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Episode 1579

Forty-Eleven Zillion

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...

wearaway

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

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

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...

Tingle table

Tingle table n. a U-shaped table with 18 to 25 baskets or bins, used for sorting tax returns. Etymological Note: Supposedly named after an IRS employee named James Tingle who created the table in the 1960’s. His first name is sometimes given as...