Examlex
The IRS may conclude that a CEO/shareholder of a closely-held corporation has been paid a nondeductible constructive dividend rather than a deductible salary.
Tattoo Design
Artistic patterns or illustrations that are permanently inscribed on the skin using ink and needles.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, used to evaluate the trade-offs in economic decision-making.
Marginal Principle
A decision-making practice that involves considering the additional benefits or costs of a change in activity level, choosing to increase the level if the marginal benefits exceed marginal costs.
Resources
Assets, materials, or substances available for use in the production process, human activities, or for satisfying needs.
Q24: Recent tax legislation reducing the individual tax
Q29: Albany, Inc. does business in states C
Q30: Individual taxpayers may carry nondeductible capital losses
Q46: Only the government may appeal a tax
Q54: Mr. and Mrs. Lansing, who file a
Q59: Both individual and corporate taxpayers must pay
Q61: A nondeductible charitable contribution is a permanent
Q81: Cathy is the President and sole shareholder
Q86: As a general tax planning rule, an
Q106: Employees who save for retirement through an