Examlex
Alan Anderson, a lessor, entered into a 10-year lease with a lessee in 2012. In addition to the $5,000 received for the 2012 rent, Alan received $5,000 in advance rent for the last year of the lease. Alan must include $10,000 in rental income in 2012.
Dual Labor Market
A theory of the labor market that suggests it is divided into two segments: the primary market, which offers good jobs and the secondary market, known for poor working conditions and low pay.
Primary Market
A financial market where new securities are issued and sold for the first time to investors.
Secondary Market
A marketplace where investors buy and sell securities or assets from other investors rather than from issuing companies directly.
Primary Labor Market
The segment of the labor market characterized by high-skilled, high-wage jobs with good working conditions and benefits.
Q11: Frank Clarke, an employee of Smithson Company,
Q26: Taxpayers must generally obtain the permission of
Q26: Payments up to a total of $5,000
Q32: Tax-exempt organizations generally may establish 401(k) plans
Q33: What is the amount of interest deduction
Q40: Job-seeking expenses are not deductible if an
Q47: Jim Jones had a deductible casualty loss
Q51: John Jergens, a 45-year-old, is the sole
Q67: A qualified child care facility cannot discriminate
Q82: Certain individuals can get a refundable tax