Tag: TA
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Tax-sheltered Annuity
Tax-sheltered Annuity Tax-sheltered Annuity means:a retirement plan invested in annuities or a mutual fund custodial account for employees of a public school system or an exempt educational, charitable, or religious organization. The employee's rights must be nonforfeitable, and the […]
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Tax Increase
Tax Increase Prevention Act of 2014 Issue You may find information about Tax Increase Prevention Act of 2014 in this Tax Platform of the American Encyclopedia of Law.
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Tax Tables
Description and Definition of Tax Tables Tables of tax amounts published by the IRS for taxpayers with taxable income of less than $100,000 to use to compute their income tax. If your taxable income is more than $100,000 you must use the tax rate schedules. Resources See Also Further Reading […]
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Tax Exemptions
Description and Definition of Tax Exemptions An amount of income, indexed for inflation, on which you don't have to pay income tax. Every taxpayer receives at least one personal exemption. Resources See Also Further Reading Tax Exemptions in the West's Tax Law Dictionary Tax […]
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Tax Preference Items
Description and Definition of Tax Preference Items Items such as accelerated depreciation, percentage depletion, or certain tax-exempt income, that may subject a taxpayer to the alternative minimum tax (AMT). Resources See Also Further Reading Tax Preference Items in the West's Tax Law […]
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Tax Credits
Description and Definition of Tax Credits Money that tax payers can deduct directly from their taxes. Your taxes are reduced by the amount of your credit. You can get tax credits for purposes such as child care expenses and the earned income credit for low-income taxpayers. Resources See Also […]
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Targeted Group
Description and Definition of Targeted Group Groups of individuals that have been designated as having a high unemployment rate. Employers receive tax incentives to hire these workers under the Workforce Program. These groups include certain economically disadvantaged people, convicts, and […]
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Taxpayer Publications
Taxpayer Publications Issue You may find information about Taxpayer Publications in this Tax Platform of the American Encyclopedia of Law.
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Tax Straddles
Tax Straddles Issue You may find information about Tax Straddles in this Tax Platform of the American Encyclopedia of Law.
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Taxpayer Identification Number
About Taxpayer Identification Number: The Taxpayer Identification Number (TIN) is an identifying number assigned to a taxpayer. In some countries, like in the United States, taxpayers are given an identification number which must be used when filing a tax return and assessing taxes and for all […]