A companies director may not need to have any specific qualifications . If he does hold qualifications relevant to the business of the company he is required to use this […]

Adapted; fitted; entitled; as an elector to vote. Applied to one who has taken the steps to prepare himself for an appointment or office, as by taking oath, giv- ing […]

1. Different to a general acceptance . The details of a bill of exchange is altered and can be treated as a non-acceptance of the terms of the bill. 2. […]

A term used by auditors about accounts which have been audited and the auditor has doubts or disagrees with certain aspects of the accounts. The doubts will be considered to […]

A withdrawal amount that is taken early from an IRA that is used for financing a first home. Most early withdrawels will attract a penalty unless the withdrawal is used […]

A document that is generated by a qualified appraiser after assessing the value of a property. The assessment must meet certain IRS standards and expectations. It must conform to the […]

A person who has the necessary qualifications to act as an appraiser and to produce an appraisal document for property.

A firm of accountants or one accountant that is used to verify that the accoun ts of a business are a fair and rwal representation of ghe running of the […]

A bidder who meets the requirements that enables them to bid for items. There is a minimum set of requirements or qualifications that must have been reached. It may include […]

a term for a semi-denial or an inadequate denying of the charges.

a term that means to partially release from an obligation .

a valid disclaimer of an interest in a property that is subject to gift band estate tax.

A withdrawal taken from a Roth IRA that will not be subjected to taxes and penalties. A person must be at least 59 years and 6 months old, disabled, or […]

The distribution of dividends from an investment that will qualify for special tax considerations. It is a dividend that is paid by a US corporation or a foreign coporation.

Known as a QTIP or a qualified terminal interest policy. This is trust that allows a citizen who is not a native US citizen to inherit money from a spouse […]

This is an order that will allow a divorced spouse to be the recipient of a dividend from a retirement plan or an investment in stocks and shares. The decision […]

This allows a foreigner in the US to get benefits from a spouse who is a US citizen. The benefits can be from estates, pension and retirement plans and to […]

A new vehicle that has to meet the requirements to qualify. It must have 4 wheels, an electric motor that runs on rechargeable fuel cells or batteries, and have been […]

An endorsement that has certain qualifying terms to it. The terms are in words used to add limited scope or liability to the person doing gthe endorsement.

This applies to any equipment that has reached a certain levels of requirement necessary to complete a job or project. It will have to reach minimum safety specifications and requirements […]

A real estate strategy that is used to limit a capital gain or loss on a sale and therefore limit the taxes paid on any capital gain. The property is […]

These are the expenses incurred by an individual when he/she attends a college or place offering higher education. A 529 fund for college can only be used for these qualified […]

An investor allowed to trade privately securities not offered on the public market. It adds liquidity by getting rid of unmarketable securities. These sales are allowed by the US as […]

A person who will qualify for a Medicare benefit due meeting a low income requirement. The level of income is dictated by the current poverty level . Anyone who receives […]

This applies only to mortgages that have been issued after 2006 and it can be claimed three years in a row. It is money for insurance that is paid on […]