Tag: credits
Building Credit as a Teenager: What You Need to Know
As a teenager, building credit might not be on your radar just yet. But did you know that the actions you take now can...
Tax Strategies to Reduce Your Tax Bill
Are you looking for ways to reduce your tax bill this year? It’s no secret that taxes can quickly sneak up on us during...
Cafeteria Plan
DefinitionA cafeteria plan is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code....
Passive Activity
What is 'Passive Activity' Passive activity is activity in which the taxpayer did not materially participate in during the tax year. Internal...
Paris Pair
What is 'Paris Pair' The nickname for the U.S. Dollar/French Franc currency pair prior to France's conversion to the Euro. Since the...
Qualified Electric Vehicle
What is 'Qualified Electric Vehicle' An electric vehicle that qualifies the owner to claim a nonrefundable tax credit. A qualified electric vehicle...
Vandalism Endorsement
What is 'Vandalism Endorsement' An optional type of coverage that can be added to a basic hazard or property and casualty insurance...
Waiver
What is a 'Waiver' A waiver is the voluntary action of a person or party that removes that person's or party's right...
Warning Bulletin
What is 'Warning Bulletin' A listing compiled on a weekly basis of credit cards that have been canceled, are past due or...
General Business Tax Credit
What is 'General Business Tax Credit' The total value of all the individual credits to be applied against income on a tax...