Tax Home

Tax Home
An individual's primary place of work or residence. This is used when determining tax for travel or transportation expenses.

Many travel deductions require that you travel a minimum mileage away from your tax home to qualify.


Investment dictionary. . 2012.

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  • tax home — Since travel expenses of an employee are deductible only if the taxpayer is away from home, the deductibility of such expenses rests upon the definition of tax home . The IRS position is that tax home is the business location, post or station of… …   Black's law dictionary

  • home — One s own dwelling place; the house in which one lives, especially the house in which one lives with his family; the habitual abode of one s family; a dwelling Mann v. Haines, 146 Kan. 988, 73 P.2d 1066, 1072. That place in which one in fact… …   Black's law dictionary

  • home — One s own dwelling place; the house in which one lives, especially the house in which one lives with his family; the habitual abode of one s family; a dwelling Mann v. Haines, 146 Kan. 988, 73 P.2d 1066, 1072. That place in which one in fact… …   Black's law dictionary

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  • Tax increment financing — Tax Increment Financing, or TIF, is a public financing method which has been used for redevelopment and community improvement projects in the United States for more than 50 years. With federal and state sources for redevelopment generally less… …   Wikipedia

  • home office — index headquarters Burton s Legal Thesaurus. William C. Burton. 2006 Home Office …   Law dictionary

  • Home equity — is the value of a homeowner s unencumbered interest in their property, i.e. the difference between the home s fair market value and the unpaid balance of the mortgage and any outstanding debt over the home. Equity increases as the mortgage is… …   Wikipedia

  • home rule — n: self government or limited autonomy in internal affairs by a dependent political unit (as a territory or municipality); also: the political theory or principle of self government Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. home …   Law dictionary

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