TagTaxation in the United States

wearaway

wearaway  n.β€” Β«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...

wash sale

wash sale  n.β€” Β«If you sell, make sure you don’t run afoul of what’s known as the wash-sale rule. A wash sale happens when you sell a security at a loss and, within 30 days before or after the sale, you buy the same thing, or something...

tingle table

tingle table  n.β€” Β«First letter openings are made by an automatic slicer, and all contents go quickly to the “tingle table,” where employes separate taxpayer checks and their forms from those due refunds.Β» β€”β€œTaxpayers...

Tingle table

Tingle table  n.β€” Β«Returns go to the Extracting Unit where a finer sort is made. As many as 300 clerks at “Tingle Tables” separate returns with checks from those without checks.…After being “Tingled,” returns...

Tingle table

Tingle table  n.β€” Β«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.Β» β€”β€œDue 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...

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