Qualified Production Activities Income is a class of income which is entitled to favored tax treatment under Section 199 of the United States Internal Revenue Code.
Read more about Qualified Production Activities Income: History, Mechanics, Effect
Famous quotes containing the words qualified, production, activities and/or income:
“Lets face it. With the singular exception of breast-feeding, there is nothing about infant care that a mother is innately better qualified to do than a father. Yet we continue to unconsciously perpetuate the myth that men just dont have what it takes to be true partners in the process.”
—Michael K. Meyerhoff (20th century)
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (18721933)
“Both at-home and working mothers can overmeet their mothering responsibilities. In order to justify their jobs, working mothers can overnurture, overconnect with, and overschedule their children into activities and classes. Similarly, some at-home mothers,... can make at- home mothering into a bigger deal than it is, over stimulating, overeducating, and overwhelming their children with purposeful attention.”
—Jean Marzollo (20th century)
“There are few sorrows, however poignant, in which a good income is of no avail.”
—Logan Pearsall Smith (18651946)