Examlex
Under the regular (actual expense) method, the portion of the office in the home deduction that exceeds the income from the business can be carried over to future years.
Laws Protecting
Regulations and legal frameworks designed to safeguard interests, rights, and properties of individuals, groups, or organizations.
Recognized
Acknowledged or known from one’s achievements, status, or attributes by others.
Federal Unemployment Tax
A tax imposed on employers to fund state workforce agencies. Employers pay this tax to finance unemployment compensation benefits for workers who have lost their jobs.
Form 940
A tax form filed by employers to report their annual Federal Unemployment Tax Act (FUTA) tax.
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