Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• TAX LIABILITY - The amount in taxes a taxpayer to the government.
  
  
• TAX LIEN - (1) A lien for nonpayment of property taxes. Attaches only to the property upon which the ta...
  
  
• TAX LOSS CARRY FORWARD/BACKWARD - a tax benefit that lets a company or individual to deduct losses in o...
  
  
• TAX LOSS CARRY-FORWARD - losses, for tax purposes, that can be carried forward and applied to reduce ta...
  
  
• TAX LOSS CARRYBACK, CARRYFORWARD - A tax benefit that allows business losses to be used to reduce tax l...
  
  
• TAX MAP - A pictorial representation of the properties in a municipality, showing dimensions and other ...
  
  
• TAX PARTICIPATION CLAUSE - a provision in a lease stipulating that the tenant will pay all or part of t...
  
  
• TAX PAYABLE METHOD - where the tax expense is equal to the provision for taxes payable in a particular ...
  
  
• TAX PLANNING - Devising strategies throughout the year in order to minimize tax liability, for example,...
  
  
• TAX PREFERENCE ITEM - Items that must be included when calculating the alternative minimum tax.