Definition
Internal Revenue Service (IRS)
The federal agency that collects income taxes in the United States.
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Internal Revenue Service - IRS
A United States government agency that is responsible for the collection and enforcement of taxes.
Internal Revenue Service (IRS)
The federal agency responsible for the collection of federal taxes, including personal and corporate income taxes, Social Security taxes, and excise and gift taxes.
An Internal Revenue Service provision that allows an individual to transfer an unlimited amount of assets to a spouse, during life or at death, without incurring federal estate or gift tax.
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Internal Revenue Service
The Office of the Commissioner of Internal Revenue was established by an act of July 1, 1862 (26 U.S.C.A. § 7802).
An Internal Revenue Service provision that permits a firm to liquidate its assets at more than book value and to pass the proceeds of the liquidation through to stockholders without making the firm pay income taxes on the gains.
An Internal Revenue Service (IRS) levy is a garnishment of wages, additional assessment of income taxes or government payments like social security and disability.
The Internal Revenue Service loves to tax capital gains, but they are just as diligent to disallow capital losses that might offset those lucrative cash cows. Case in point: the wash rule.
The Internal Revenue Service will not recognize a tax loss generated from the sale and repurchase within 30 days before or after the trade or settlement date of the same or a substantially identical security-typically called a "wash sale.
Yield for SLUGS is restricted by the Internal Revenue Service's arbitrage regulations. SLUGS are also non-marketable securities issued by the U.S. Treasury directly to the issuer as a tool to manage yield-restricted bond proceeds.
MARKET PRICE RULE - A requirement under the arbitrage regulations of the Internal Revenue Service that securities purchased in the open market to fund an escrow account for bonds advance refunded with tax-exempt bonds must be purchased at fair ...
The Internal Revenue Service (IRS) requires financial institutions to report all client's social security numbers, interest and dividend payments and sale proceeds. This practice applies to all US citizens and resident aliens.
FMV is the measure of value most used by business appraisers, as well as the Internal Revenue Service (IRS) and the courts.
This means that they aren't reported to the Internal Revenue Service as current income on your W-2 form to the Internal Revenue Service.
Internal Revenue Service by a nonpartisan research group shows that the agency is reducing its auditing of the biggest businesses.
By Jim Forrester, CPA The Internal Revenue Service has two tax codes: one for businesses, the other for individuals.
Companies want to show investors the highest possible earnings, but when it comes to the Internal Revenue Service, the idea is to show as little income as possible.
Qualified retirement plans are authorized by the Internal Revenue Service and must adhere to certain rules and regulations. Participants in the plans, often sponsored by an employer, may accumulate money in their accounts on a tax-deferred basis.
For example if you claim a capital loss on your tax return and it is disallowed under the wash sale rule, the amount you deducted or used to offset losses can be clawed back by the Internal Revenue Service (IRS) -- though it does not use the term ...
GIFT TAX EXCLUSION. An annual exclusion granted by the Internal Revenue Service that allows a donor to give up to $10,000 per year to an unlimited number of donees without incurring gift taxes.
DIF score
A rating, arrived at with a secret formula, used by the Internal Revenue Service to help figure out which returns to select for audits. DIF stands for "discriminant function."
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But they are subject to a number of requirements set forth by the Internal Revenue Service. In particular, there is a requirement to annually distribute at least 90% of the REIT's taxable income in the form of dividends to its shareholders.
Contact your local Internal Revenue Service (IRS) office or call 1-800-829-1040 for information about how to report worthless securities as a loss on your income tax return.
The latter is authorized by the IRS (Internal Revenue Service). These plans should follow particular rules and regulations in order to fall in this category and serve in the best interest of their holders.
When an employee receives common stock as part of his compensation, these shares are subject to taxes, according to the Internal Revenue Service (IRS). That doesn't happen with restricted stock.
Sources
1. Internal Revenue Code, Section 1091
2. Internal Revenue Service, Publication 550, page 52
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As things stand, there is significant tax saving to be gained from investing in ETNs. In reality, however, the Internal Revenue Service has yet to decide on the proposed tax treatment. So, the tax benefit status is still arguable.
It is important to have your own performance record as you trade currency in the Forex market as this will help in computing taxes of your profits and losses. The Internal Revenue Service computes the amount in taxes according to a formula based ...
Income earned by a passive investor is subject to the Internal Revenue Service Alternative Minimum Tax, something to keep in mind. It is an individual who invest currency, but does not manage the business or property involved in the venture.
The conduct and operation of retail FOREX brokerages are not regulated under any laws or regulations specific to the FOREX market, and in fact many of such establishments in the United States do not even report to the Internal Revenue Service (IRS).
These critics argue that, through unconstitutional changes in law, the words income (corporations) and wage (people's paychecks) were redefined. Taxation enforcement (Internal Revenue Service) could now force U.S.
Internal Revenue Service The IRS is responsible for the collection, enforcement and to a degree the... international Involving more than one country.
 See also: Revenue, Income, Interest, Account, Investment
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