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Tax

Of or relating to the fees charged by a government on a product, income, or activity; and also to the system by which they are successfully levied.

Industry: Accounting

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Tax

Document to be filed in most states with the secretary of state or similar authority of a state by the founders of the corporation specifying such items as the name, location, nature of the business, ...

active participation

Accounting; Tax

Involvement in a rental real estate activity making management decisions Requires no specific number of hours

manufacturer's output policy

Accounting; Tax

An insurance policy that covers the loss of property owned by a manufacturer but located off the premises

articles of organization

Accounting; Tax

Similar to Articles of Incorporation, but the document filed with the secretary of state or similar authority of a state by the founders of an limited liability company (LLC) It is also known as ...

activity

Accounting; Tax

For the passive activity rules, it's the integral economic unit for measuring a taxpayer's level of participation in a trade or business One location can have more than one business activity For ...