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Tax Break

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Tax Break
1. See: Write off.

2. See: Tax cut.


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Even if you don't meet the requirements for the full exclusion, you still may qualify for part of that tax break if you sold your home for a specific reason such as a serious health issue, a change in employment, divorce or separation, or a natural or man-made disaster.
The Obama administration has proposed cutting billions of dollars in big tax breaks for oil and natural gas companies on Thursday.
Officials were stunned to learn that a law offering tax breaks to developers of new buildings if they met “green” construction standards could cost $1 billion.
 
 
 
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