TAX ACCOUNTING
The accounting practices that incorporate laws for taxation that is regulated by the IRS.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The accounting practices that incorporate laws for taxation that is regulated by the IRS.
A non-verbal form of communication.
Benefits that are quantifiable, especially with regard to money.
The identified group of people who will be the recipients of an advertising campaign. See target population.
The rate is established by the banking institution’s Asset Liability Committee that is used to set the attractive reprising for maturing deposits or loans.
The lawful tax liability minimization that occurs from a sound financial plan. Tax avoidance is legal but tax evasion is not.
Provision in an investment agreement where the stock holders have the right to liquidate part of their investment when the firm is raising more capital.
The value that is calculated by the deduction of assets that are not tangible, expenses for start-up and any financing costs that are deferred from the moral book value, BV, of the
A plan combining a benefit plan and a contribution plan.
The prospective holders of policies that are divided by age, race, sex and other demographic factors.
The proof of payment of taxes due on a property or income that is official.
In corporate law, the legal right ensuring all share holders can take part in a deal along with the majority shareholder.
An asset expected to be in use after the current period of accounting.
The amount of money needed by a business to maintain its normal operations.
The calendar date when a goal or project is to be started. The date is initially an estimate that adjusts as the day nears for the launch of the new endeavor.
A simplified 2 column account resembling the letter ‘T’ used to illustrate double entry bookkeeping. Has 3 elements, title, left hand columnar and a right hand column.
Method and industry standard used to store scanned and digital images in gay-scale, full color and black and white.
Calculated by deducting intangible assets, preferred costs of equity from the book value of a firm.
1. Contracting. Final cost that is agreed on. 2. Costing. Final cost of a service or product that needs to be achieved to generate desired sales revenue and income. See target costing.
The output that is aimed for from process or the results aimed for in admeasurement.