Part of our increasingly complicated Federal income tax structure is a myriad of acronyms and abbreviations. Understanding the meaning of the more frequently encountered terminology can lead to a better comprehension of the complex tax situations that a taxpayer might encounter.
This section explains some common terminology and provides an overview of their application.
Anaheim Business Service • 1011 E Kenwood Ave • Anaheim, CA 92805-1144 Phone: (714) 520-9411 • Fax: (714) 520-5242