Examlex
What is Twitter and how can it add business value to marketers?
Failure to File
The failure of an individual or business to submit their tax return by the due date, which can result in penalties and interest charges.
Qualifying Widow(er)
A tax filing status allowing a widowed spouse to use married filing jointly tax rates for up to two years after the year of their spouse's death, provided they have a dependent child.
Qualifying Child
A dependent who meets specific IRS criteria regarding relationship, age, residency, and support, which allows the taxpayer to claim certain tax benefits.
Tax Return
A document filed with a tax authority that reports income, expenses, and other pertinent tax information.
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