Tax Opinion Insurance,
What is The Meaning of Tax Opinion Insurance?
Tax Opinion Insurance means: An insurance policy designed to cover the costs incurred by an insured person for a given tax term that has been successfully challenged by the Internal Revenue Service (IRS). Such disputes may result in the payment of additional taxes, interest, penalties and defense costs. For example, if a company includes a significant deduction in a tax return for something that is legal, it may consider obtaining tax-related insurance, but may be considered objectionable by the IRS. And in the end it is rejected. In this case, the tax return insurance will cover the costs associated with the corporate tax situation, in addition to the additional taxes it must pay.
Literal Meanings of Tax Opinion Insurance
Meanings of Tax:
Tax (someone or something)
Create requirements (someone's strength or resources)
Face guilt or guilt.
Investigation and evaluation (case cost)
Mandatory contribution to government revenue, which is levied by the government on employee income and company profits, or includes the cost of certain goods, services and transactions.
Strict restrictions or demands.
Sentences of Tax
Hardware and software are taxed at 7.5%
He knew that the next test would use all his strength
Why are you accusing me of this meaningless accusation?
Agents who charge tax rates
Higher taxes will reduce consumer spending
Heavy tax on reader's attention
Synonyms of Tax
load, exact a tax on, tithe, weight, toll, put a strain on, burden, excise, levy, blame, call to account, tariff, demand, confront, charge, encumbrance, strain, censure, contribution, duty, stretch
Meanings of Opinion:
Opinions or decisions about something that are not based on facts or knowledge.
Sentences of Opinion
I am writing to express my opinion on a matter of great concern.
Synonyms of Opinion
attitude, outlook, slant, school of thought, belief, side, position, thoughts, judgement, stance, angle, viewpoint, point of view, standpoint, perspective, mind, view, way of thinking, thinking, thought
Meanings of Insurance:
An exercise or arrangement under which a company or government agency guarantees compensation for a particular loss, injury, illness or death in exchange for a premium.
Sentences of Insurance
Maintaining a high standard of personal conduct is an excellent guarantee against personal problems.
Synonyms of Insurance
safety measure, precaution, surety, safeguard, financial protection, security, cover, provision, defence, shelter, immunity, preventive measure, indemnification, indemnity, protection