Tag: rules
Tax Attribute
What is 'Tax Attribute' A type of loss or tax credit that must be reduced as a result of the exclusion of...
Dawn Raid
DefinitionA police raid is a visit by police or other law enforcement officers often in the early morning or late at night, with the...
De Minimis Tax Rule
What is the 'De Minimis Tax Rule' The De Minimis tax rule is a rule that states that capital gains tax must...
Passive Foreign Investment Company (PFIC)
What is a 'Passive Foreign Investment Company - PFIC' A passive foreign investment company (PFIC) is a foreign-based corporation that exhibits either...
Moving Average
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilityMoving average In statistics, a moving average (rolling average or running average) is a calculation...
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...
Early Withdrawal
What is 'Early Withdrawal' The removal of funds from a fixed-term investment before the maturity date, or the removal of funds from...
Same Property Rule
What is 'Same Property Rule' A regulation relating to IRA rollovers stipulating that whenever a financial asset is withdrawn from a retirement...
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...
GAAP – Generally Accepted Accounting Principles
The standard guidelines for financial accounting that apply in all legal bodies are termed as generally accepted accounting principles or GAAP. These principles include...