A capital offense is a criminal charge that is punishable by the death penalty. It is not necessary that the actual punishment imposed was the death penalty, but rather a capital office is classified as such if the permissible punishment prescribed by the legislature for the offense is the death penalty.
Capital punishment, also known as the death penalty, is a form of criminal punishment in which a defendant’s life is taken by the state as a penalty for a crime
Carryback in tax accounting refers to computing the current year's taxes, profits & losses, deductions, etc. and subsequently revising a previous year’s filed tax return to reduce some amount of tax liability. (See also: carryover)
Carryover is an accounting method by which the deductions and credits of a taxable year that are either not used in that year, or could not be considered entirely in that year, are then applied to reduce the tax liability of later/subsequent years.
Carryover basis is a type of basis used when calculating the taxes of a gift recipient. Taxes based on capital gains require looking at the change in value of an asset over time, usually looking at the purchase price. However, for individuals who receive an asset as a gift, there is no purchase price to base the gain on.
Casualty can refer to both an unforeseen accident or disaster, as well as the resulting harm from said accident or disaster. Whether people, places, or things, anything can be considered a casualty of a certain harm. 26 U.S.
Casualty loss is limited to loss caused by some sudden, unexpected, and external force such as fire, storm, shipwreck, or similar event or accident.
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CDA claims, or Contracts Disputes Act claims, are formal demands by one member of a contracting party, typically the contractor in a government contract, seeking relief as a matter of right.
