Tag: qualified
Tax Exempt
What is tax exempt status
Tax-exempt status is a designation given by the Internal Revenue Service (IRS) to organizations that meet certain criteria. To be...
Tax Advisor
DefinitionA tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are...
Unaudited Opinion
What is an unaudited opinion
An unaudited opinion is a statement from an auditor that expresses whether or not financial statements are free of material...
Qualified Joint And Survivor Annuity (QJSA)
What is 'Qualified Joint And Survivor Annuity - QJSA'
An annuity payment from a qualified plan or 403(b) account that provides a life annuity to...
Qualifying Domestic Trust (QDOT)
Qualifying Domestic Trust (QDOT) What is 'Qualifying Domestic Trust - QDOT' A type of trust that allows taxpayers who are not...
Keogh Plan
DefinitionKeogh plans are a type of retirement plan for self-employed people and small businesses in the United States. Keogh Plan What is the...
Qualified Acquisition Cost
What is Qualified Acquisition Cost
Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products...
QSBS (Qualified Small Business Stock)
What is 'QSBS (Qualified Small Business Stock)' A qualified small business stock (QSBS) is simply the stock or share of a qualified...
Rabbi Trust
What is 'Rabbi Trust'
A rabbi trust is a type of trust that is typically used by employers to hold retirement benefits for their employees....