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 ASSESSED VALUE - The Tax Assessed Value (TAV) is the dollar amount assigned to your property for th...
  
  
• TAX AUDIT - Audit by the IRS or other tax-collecting agency to determine whether a taxpayer has paid th...
  
  
• TAX AVOIDANCE - Minimizing tax burden through legal means such as tax-free municipal bonds, tax shelter...
  
  
• TAX BASE - The assessed valuation of all real property that lies within a taxing authority's jurisdicti...
  
  
• TAX BASIS - In the context of finance, the original cost of an asset less depreciation that is used to ...
  
  
• TAX BILL - A property owner's tax bill is computed by applying the tax rate to the assessed valuation o...
  
  
• TAX BOOKS - Records kept by a firm's management that follow IRS rules. The books follow Financial Accou...
  
  
• TAX BRACKET - Although income tax is paid by most wage or income earners, the rate of income tax paid i...
  
  
• TAX CERTIFICATE - At the time of a sale, the lawyer for the buyer must confirm that local taxes have be...
  
  
• TAX CERTIFICATE ID - State sales tax ID number issued when tax certificate issued.