Glossary of Terms

Common Tax Terms

To help you with some common tax terms, we’ve provided the following links from the IRS and others. The views reflected on these sites may not necessarily reflect those of Casey Peterson, LTD.

If you have questions about any accounting-related terms, let our tax advisors, accountants, and CPAs help you out.



IRS Understanding Taxes
Developed as an online learning source for students, this glossary simplifies the most common tax terms.

Kiplinger Tax Terms You Should Know
More than 100 tax terms you should understand


IRS Tax Information for Businesses
A comprehensive tax resource from the IRS for businesses and those who are self employed

Entrepreneur Magazine's Tax Terms for Business
Business terms from Entrepreneur Magazine

Investopedia Tax Terms
Investopedia is one of the country’s largest educational websites on investing and financial news.

Business Dictionary
Created by WebFinance, Inc., this educational resource provides information about common business terms.


IRS for Charities
Comprehensive resource of IRS requirements for charities and other non-profits

IRS Basics for Tax Exempt Organizations
The IRS has an entire website dedicated to organizations exempt from withholding of federal income tax.


At Casey Peterson, LTD, we understand not everyone loves the complexities of accounting like we do. That's what sets us apart from the rest. Our CPAs, accountants, and financial advisors truly love numbers, solving problems, and creating business and financial strategies for our clients.

We’re looking for clients who believe in good customer service — clients who want CPAs, accountants, and financial advisors who are big-picture thinkers and ethical problem solvers. We’re looking for relationships, not transactions.

If you want the same, we should talk.

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