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A mortise is a hole cut into a timber to receive a tenon. There are several kinds of mortise: [16] Open mortise: a mortise that has only three sides. (See bridle joint). Stub mortise: a shallow mortise, the depth of which depends on the size of the timber; also a mortise that does not go through the workpiece (as opposed to a "through mortise").
Qualified educators can deduct up to $250 of unreimbursed business expenses. If both spouses are eligible and file a joint return, they can deduct up to $500 — but not more than $250 each.
An expense account is the right to reimbursement of money spent by employees for work-related purposes. [1] Some common expense accounts are Cost of sales, utilities expense, discount allowed, cleaning expense, depreciation expense, delivery expense, income tax expense, insurance expense, interest expense, advertising expense, promotion expense, repairs expense, maintenance expense, rent ...
A chain mortiser used in timber framing. For cutting larger mortises such as those used in timber frame construction, chain mortisers are commonly used. A chain with cutters (similar to a chainsaw chain) rotating within a frame clamped to the work is successively plunged into the workpiece to mortise out the required volume.
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
Mortise or mortice may refer to: Mortise and tenon, a woodworking joint; Ankle mortise, part of the distal tibia joining the talus bone to form an ankle joint; Mortise chisel, a type of chisel; Mortice lock, a lock with a bolt set within the door frame, rather than attached externally
An out-of-pocket expense, or out-of-pocket cost (OOP), is the direct payment of money that may or may not be later reimbursed from a third-party source. For example, when operating a vehicle, gasoline , parking fees and tolls are considered out-of-pocket expenses for a trip.
Statutory employees are also permitted to deduct work-related expenses on IRS Schedule C instead of Schedule A in the United States tax system. As a result, they are allowed a greater tax deduction for business expenses than standard employees, as Schedule C expenses are not subject to the 2% adjusted gross income threshold as seen with ...