Examlex
Multi-business strategy refers to…
Lookback Period
The lookback period is a defined timeframe in the past during which certain events or transactions are reviewed for tax or regulatory compliance purposes.
TIN
Taxpayer Identification Number; a unique identifier assigned by the Internal Revenue Service or Social Security Administration to track taxpayers and accounts.
W-9 Forms
A request for taxpayer identification number and certification, used in the United States to provide information to entities that pay you income.
Penalty
A fine or charge levied by the IRS for failure to comply with tax laws, such as late filing or underpayment of taxes.
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