Income item which is excluded from a taxpayer's gross income by the internal revenue code or an administrative action. Common exclusions include gifts, inheritances, and death proceeds paid under a life insurance contract. Also known as excluded income.
Pssst! Want to make money while promoting your business? Deliver workshops or training events in your area of expertise, and you'll accomplish both. You'll also establish yourself as an expert in y... [ more... ]
Tom Richardson and Augusto Vidaurreta are revolutionizing business strategy with Relationship Asset Management (RAM). They explain their approach in Business is a Contact Sport, in bookstores Septe... [ more... ]