Examlex
What type of love involves commitment alone without passion or intimacy and applies to a couple who have been married for many years,and who have lost the passion and intimacy in their relationship,but remain together?
Subchapter S Corporation
A form of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.
Elect
To choose or decide on a particular option or choice, commonly referring to making tax-related selections on a return.
Net Capital Loss
It's the loss incurred when the total capital losses from investments exceed the total capital gains for a year.
Capital Loss Carryforward
A tax provision that allows investors to use a net capital loss in one year to offset future capital gains for tax purposes.
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