tax accounting — ➔ accounting * * * tax accounting UK US noun [U] ACCOUNTING, TAX ► accounting methods to prepare information on a person s income or a company s earnings for the tax authority, rather than, in the case of companies, for its executives,… … Financial and business terms
Tax accounting in the United States — U.S. tax accounting refers to accounting for tax purposes in the United States. Unlike most countries, the United States has a comprehensive set of accounting principles for tax purposes, prescribed by tax law, which are separate and distinct… … Wikipedia
tax accounting — noun Those accounting activities related to tax … Wiktionary
tax accounting — The accounting (timing) rules and methods used in determining a taxpayer s tax liability … Black's law dictionary
accounting — ac‧coun‧ting [əˈkaʊntɪŋ] noun [uncountable] 1. ACCOUNTING JOBS the usual word for the profession of accountancy in the US 2. ACCOUNTING the work of keeping a company s financial records, recording its income and expenses, and its business deals:… … Financial and business terms
tax-sheltered — tax shelter ˈtax ˌshelter noun [countable] TAX ACCOUNTING a plan or arrangement that allows you to legally avoid paying tax: • Many investors used annuities as a tax shelter rather than as a retirement savings program. tax sheltered adjective … Financial and business terms
tax return — ˈtax reˌturn noun [countable] TAX the form on which you have to give information so that your tax can be calculated: • There are step by step instructions on how to fill out a tax return. * * * tax return UK US noun [C] (also income tax return,… … Financial and business terms
tax obligation — UK US noun [C] TAX, ACCOUNTING ► an amount of tax that you have to pay in a particular period: »By the following year his tax obligation was back up to $15,000. »The company was presented with massive tax obligations, and to pay them it had to… … Financial and business terms
tax depreciation — UK US noun [U] TAX, ACCOUNTING ► an amount relating to the reduced value of a company s assets that is subtracted from its profits in order to reduce the amount of tax that it pays: »Current tax depreciation results in companies writing off… … Financial and business terms
tax schedule — UK US noun [C] TAX, ACCOUNTING ► one of the sets of rules that relate to different types of income, used to calculate the tax on it: »We need to know under which tax schedule we will be taxed … Financial and business terms
