Industry Related Definitions
Back to the Index
V
Vacation Home
The tax
Code places restrictions upon taxpayers who rent their residences or
vacation homes to others for part of the tax year. The restrictions
may result in scaling down of expense deductions for such taxpayers.
Vested Benefits
Pension
benefits owned by the taxpayer.
Go
back to the Definition Index page
Also, check out our
certification explanation page here!
Would you like us to
add a word or phrase? Email us at
glossary@bookkeeperlist.com
