What BUSINESS ASSETS means: Assets used in a trade or business or used to produce rental or royalty income.
- Definition Bequest:
- Dictionary A gift by will of personal property business assets definition.
- Definition Bad Debts:
- Dictionary receivable that have been included in income in a prior year that are uncollectible, legally binding debts owed to the taxpayer that are totally worthless and uncollectible, and debts the taxpayer business assets explain.
- Definition Basis:
- Dictionary to an asset from which gain or loss is determined for income tax purposes when the asset is sold. For assets acquired by purchase, basis is cost. Special rules govern the basis of property received business assets what is.
- Definition Bond:
- Dictionary corporation or governmental unit to repay, on a specified date, money loaned to it by the bondholder. The holder receives interest for the life of the bond. If a bond is backed by collateral, it is business assets meaning.
How works Business Assets meaning in Tax definitions B .
