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Reachback |
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Reachback The ability of a tax shelter or limited partnership to deduct certain costs and expenses at the end of the year that were incurred throughout the entire year. Reachback The ability for a tax shelter or limited partnership to wait until the end of a calendar year to apply deductions or credits it incurred over the entire previous year. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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