KEY TERMS FOR WEEK2

KEY TERMS FOR WEEK2 - KEY TERMS FOR WEEK2-CHAPTERS 4 5...

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Glossary Chapter 4 Accounting income The accountant's con may differ from taxab line depreciation for f accounting income on excess of adjusted cu minimum tax purpose Accounting method The method under wh the cash basis and th recognition of income and the valuation of in receipts method, com Accrual method A method of accounti cash basis of accoun to be taxable. Unearn of the method of acco method , and unearne Alimony and separate maintenance payments Alimony and separate deductible by the pay family relationship. Ch AGI. §§ 62(10), 71, a Alimony recapture The amount of alimon payor that now is ded loading. § 71(f). Annuity A fixed sum payable t partial return of capita to compute the amou her investment in the income. If the annuita qualified pension or p Assignment of income A procedure whereby generates the income making the assignme usually referred to as Cash receipts method A method of accounti expenses when cash through depreciation capitalized and amort constructive receipt . Claim of right doctrine A judicially imposed d includible in income u For the tax treatment § 1341. Community property
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This note was uploaded on 02/08/2010 for the course ACC317 adv. feder taught by Professor Man during the Spring '10 term at Strayer.

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KEY TERMS FOR WEEK2 - KEY TERMS FOR WEEK2-CHAPTERS 4 5...

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