Tag: CH

  • Charitable Gifts

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

  • Child Support

    The Child Support are. payment specifically designated for the purpose of child support (or treated as such) under a divorce or separation agreement. Such payments are neither deductible by the payer nor taxable to the payee. Contrast with alimony. Former IRC (check if this IRC provision is […]

  • Chief Counsel Notices

    Chief Counsel Notices Overview Chief counsel (CC) notices are directives that provide interim guidance, furnish temporary procedures, describe changes in litigating positions, or announce personnel matters or other types of administrative information. Notices providing interim guidance or instructions to staff are designed to be incorporated into the Chief Counsel Directives Manual (CCDM), but are issued…

  • Charitable Contribution

    About Charitable Contribution: A gift of cash or property to a qualified charity for which a tax deduction is allowed. For cash donations you need either a receipt or a canceled check. Donations of $250 or more must have a receipt from the charity. Charitable Contribution Deduction A Charitable Co…

  • Child Care Facilities

    About Child Care Facilities: facility primarily used for the children of employees of a business which are subject to amortization. Former IRC (check if this IRC provision is current here) §§188 and 501(19)….

  • Chapter 7

    About Chapter 7: Chapter 7 of The 1978 Bankruptcy Act: the chapter dealing with liquidation; it provides for a court-appointed interim trustee with broad powers and discretion to make management changes, arrange unsecured financing, and generally operate the debtor business in such a way as to preve…

  • Chapter 11

    About Chapter 11: Chapter 11 of The 1978 Bankruptcy Act: the chapter dealing with corporate reorganization, provides that, unless the court rules otherwise, the debtor remains in possession of the business and in control of its operation. Debtors and creditors are allowed considerable flexibility in…

  • Change In Accounting Method

    Change In Accounting Method means:a change in the overall method of accounting or any change in a material item used in an overall accounting plan. In general, a taxpayer may not change a method of accounting without advance U.S. Internal …

  • Child and Dependent Care Credit

    Child and Dependent Care Credit means:a nonrefundable tax credit allowed for a percentage of the expenses incurred for household services and for care of a child or other dependent when a taxpayer maintains a household that includes one or more dependents who are under 15 years of age or mentall…

  • Chief Counsel

    Chief Counsel means:a member of the U.S. Internal Revenue Service (IRS) Commissioner's office and the legal advisor of the Commissioner on all matters involving the administration and enforcement of the Internal Revenue Code of 1986 an…