Alternative Minimum Tax (AMT)
Alternative Minimum Tax (AMT): The alternative minimum tax (AMT) was designed to ensure that all taxpayers pay at least the minimum federal income tax for their income level, no matter how many deductions or credits they . . . View Full Definition
Real Property Tax: A real property tax is a local tax on the value of real estate. The property may be assessed at full value, which is presumably the price that the owner could sell it for in the current mark . . . View Full Definition
Tax Codes: Under the PAYE system of taxing income, tax codes are allocated annually to employees. These codes enable the employer to deduct tax at the correct rate from salaries or wages on a monthly ( . . . View Full Definition
Tax Clawback Agreement: The percentage of tax obligation for a particular taxable income.
Word of the Day:
Income Tax: Common stock with a high dividend yield and few profitable investment opportunities.