a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Used in the same subject area: Accounting, Business and finance, Taxation.
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Tax deduction
a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
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a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Used in the same subject area: Accounting, Business and finance, Taxation.a deduction allowed to a taxpayer because of their status (having certain dependents or being blind or being over 65 etc.); "additiona…
Used in the same subject area: Accounting, Business and finance, Taxation.(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible…
Used in the same subject area: Accounting, Business and finance.(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible…
Used in the same subject area: Accounting, Business and finance.(accounting) the value of a firm's current assets including raw materials and work in progress and finished goods
Used in the same subject area: Accounting, Business and finance.(accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of fin…
Used in the same subject area: Accounting, Business and finance.(accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of fin…
Used in the same subject area: Accounting, Business and finance.(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the ass…
Used in the same subject area: Accounting, Business and finance.(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the ass…
Used in the same subject area: Accounting, Business and finance.(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
Used in the same subject area: Accounting, Business and finance.(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
Used in the same subject area: Accounting, Business and finance.(accounting) reduction in the book value of an asset
Used in the same subject area: Accounting, Business and finance.(accounting) reduction in the book value of an asset
Used in the same subject area: Accounting, Business and finance.a record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets
Used in the same subject area: Accounting, Business and finance.a tax on capital gains; "he avoided the capital gains tax by short selling"
Used in the same subject area: Business and finance, Taxation.a tax on the estate of the deceased person
Used in the same subject area: Business and finance, Taxation.a tax on the estate of the deceased person
Used in the same subject area: Business and finance, Taxation.
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Words connected by meaning
Their definitions overlap or refer to similar ideas. Use these to widen your search, then compare the exact meanings.
The sum total of two or more sums or quantities; the aggregate; the whole quantity; a totality; as, the amount of 7 and 9 is 16; the a…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.a movement into a higher tax bracket as taxable income increases
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.Worked out by calculation; as calculated tables for computing interest; ascertained or conjectured as a result of calculation; as, the…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.the expenditure in specific terms (per unit of production) of material resources (basic and auxiliary materials, fuel, energy, and dep…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.A bracket. See Bracket.
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.conspicuously and outrageously bad or reprehensible; "a crying shame"; "an egregious lie"; "flagrant violation of human rights"; "a gl…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.income (after taxes) that is available to you for saving or spending
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.income before interest and taxes and depreciation and amortization have been subtracted; an indicator of a company's profitability tha…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.income before interest and taxes and depreciation and amortization have been subtracted; an indicator of a company's profitability tha…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.conspicuously and outrageously bad or reprehensible; "a crying shame"; "an egregious lie"; "flagrant violation of human rights"; "a gl…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.income tax paid periodically on income that is not subject to withholding taxes; based on the taxpayer's predicted tax liability
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.To give up to another, as an estate, a business, the revenue, etc., on condition of receiving in return a percentage of what it yields…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.The income of a ruler or of a state; revennue; public money; sometimes, the income of an individual; often used in the plural for fund…
Its definition shares important concepts with this word: reduction, gross, amount, calculated, reduces.
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