Income Tax

• ability to pay
• abusive tax
• shelter
• accelerated cost recovery system
• ACRS
• active participation
• adjusted basis
• adjusted gross income
• adjustments
• AGI
• amended return
• amortization
• assessment
• at-risk loss
• audit
• backup withholding
• bad debt
• basis
• boot
• Bureau of Customs and Excise
• capital gain
• capitalization
• capital loss
• carryback
• carryforward
• carryover
• casualty loss
• charitable contribution
• collection
• contract labor
• corporation
• cost of goods sold
• credit
• decedent
• declare
• declining balance depreciation
• deductible
• deduction
• dependent
• depletion
• depreciation
• distribution
• dividend
• earned income credit
• EID
• employee business expense
• employer identification number
• enrolled agent
• estimated tax
• exciseman
• exemption
• expense
• expensing
• extension
• Federal Insurance Contributions Act
• FICA
• fiduciary return
• filing
• filing date
• foreign earned income exclusion
• foreign tax credit
• gain
• garnishment
• gross income
• head of household
• holding period
• income
• income property
• independent contractor
• individual retirement account
• informational return
• in-kink contribution
• Inland Revenue
• interest income
• internal revenue
• internal revenue agent
• Internal Revenue Service
• investment expense
• involuntary exchange/conversion
• IRA
• IRS
• Itemized deduction
• Joint return
• Keogh plan
• K-1
• like-kind exchange
• limitation
• limited partnership
• long-term capital gain
• loophole
• lump-sum distribution
• MACRS
• modified accelerated cost recovery system
• moving expense
• net operating loss
• net profit
• NOL
• nonemployee compensation
• nonprofit organization
• nonresident
• nontaxable
• office-in-home
• ordinary income
• out-of-state return
• overpayment
• partner
• partnership return
• part-year resident
• passive activity
• penalty
• personal interest
• points
• portfolio income
• preenactment
• premature distribution
• preparer
• preparer penalty
• recapture
• refund
• reimbursement
• rental income
• retirement credit
• return
• rollover
• salvage value
• schedule
• self-employment tax
• SEP
• short form
• short tax year
• short-term capital gain
• simplified employee pension
• sole proprietorship
• special agent
• standard deduction
• straight-line depreciation
• subchapter S corporation
• taxable income
• tax base
• tax bracket
• tax break
• tax code
• tax collector
• tax court
• tax dodge
• tax evasion
• tax-exempt
• tax-exempt status
• tax farmer
• tax-free exchange
• tax haven
• taxing authority
• tax liability
• tax lien
• taxman
• taxpayer
• tax rate
• tax rate schedule
• tax return
• tax shelter
• tax structure
• tax year
• TIN
• triple tax-exempt bond
• trust
• unemployment compensation
• useful life
• wages
• wash sale
• W-4
• windfall profit
• withholding
• withholding tax
• write-off
• write off
• W-2