Ballentine's law dictionary. Anderson, W.S.. 1998.
Hornung v. Commissioner — [1] (First Issue)United States Tax Court, 196747 T.C. 428Issues#Whether the value of a 1962 Chevrolet Corvette won by Paul Hornung (taxpayer) for his performance in the 1961 National Football League championship game should be included in his… … Wikipedia
Constructive receipt — Part of a series on Taxation Taxation in the United States … Wikipedia
Doctrine of Cash Equivalence — The Doctrine of Cash Equivalence states that the U.S. Federal income tax law treats certain non cash payment transactions like cash payment transactions for federal income tax purposes.1 The doctrine is used most often for deciding when cash… … Wikipedia
Doctrine of cash equivalence — Part of a series on Taxation Taxation in the United States … Wikipedia
Nonqualified deferred compensation — In the United States, the question whether any compensation plan is qualified or non qualified is primarily a question of taxation under the Internal Revenue Code (IRC). Any business prefers to deduct its expenses from its income, which will… … Wikipedia
Davis v. Commissioner (constructive receipt) — Davis v. Commissioner., T.C. Memo. 1978 12 (1978),[1] was a case in which the United States Tax Court held that in order to have constructive receipt, a taxpayer must have notice of the attempt to transfer funds to the taxpayer. Contents 1… … Wikipedia
Installment Sales Method — Installment Sale MethodThe installment sale method is an alternative to the cash method vs accrual method debate of accounting. The installment sale method allows the taxpayer to defer the inclusion of income until the payments is made in cash or … Wikipedia
Phantom Income — Income paid to a taxpayer during the tax year that is not constructively received at the taxpayer s end. Phantom income is not terribly common, but does manifest itself in such investments as limited partnerships, where the earnings are taxed but … Investment dictionary
receive — To take into one s possession, e.g., a letter, a gift, one s salary, or earnings. Hallenbeck v Getz, 63 Conn 385, 388; Commissioner v Williston, 315 Mass 638, 54 NE2d 43, 151 ALR 1395. As the words receive and accept are used in the statute of… … Ballentine's law dictionary
Deferred compensation — is an arrangement in which a portion of an employee s income is paid out at a date after which that income is actually earned. Examples of deferred compensation include pensions, retirement plans, and stock options. The primary benefit of most… … Wikipedia
