Examlex
In terms of demographics,how do nominees to the federal judiciary from President Obama's first term look different from the rest of the population?
Fiscal Year-End
Fiscal Year-End is the conclusion of a 12-month accounting period for a business or organization, used for financial reporting and tax purposes.
Automatic Extension
A granted period beyond the original due date for filing tax returns without needing to explain the reason for the delay.
FMV
Fair Market Value, the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.
Basis
The amount of investment in something for tax purposes, used to calculate gain or loss when the property is sold.
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