Examlex
A limited liability company that has only one member is generally treated as a disregarded entity for federal tax purposes.
Tax Evasion
The illegal act of not paying taxes owed, thereby hiding income or information from the tax authorities.
Partnership Interest
An ownership share held by a partner in a partnership, representing a portion of the partnership's assets and profits.
Statement of Dissociation
A formal document filed to announce a partner’s withdrawal from a partnership, which affects the partnership's legal and operational status.
Secretary of State
A high-ranking official in many governmental bodies who is typically in charge of foreign affairs or domestic records.
Q21: Employers typically use nonqualified deferred compensation plans
Q50: All states assessing an income tax use
Q54: Which of the following statements regarding a
Q57: Which of the following statements concerning the
Q74: Life insurance proceeds are includible in the
Q86: Mr. and Mrs. Casey have two dependent
Q92: Lexington Corporation conducts business in four states.
Q94: Samantha died on January 18, 2012. Her
Q95: It is impossible for a progressive income
Q105: Ms. Beal recognized a $42,400 net long-term