§ 157.6001-1 Records, statements, and special returns
§ 157.6011-1 General requirement of return, statement, or list
§ 157.6060-1 Reporting requirements for tax return preparers
§ 157.6061-1 Signing of returns and other documents
§ 157.6065-1 Verification of returns
§ 157.6071-1 Time for filing returns
§ 157.6081-1 Automatic extension of time for filing a return due under chapter 55
§ 157.6091-1 Place for filing returns
§ 157.6107-1 Tax return preparer must furnish copy of return or claim for refund to taxpayer and must retain a copy or record
§ 157.6109-1 Tax return preparers furnishing identifying numbers for returns or claims for refund
§ 157.6151-1 Time and place for paying of tax shown on returns
§ 157.6161-1 Extension of time for paying tax
§ 157.6165-1 Bonds where time to pay tax has been extended
§ 157.6694-1 Section 6694 penalties applicable to tax return preparer
§ 157.6694-2 Penalties for understatement due to an unreasonable position
§ 157.6694-3 Penalty for understatement due to willful, reckless, or intentional conduct
§ 157.6694-4 Extension of period of collection when preparer pays 15 percent of a penalty for understatement of taxpayer’s liability and certain other procedural matters
§ 157.6695-1 Other assessable penalties with respect to the preparation of tax returns or claims for refund for other persons
§ 157.6696-1 Claims for credit or refund by tax return preparers
§ 157.7701-1 Tax return preparer

Terms Used In CFR > Title 26 > Chapter I > Subchapter D > Part 157 > Subpart B - Procedure and Administration

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.