Examlex
False imprisonment occurs when a person restrains another intentionally and without justification.
At-risk Rules
IRS rules limiting the amount of deductible losses from business or income-producing activity based on the taxpayer's financial stake in the activity.
Passive Loss Rules
IRS regulations that prevent investors from offsetting income with losses from passive activities unless they directly participate in them.
Disallowed Loss
A loss that cannot be deducted for tax purposes, often because it does not meet specific criteria set by tax authorities.
Passive Income
Income generated from ventures in which an individual is not actively involved.
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