When there’s no evening meal planned at home, what do you call that scramble to cobble together your own dinner? Some people apply acronyms like YOYO — “you’re on your own” — or CORN, for “Clean Out your Refrigerator...
Why do news releases from agencies such as the FBI, the CIA, the EPA, and the IRS drop the initial the before these initialisms? This is part of a complete episode.
Fbar n.— «Under the plan, according to the person briefed on the issue, the I.R.S. will cut an onerous penalty for not filing a Report of Foreign Bank and Financial Account, known as an Fbar—something offshore tax evaders have not done...
wearaway n.— «There has been a constant battle over freezing some older workers pension benefits since IBM ran afoul of its senior workers in 1999. That fight may be over as the U.S. Treasury has now issued a ruling that determined that...
old and cold rule n.— «If you plan to use the vacation home as the relinquished property, do not use it personally for at least two years, and two tax returns. The IRS has adopted what is known as the “old and cold” rule. If...
Tingle table n.— «Workers process the forms at something called Tingle tables, so named for Jim Tingle, an IRS employee who designed the tables back in the 1960s.» —“Due date to file U.S. taxes just around the corner” in...