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February 27, 2010

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North Dakota State Statutes

State Statutes Resource Center
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	Newsroom
	News about Taxation cases in North Dakota and nationwide: Levin, Coleman, Obama Introduce Stop Tax Haven Abuse Act Today, citing $100 billion in revenue drained from the U.S. Treasury at the expense of honest, hardworking American families who pay their fair... Read more > Trust Promoters Sentenced To Prison For Tax Fraud WASHINGTON, D.C. - Five persons associated with Innovative Financial Consultants (IFC) were sentenced to lengthy prison terms for promoting a tax e... Read more > Understanding the Tax Gap The Internal Revenue Service developed the concept of the tax gap as a way to gauge taxpayers’ compliance with their federal tax obligations. The t... Read more > More Taxation News >

Taxation Terms

Today's Terms

Dependency exemption

Definition:
Amount that taxpayers can claim for their eligible dependents. Each exemption reduces the income subject to tax. The exemption amount is a set amount that changes from year to year.

Acquisition

Definition:
The purchase of one corporation by another, through either the purchase of its shares, or the purchase of its assets.

Federal Insurance Contributions Act (FICA) Tax

Definition:
Provides benefits for retired workers and their dependents as well as for disabled workers and their dependents. Also known as the Social Security tax.

More Taxation Terms >

Tax Legal Resources

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Taxation Hot Topics

Topics Related to Taxation Law:

Income Tax Cases
Recent Estate & Gift Tax Cases
Recent Income Tax Cases
State Statutes Dealing with Taxation

North Dakota Taxation Attorney

If you live in the following cities and need an taxation attorney you should contact our Taxation Attorney as soon as possible:

Bismarck
Dickinson
Fargo
Grand Forks
Jamestown

Mandan
Minot
Wahpeton
West Fargo
Williston

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