Examlex
When the IRS issues a notice of tax due, the taxpayer has 90 days to either pay the tax or file a petition with the Tax Court. This is conveyed in the "ninety-day letter."
Insider Trading
Insider trading involves buying or selling a publicly-traded company's stock by someone who has non-public, material information about that stock.
Tipped Information
Insider information that is passed from one person to another, which can be illegal in financial markets.
Larceny
The criminal act of taking someone else's property without permission with the intent to permanently deprive them of it.
Fifth Amendment
An amendment to the U.S. Constitution that provides several protections for people accused of crimes, including the right to avoid self-incrimination and the prohibition against double jeopardy.
Q4: A complex trust pays tax on the
Q35: Valuation of a life insurance policy that
Q37: To satisfy the broadly supported provision to
Q40: The starting point in computing state taxable
Q45: Describe the potential outcomes to a party
Q46: An IRS "office audit" takes place at
Q46: Jacob makes a gift of property (basis
Q47: Surviving spouse disclaims inheritance in favor of
Q122: The tax penalty imposed on appraisers:<br>A)Can be
Q170: Troy, an S corporation, is subject to