Tag: AS

  • Assault

    Assault Issue You may find information about Assault in this Tax Platform of the American Encyclopedia of Law.

  • Asset

    Asset means:anything owned that has value; any interest in real property or personal property that can be used for payment of debts. Assets are listed on Schedule L of the corporate tax return. See Corporate Tax in the U.S. Legal Encyclopedia and Corporate Tax in the International Legal […]

  • Assignment

    Assignment means:the transfer of rights under an insurance policy to another person or business. For example, to secure a debt, it is not uncommon for the policyowner to transfer to the creditor the owner's right to borrow on the cash value of the policy. Life insurance policies are […]

  • Assessment

    Assessment may have one of the following meanings, depending the context of the term: 1. a bookkeeping record of a tax liability in an U.S. Internal Revenue Service (IRS) office. An act of computing the tax due. in other words, the accurate and equitable valuation and classification of […]

  • Association

    Association means:a body of persons united without a charter, but according to the methods and forms used by incorporated bodies for the administration of some common enterprise. Hecht, Simon v. Malloy, 4 AFTR 3976, 1 USTC 1193 (1924, S. Ct.) Former IRC (check <a href="http://lawi.us/internal-re…

  • Asset Depreciation Range

    Asset Depreciation Range means:a limitation on the period over which assets may be depreciated. The ADR generally applies to property purchased between 1971 and 1981, allowing depreciable lives 20% longer or shorter than the guidelines provided by the U.S. Internal Revenue Service; it also provi…

  • Assessment Roll

    Assessment Roll means:a public record of the assessed value of property in a taxing jurisdiction. The assessment roll of a town, for instance, lists each individual tract of land within its taxing jurisdiction and shows the assessed value of each….

  • Asset Test

    Asset Test means:a test used under the Supplemental Security Income (SSI) program to determine whether the assets of a potential recipient of SSI benefits are low enough for the person to qualify….

  • Assignment of Income Doctrine

    Assignment of Income Doctrine means:a taxpayer's direction that income earned by him or her be paid to another person so that it will be considered that other person's income for federal tax purposes. The owner of income-producing property will be taxed on the income earned by that property unle…

  • Assessor

    Assessor means:an official who determines property values, generally for real estate taxes….