Examlex
To attract new visitors and to encourage revisits,online marketers need to thoughtfully develop a Web site.What are the characteristics of a successful Web site?
Partnership Income
Earnings distributed to the partners of a partnership from the business, which is reported on their personal income tax returns.
Basis
The amount paid for an asset or investment, used to calculate gain or loss for tax purposes.
Active Participation
Involvement in making management decisions and the right to make significant and bona fide contributions to the operating and financial management of an activity.
Material Participation
A taxpayer's active and regular involvement in the operations of a business to qualify for certain tax benefits.
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