Examlex
One way of controlling your enthusiasm in business writing is to avoid overusing intensifiers such asvery,definitely,and actually.
Separate Return Method
A tax filing strategy used by businesses operating in multiple states or countries, where each entity files its own tax return rather than a consolidated return for the entire group.
Income Tax Expense
The total amount of income tax owed to federal, state, and local tax authorities for the period.
Net Operating Loss Carryforward
A tax provision that allows a company to apply a fiscal year's net operating losses to future years' profits in order to reduce taxable income.
Consolidated Tax Returns
A single tax return filed by a parent company and its subsidiaries, treating them as one taxpayer.
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