taxwise
In revenue terms
Taxwise is an adverb meaning with regard to taxes or from a tax perspective.
It belongs to a productive pattern in English where -wise attaches to nouns to create adverbs indicating manner or respect.
Taxwise, it makes more sense to wait until January to sell the property.
The term appears most often in financial discussions when someone wants to evaluate a decision specifically in terms of its tax implications.
Adhering to requirements
- statutesFormally enacted laws
- loopholesExploitable ambiguities in rules
- regulationsEnforced rules and standards
- auditFormal accounts examination
appeal · tribunal · penalties · enforcement · evasion · fraud · disclosure · reporting
Arranging for future events
- optimizationMaximizing efficiency or performance
- sheltersPlaces offering protection
- avoidanceDeliberate keeping away
- defermentAuthorized delay of obligation
deferral · minimization · harvesting · restructuring · offshore · timing · bunching · gifting
Property and grounds
- inheritanceProperty received from ancestors
- payrollStaff wages collectively
- self-employmentWorking for yourself
- exciseRemove by cutting
Conclusions from reasoning
- exemptionsReleases from obligation
- creditsUnits toward graduation
- withholdingKeeping from another
- returnsProfits from investments
filings · brackets · liabilities · rebates · itemization · adjustments · depreciation · amortization
compliance
Adhering to requirements
- statutesFormally enacted laws
- loopholesExploitable ambiguities in rules
- regulationsEnforced rules and standards
audit · appeal · tribunal · penalties · enforcement · evasion · fraud · disclosure · reporting · IRS
planning
Arranging for future events
- optimizationMaximizing efficiency or performance
- sheltersPlaces offering protection
- avoidanceDeliberate keeping away
deferment · deferral · minimization · harvesting · restructuring · offshore · timing · bunching · gifting
estate
Property and grounds
- inheritanceProperty received from ancestors
- payrollStaff wages collectively
- self-employmentWorking for yourself
deductions
Conclusions from reasoning
- exemptionsReleases from obligation
- creditsUnits toward graduation
- withholdingKeeping from another
returns · filings · brackets · liabilities · rebates · itemization · adjustments · depreciation · amortization · write-offs