In Hindu law. A note of hand; a promissory note given by a native banker or money-lender to zemindars and others, to enable them to furnish government with security for the payment of their rents. Wharton. … [Read more...] about TEEP
T
TAX SHELTER
A method used by taxpayers where money is funneled so as to avoid or significantly reduce tax liability. … [Read more...] about TAX SHELTER
TAX YEAR
The 12 month period that is used to calculate the tax liability of a person or entity. … [Read more...] about TAX YEAR
TAX COURT
The federal court which adjudicates taxpayers appeals from IRS decisions and findings. The Tax Court hears cases on a trial basis where taxpayers don't pay amounts claimed by the IRS until the conclusion of the case. … [Read more...] about TAX COURT
TAXA
L. Latin: A tax. Spelman. In old records. An allotted piece of work; a task. … [Read more...] about TAXA