Examlex
Any personal expenditures not specifically allowed as itemized deductions by the tax law are nondeductible (unless they are deductible in arriving at AGI).
Risk-Averse
A characteristic of preferring to avoid risk, opting for safer, more certain outcomes over potentially higher yet uncertain returns.
Promising Young Companies
Emerging businesses that show potential for significant growth and success in their industry.
Mezzanine Financing
A hybrid form of capital typically used in late-stage financing composed of debt and equity, ranking between senior debt and equity in terms of claim on assets.
Principle Amount
The original sum of money borrowed in a loan or the initial amount of investment before interest or profit.
Q1: The matching concept recommends but does not
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Q17: According to generally accepted accounting principles, the
Q19: In 2012, Brandon, age 72, paid $3,000
Q28: In order for a "pay and return"
Q31: Paul and Patty Black are married and
Q70: Melvin receives stock as a gift from
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Q94: The reduced deduction election enables a taxpayer
Q163: During 2012, Howard and Mabel, a married