SECTION 1041
Section 1041 is a section the requires for all types of property transfer between spouses to be free of tax charges for the simplification of consolidation of marital assets under the US Internal Revenue Code. This means that Section 1041 prevents the declaration of deductible loss or taxable gain. The section may apply to spouses who are under a marriage contract and even in the process of divorcement.
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Skimming
Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Hiring Freeze
A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
The date in which a company will make an announcement on the details pertaining an issue of equity or debt. The announcement da ...
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