempt by a taxpayer to keep the value of an estate at a minimum (possibly undervalued) by the timely transfer of a business interest in a family enterprise to a family member or members. This interest may be transferred at full value at this freeze point, with the transf…

  • Estate Planning

    Estate Planning means:planning for the orderly handling, disposition, and administration of an estate when the owner dies. Estate planning includes drawing up a will, setting up trusts, and minimizing estate, income, and trust taxes. In a broad sense, it is the art of designing a program for the…

  • Estate Tax Payable

    Estate Tax Payable means:the amount that results from deducting the following from the tentative estate tax: (1) the unified credit, (2) state death taxes, (3) gift taxes paid on gifts made before 1977, (4) foreign death taxes, and (5) estate taxes on prior transfers to the decedent from the est…