2FA--Two-factor authentication
90DSAC--90 days, same as cash
A&H--Accident and health insurance
A&I--Accident and indemnity
A&S--Accident and sickness insurance
AAA--American Accounting Association also Association of Accounting Administrators
AAA-CPA--American Association of Attorney-Certified Public Accountants
AAG--Audit and accounting guides
AAPC--Accounting and Auditing Policy Committee
AATF--Airport and Airway Trust Fund
AAGR--Annual average growth rate
ABA--American Bar Association
ABA--American Bankers Association
ABA--Accredited Business Accountant
ABC--Activity based costing
ABC--Assignment for the benefit of creditors
ABCP--Asset backed commercial paper
ABL--Asset-based lending (also, asset-based loan)
ABO--Accumulated benefit obligations
ABP--Average benefit percentage
ABS--Asset based securitization (also asset based securities)
ABV--Accredited in Business Valuation
ACFE--Association of Certified Fraud Examiners
ACH--Automated clearing house
ACLI--American Council of Life Insurance
ACII--American Association of Individual Investors
ACO--Accountable care organization
ACP--Average contribution percentage
ACR--Actual contribution ratio
ACRS--Accelerated cost recovery system
ACV--Actual cash value
AD&D--Accidental death and dismemberment
ADA--Americans with Disabilities Act
ADB--Asian Development Bank
ADC--Acquisition, development and construction
ADEA--Age Discrimination in Employment Act
ADI--After date of invoice
ADJ--Adjust or adjustment
ADP--Average deferral percent
ADP--Actual deferral percentage
ADP--Applicable distribution period
ADR--Asset depreciation range
ADR--American depositary receipt
ADR--Alternative dispute resolution
ADR--Average deferral ratio
ADR--Average daily rate
ADS--Alternative depreciation system
A/E--Accured expense (also AE)
AE--Actual expense
AET--Accumulated earnings tax
AEI--American Enterprise Institute
AER--Annual equivalent rate
AFB--American Farm Bureau
AFC--Average fixed costs
AFP--Association for Financial Professionals
AFDA--Allowance for doubtful accounts
AFDC--Aid to Families with Dependent Children
AFE--Average funds employed
AFN--Additional funds needed
AFN--Annual funding notice
AFR--Applicable federal rate
AFR--Annualized failure rate
AFSI--Adjusted financial statement income
AFTS--Automatic funds transfer services
AGI--Adjusted gross income
AICPA--American Institute of Certified Public Accountants
AIME--Average indexed monthly earnings
AIMS--Advertising and integrated marketing solutions
AIR--Assumed investment rate
AJE--Adjusting journal entry (also A/J/E)
ALJ--Administrative Law Judge
ALV--Average lease value (cars)
AML--Anti-Money Laundering
AMA--American Management Association
AMC--Appraisal management companies
AMEX--American Stock Exchange
AMID--Allowable miscellaneous itemized deductions
AML--Adjustable mortgage loan
AMPS--Auction market preferred stock
AMT--Alternative minimum tax
AMTFTC--Alternative Minimum Tax Foreign Tax Credit
AMTI--Alternative minimum taxable income
ANOVA--Analysis of variance
ANSI--American National Standards Institute
A.O.B.--Any other business (also a.o.b.)
AON--All or none order
AOQL--Average outgoing quality level
AOV--Average order value
A/P--Accounts payable (also AP)
APB--Accounting Principles Board
APIC--Additional paid-in capital
APR--Annual percentage rate
APT--Arbitrage pricing theory
APV--Adjusted present value
APY--Annual percentage yield
AQL--Acceptable quality level
A/R--Accounts receivable (also AR)
ARD--Actual retirement date
ARM--Adjustable rate mortgage
ARO--After receipt of order
ARR--Average rate of return
ARS--Auction rate securities
ART--Annual renewable term
A/S--Account sales
ASB--Auditing standards board
ASB--Accounting Standards Board
ASBL--American Small Business League
ASF--American Securitization Forum
ASP--Application service provider
ASPPA--American Society of Pension Professionals & Actuaries
ASR--Accelerated stock repurchase
ASU--Accounting Standards Update
ATA--Accredited Tax Advisor
ATB--Adjusted trial balance
ATBVIC--Adjusted tangible book value of invested capital
ATCF--After tax cash flow
ATF--As trustee for
ATO--Asset turnover
ATP--Accredited Tax Preparer
ATNOL--Alternative Minimum Tax Net Operating Loss
ATNOLD--Alternative Minimum Tax Net Operating Loss Deduction
ATR--Americans for Tax Reform
AUM--Assets under management
AUP--Abandoned and unclaimed property
B-to-B--Business to business
B-to-C--Business to consumer
B&O--Business & occupation
B&P--Budgeting & planning
BAA--Business associate agreement
BAB--Build America Bonds
BAFO--Best and final offer
BAN--Bank anticipation notes
BAT--Business activity tax
Bcfd--Billion cubic feet per day
BDA--Big data analysis
BDC--Business Development Company
BDF--Beneficiary designation form
B/E--Breakeven
BEA--Bureau of Economic Analysis
BEIT--Business enterprise income tax
BET--Business entity tax
BFP--Bona fide purchaser
BHC--Bank holding company
BI--Business intelligence
BICE--Best interest contract exemption
BID--Business improvement district
BIS--Bank for International Settlements
B/L--Bill of lading
BLM--Bureau of Land Management
BLS--Bureau of Labor Statistics
BNPL--Buy now, pay later
BOE--Bank of England
BO!--Beneficial ownershiop information
BOL--Bill of lading
BOM--Bill of materials
BOMA--Building Owners and Managers Association International
BOP--Businessowner's policy
BOV--Broker's opinion of value
BOY--Beginning of year
BPA--Blanket purchase authoriation
BPD--Bureau of the Public Debt
BPD--Barrels per day
BPM--Business process management
BPM--Business performance management
BPML--Business process modeling language
BPO--Bargain purchase option
BPO--Business process optimization
BPO--Broker price opinion
BPO--Budget process outsourcing
BRC--Business reply card
BRE--Business reply envelope
BRIC--Brazil, Russia, India, and China
BRICS--Brazil, Russia, India, China, and South Africa
BS--Balance sheet
B/S--Bank statement
BSA--Bank Secrecy Act
BSM--Black-Scholes-Merton
BTCF--Before tax cash flow
BTT--Business transfer tax
BV--Book value (also B/V)
C&D--Cease and desist
C&F--Cost and freight
C&I--Commercial and industrial
CA--Confidentiality agreement
CAD--Cash available for distribution
CAD--Computer aided design
CADR--Cash available for distribution before debt reduction
CAE--Computer aided engineering
CAGR--Compound annual growth rate
CAI--Commercially available information
CAM--Common area maintenance
CAM--Computer aided manufacturing
CAM--Critical audit matters
CAFR--Comprehensive Annual Financial Report
CAMPS--Cumulative auction market preferred stock
CAO--Chief accounting officer
CAPE--Cyclically adjusted price-to-earnings ratio
Capex--Capital expenditures
CAPP--Cash account pension plan
CAPM--Capital asset pricing model
CAPS--Convertible adjustable preferred stock
CARDS--Custom Adjustable Rate Debt Structure
CAS--Cost accounting standards
CASB--Cost Accounting Standards Board
CAT--Commercial activity tax
CATS--Certificate of accrual on Treasury securities
CB--Carryback (also C/B)
CBD--Central business district
CBI--Confidential business information
CBIT--Comprehensive business income tax
CBO--Congressional Budget Office
CBOT--Chicago Board of Trade
CBPP--Center on Budget & Policy Priorities
CBRS--Currency banking and retrieval system
C-CPI--Chained Consumer Price Index
C-CPI-UChained Consumer Price Index for All Urban Consumers
CCC--Commodity Credit Corporation
CCC--Cash conversion cycle
CCM--Completed contract method
CCM--Continuous control monitoring
CCP--Collateralized commercial paper
CCPA--Consumer Credit Protection Act
CCR--Central Contracting Registry
CD--Certificate of deposit
CDARS--Certificate of Account Registry Service
CDFI--Community Development Financial Institutions
CDHP--Consumer-driven health plan
CDO--Collateralized debt obligation
CDS--Credit default swaps
CE--Continuing education
CEA--Council of Economic Advisers
CEBS--Certified employee benefit specialist
CECL--Currently expected credit loss
CE&O--Customer education and outreach
CEIT--Comprehensive business income tax
CEO--Chief executive officer
CESA--Coverdell education savings account
CETA--Comprehensive Employment and Training Act of 1975
CF--Cash flow
CF--Carryforward (also C/F)
C. & F.--Cost and freight
CFA--Chartered financial analyst
CFA--Consumer Federation of America
CFAT--Cash flow after taxes
CFBT--Cash flow before taxes
CFC--Chartered financial consultant
CFC--Court of Federal Claims
CFE--Certified Financial Examiner
CFFO--Cash flow from operations
CFIA--Competency Framework for Internal Auditing
CFIUS--Committee on Foreign Investment in United States
CFO--Chief financial officer
CFP--Certified financial planner
CFR--Code of Federal Regulations
CFROI--Cash flow return on investment
CFS--Container freight station
CFTA--Currency and Foreign Transaction Act
CFTC--Commodity Futures Trading Commission
CFPB--Consumer Finance Protection Bureau
CGA--Charitable gift annuity
CGL--Comprehensive general liability (insurance)
CGMA--Chartered Global Management Accountant
CGS--Cost of goods sold (also COGS)
CHB--Custom house broker
ChFC--Chartered Financial Consultant
CHL--Customs house license
C&I--Commercial and industrial (e.g., loans)
CIA--Certified Internal Auditor
CIC--Consumer Information Center
CIF--Cost, insurance, and freight
CIFR--Committee on Improvements to Financial Reporting
CIK--Central index keys
CIMA--Chartered Institute of Management Accountants
CIMC--Certified investment management consultant
CIP--Carriage and insurance paid
CISSP--Certified Information Systems Security Professional
CIT--Corporate income tax
CLA--Cross licensing agreement
CLAT--Charitable Lead Annuity Trust
CLO--Collaterialized loan obligation
CLU--Chartered Life Underwriter
C.L.U.E.--Comprehensive Loss Underwriting Exchange (Report)
CLUT--Charitable Lead Unitrust
CMA--Certified Management Accountant
CMA--Comparative market analysis
CMBS--Commercial mortgage-backed securities
CME--Chicago Mercantile Exchange
CMO--Collateralized mortgage obligation
CMO--Chief marketing officer
CMS--Content management system
CMSA--Consolidated metropolitan statistical area
CMT--Constant maturity Treasury securities
CNC--Currently not collectible
CNF--Cost, not freight
CO--Certificate of Occupancy
COB--Close of business
COC--Certificate of Completion
COCA--Cost of capital allowance
COD--Cash on delivery
COD--Cancellation of debt (income)
CODI--Cancellation of debt income
CODA--Cash or deferred arrangement (e.g., 401(k) plan)
COFI--Cost of funds index
COGS--Cost of goods sold
COI--Cost of insurance
COLA--Cost of living adjustment
COLI--Cost of Living Index
COO--Chief operating officer
CORTS--Corporate-backed trust securities
COS--Cost of sales
COSO--Committee of Sponsoring Organizations
COST--Council on State Taxation
CP--Commercial paper
CPA--Certified public accountant
CPCU--Chartered property and casualty underwriter
CPDO--Constant proportion debt obligation
CPE--Continuing professional education
CPFFC--Cost-plus-fixed-fee contract
CPI--Consumer price index
CPI-U--Consumer Price Index for All Urban Consumers
CPI-W--Consumer Price Index for Urban Wage Earners and Clerical Workers
CPK--Cost per keyword
CPLTD--Current portion of long-term debt
CPM--Cost per thousand (sometimes customer profitability management)
CPM--Corporate performance management
CPM--Certified Property Manager
CPM--Critical Path Method
CPM--Cost per mile
CPO--Cost per order
CPP--Capital purchase program
CPSC--Consumer Products Safety Commission
CR--Continuing resolution
CRA--Credit rating agency
CRAT--Charitable Remainder Annuity Trust
CRE--Commercial real estate
CRFB--Committe for Responsible Federal Budget
CRM--Customer Relationship Management
CRNLD--Cost of reproduction new less depreciation
CRO--Chief restructing officer
CRO--Chief risk officer
CROCI--Cash return on cash invested
CRPC--Chartered Retirement Planning Counselor
CRS--Congressional Research Service
CRSR--Congressional Research Service Report
CRT--Charitable Remainder Trust
CRUT--Charitable Remainder Unitrust
CSA--Capital support agreement
CSA--Cost sharing arrangement
CSI--Commissioners Standard Industrial Mortality Table
CSO--Commissioners Standard Ordinary Mortality Table
CSPN--College Savings Plan Network
CSR--Customer service representative
CSR--Corporate social responsibilty
CSRS--Civil Service Retirement System
CSV--Cash surrender value
CSVLI--Cash surrender value life insurance
CTA--Corporate Transparency Act
CTFA--Certified trust & financial advisor
CTJ--Citizens for Tax Justice
C-TPAT--Customs-Trade Industry Against Terrorism
CTR--Currency transaction report
CTV--Capital timber value
Cum--Cumulative
Cum Div--Cumulative dividend
Cum Pfd--Cumulative preferred
CUNA--Credit Union National Assocation
CUSIP--Committee on Uniform Securities Identification Procedures
CVLI--Cash value life insurance
CVP--Cost volume profit
CY--Calendar year
D&B--Dun and Bradstreet
DAC--Delivery against cost
DAF--Donor advised fund
DAN--Depositor account number
DAPT--Domestic asset protection trust
DAS--dynamic audit aolution
DB--Defined benefit plan
DBA--Doing business as
DBB--Design-bid-build
DBO--Death benefit only
DBO--Disability Buy Out
DBT--Days beyond terms
DC--Defined contribution plan
DC--Deep discount issue
DCAP--Dependent care assistance plan
DCF--Discounted cash flow
DCP--Defined contribution plan
DCR--Debt coverage ratio
DDA--Direct deposit account
DDB--Double declining balance
DDB--Deemed death benefit
DDSN--Demand-driven supply networks
DDU--Destination Delivery Units
DEC--Deductible voluntary employee contributions
DEI--Diversity, equity, inclusion
Depr.--Depreciation
DeFi--Decentralized finance
DFAS--Defense Financial Accounting Service
DFBM--Discounted future benefits method
DFI--Derivative financial instrument
DFL--Degree of financial leverage
DI--Disability insurance
DI--Debt instrument
DI--Derivative instrument
DIA--Deferred income annuity
DIC--Document identifier code
DIH--Days Inventory Held
DII--Days in Inventory
DIO--Days inventory outstanding
DIP--Debtor-in-possession
DIT--Deposit(s) in transit
D/L--Demand loan
DM--Direct mail
DMA--Designated Market Area
DMAIC--Define, measure, analyze, improve, control
DNAMTI--Distributable net alternative minimum taxable income
D/N--Demand note
D/O--Delivery order
DOC--Drive other car insurance
DOC--U.S. Department of Commerce
DOE--U.S. Department of Energy
DOH--Days inventory On Hand
DOJ--Department of Justice
DOL--Department of Labor
DOL--Degree of operating leverage
DOM--Distributed order management
DOT--Department of Transportation
DPGA--Deferred payment gift annuity
DPO--Days payables outstanding
DPP--Deferred payment plan; direct participation program
DPR--Daily periodic rate
DPSP--Deferred profit-sharing plan
Dr.--Debit, also debtor, drawer
DR--Direct response (advertising)
DRC--Deficit reduction contribution
DRC--Deferred retirement credits
DRIP--Dividend reinvestment plan
DRO--Domestic relations order
DRO--Deficit capital account restoration obligation
DRP--Distribution requirements planning
DRTV--Direct response television
DSA--Disaster Debt Set-Aside Program
DSO--Days sales outstanding
DST--Delaware stautory trust
DTA--Deferred tax assets
DTCC--Depository Trust & Clearing Corp.
DTL--Deferred tax liability
DUA--Disaster Unemployment Assistance
DUNS--Data Universal Numbering System
DUS--Dollar unit sampling
DVA--Debt value adjustment
DVP--Delivery versus payment
DWC--Days working capital
E&P--Earnings and profits
EA--Enrolled Agent
EAP--Employee assistance plan (program)
EAR--Export Administration Regulations
EAT--Exchange accommodation titleholder
EBITDA--Earnings before interest taxes depreciation amortization
EBITDDA--Earnings before interest, taxes, depreciation, depletion and amortization
EBO--Equity buy out
EBP--Employee benefits plan
EBRI--Employee Benefit Research Institute
EBSA--Employee Benefits Security Administration
ECAB--Employees' Compensation Appeals Board
ECB--European Central Bank
ECF--Extended care facility
ECM--Excess cash margin
ECM--Enterprise content management
ECN--Electronic communications network
ECOA--E-mail change of address
ECP--Emergency Conservation Program
EDA--Economic Development Administration
EDGAR--Electronic Data Gathering, Analysis, and Retrieval (system)
EDI--Electronic data interchange
EDWOSB--Economically disadvantaged woman-owned business
EECB--Executive e-mail carpet bomb
EEOC--Equal Employment Opportunity Commission
EFAST--ERISA Filing Acceptance System (also EFAST2)
EFT--Electronic funds transfer
EFW--Electronic funds withdrawal
EGI--Effective gross income
EGM--Extraordinary general meeting
EHLP--Emergency Homeowners Loan Program
EIA--Equity indexed annuity
EIC--Earned income credit
EITC--Earned income tax credit (same as EIC, above)
EIN--Employer identification number
EIS--Environmental impact statement
ELI--Equity linked investments
ELP--Electing large partnership
EM--Emergency Loan Program
EMA--Expense management automation
EMA--Exponential moving average
EMIF--Emerging Issues Task Force
EMV--Europay, Master Card and Visa
EO--Executive Order
EOE--Equal opportunity employer
EOLI--Employer owned life insurance
EOM--End of month
EOQ--Economic order quantity
EOY--End of year
EP--Earned premium
EPF--Electronic payment facilitator
EPCM--Exempt-contract, percentage-of-completion method
EPLI--Employee practices liability insurance
EPS--Earnings per share
ERISA--Employee Retirement Income Security Act of 1974
ERM--Enterprise resource management
ERM--Enterprise risk management
ERP--Enterprise resource planning
ERP--Estimated retail price
ERS--Economic Research Service
ERV--Estimated rental value
ESA--Coverdell education savings account
ESG--Environmental, social and corporate goverance
ESI--Electronically stored information
ESO--Employee stock option
ESOP--Employee stock ownership plan
ESOT--Employee stock ownership trust
ESRP--Employer shared responsibility payment
ETA--Department of Labor's Employment and Training Administration
ETF--Exchange traded fund
ETN--Exchange traded notes
ETR--Effective tax rate
EURIBOR--Euro Interbank Offered Rates
EV--Enterprise value
FABS--Financial and business solutions
FACT--Financial Accountability and Corporate Transparency (Coalition
FAK--Freight all kinds
FAR--Floor area ratio
FAR--Federal Acquisition Regulation
FAS--Free alongside ship
FASAB--Federal Accounting Standards Advisory Board
FASAC--Financial Accounting Standards Advisory Council
FASB--Financial Accounting Standards Board
FASIT--Financial asset securitization investment trusts
FATF--Financail Action Task Force
FBAR--Foreign Bank & Financial Account (report)
F/B/O--For benefit of
F&C--Free and clear
FCA--Farm Credit Administration
FCF--Free cash flow
FCFE--Free cash flow to equity
FCIC--Financial Crisis Inquiry Commission
FDCPA--Fair Debt Collection Practices Act
FDIC--Federal Deposit Insurance Corporation
FEI--Financial Executives Institute
FEMA--Federal Emergency Management Agency
FERC--Federal Energy Regulatory Commission
FERS--Federal Employees' Retirement System
F&FFurniture and fixtures
FF&E--Furniture, fixtures and equipment
FFEL--Federal Family Education Loan
FFIEC--Federal Financial Institutions Examination Council
FFO-Funds from operations
FHA--Federal Housing Administration
FHLB--Federal Home Loan Bank
FHLMC--Federal Home Loan Mortgage Corporation
FIA--Federal Insurance Administration
FIFO--First in, first out
FinCEN--Financial Crimes Enforcement Network
Finra--Financial Industry Regulatory Authority
FIRPTA--Foreign Investment in Real Property Tax Act
FISMA--Federal Information Security Management Act
FIT--Financial institutions tax
FITW--Federal income tax withholding (sometimes FIT)
f/k/a--Formally known as
FLP--Family Limited Partnership
FLRAFederal Labor Relations Authority
FLSA--Fair Labor Standards Act
FMC--Federal Maritime Commission
FMCS--Federal Mediation and Conciliation Service
FMHA--Farmer's Home Administration
FMLA--Family and Medical Leave Act
FMOC--Federal Open Market Committee
FMR--Fair market rent
FMRR--Financial management rate of return
FMS--Financial Management Service
FMV--Fair market value
FNA--Financial needs analysis
FNMA--Federal National Mortgage Association
FO--Foreign to occupation
FOB--Free on board
FOF--Fund of fund
FOIA--Freedome of Information Act
FOK--Fill-or-kill order
FOMC--Federal Open Market Committee
FP&A--Financial planning and analysis
FPL--Federal Poverty Level (also Line)
FPM--Flexible payment mortgage
FR--Federal register
FRA--Full retirement age
FRB--Federal Reserve Board
FRF--Financial Reporting Framework
FRLO--Fixed Rate Loan Option
FRM--Fixed rate mortgage
FRN--Floating rate notes
FRS--Federal Reserve System
FRV--Fair rental value
FS--Financial statement; Forest Service
FSA--Flexible spending arrangement; Farm Service Agency; Office of Federal Student Aid
FSI--Free standing insert
FSLIC--Federal Savings and Loan Insurance Corporation
FSP--FASB Staff Position
FSR--Financial strength rating
FTC--Federal Trade Commission
FTE--Full time employee
FUTA--Federal Unemployment Tax Act
FVO--Fair value option
FWT--Federal withholding tax
FY--Fiscal year
FYE--Fiscal year ended
GA--General agent
GAAP--Generally accepted accounting principles
GAP--Gross amount paid
GAO--General Accountability Office
GATT--General Agreement on Tariffs and Trade
GAW--Guaranteed annual wage
GCT--General corporation tax
GEM--Growing equity mortgage
GFD--Good faith deposit
GFE--Good faith estimate
GIC--Guaranteed investment contract
GIM--Gross income multiplier
GLA--Gross leaseable area
GMIB--Guaranteed minimum income benefit
GMP--Guaranteed maximum price
GMWB--Guaranteed minimum withdrawal benefit
GNMA--Government National Mortgage Association
GNP--Gross National Product
GOI--Gross operating income
GPI--Gross potential income
GPM--Graduated payment mortgage
GPO--Guaranteed purchase option; Government Printing Office
GPP--Gross profit percentage
GRAT--Grantor retained annuity trust
GRC--Goverance, risk and compliance
GRIT--Grantor retained income trust
GRUT--Grantor retained unitrust
GRM--Gross rent multiplier
GSA--General Services Administration
GSR--General securities representative
GST--Generation skipping transfer
GST--Goods and services tax
GTC--Good till canceled order
GTO--Geographic Targeting Orders
GUL--Group universal life insurance
GWAC--Government Wide Acquisition Contract
HAFA--Home Affordable Foreclosure Alternative program
HARP--Home Affordable Refinance Program
HC--Human capital
HCE--Highly compensated employee
HCM--Human capital management
HDAPT--Hybrid domestic asset protection trust
HECM--Home Equity Conversion Mortgage
HELOC--Home equity line of credit
HFA--Housing Finance Agency
HFI--Held for investiment
HFS--Hold for sale
HHS--Health and Human Services Department
HIBOR--Hong Kong Interbank Offered Rate
HMO--Health maintenance organization
HOW--Homeowner warranty plan
HQS--Housing Quality Standards
HR--Human resources
HRA--Health reimbursement arrangement
HRC--Historic rehabilitation credit
HTM--Hold-to-maturity
HUD--Department of Housing and Urban Development
HVAC--Heating, ventilation, and air conditioning
HVCC--Home Valuation Code of Conduct
HVCRE--High-volatility commercial real estate
I&A--Interest and amortization
IaaS--Infrastructure as a Service
IAF--Inflation adjustment factor
IAM--Identity and access management
IAP--Initial advance payment
IASA--Internation Air Shipper's Association
IASB--International Accounting Standards Board
IATA--International Air Transport Association
IBAN--International Bank Account Number
IBDOEI--Income before discontinued operations and extraordinary items
IBNR--Incurred but not reported
IBR--Income-based repayment
IBR--Incremental borrowing rate
IC--Internal control
ICE--Internal control evaluation
ICFR--Internal control over financial reporting
ICQ--Internal control questionnaire
ICM--Incentive compensation management
ICO--Initial coin offering
ICR--Income contingent repayment
IDA--Industrial development authority (also agency)
IDB--Industrial development bond
IDF--Insurance dedicated fund(s)
IDI--Individual disability insurance
IDIQ--Indefinite delivery indefinite quantity
IDIT--Intentionally defective irrevocable trust
IDR--Issuer default rating
IDR--Income driven repayment (plan)
IDS--Income deposit securities
IFR--Interim final rules (applies to various federal agencies)
IFRIC--International Financial Reporting Interpretations Committee
IFRS--International Financial Reporting Standard
IIA--Institute of Internal Auditors
ILC--Industrial loan company
ILIT--Irrevocable life insurance trust
IMA--Institute of Management Accountants
IMF--International Monetary Fund
IOLTA--Interest on lawyer's trust account
IP--Intellectual property
IPO--Initial public offering
IQPA--Independent qualified public accountant
IRA--Individual retirement arrangement
IRC--Internal Revenue Code
IRD--Income in respect of a decedent
IRMAA--Income Related Medicare Adjustment Amount
IRP--Industry risk premium
IRR--Internal rate of return
IS--Information systems
ISM--Institute for Supply Management
ISO--Incentive stock option
ISO--Independent sales organization
ISO/MSP--Independent sales organization/Member service provider
ITEP--Institute on Taxation and Economic Policy
ITF--In trust for
ITS--Intermarket trading system
ITSM--Information technology service management
IUL--Indexed universal life insurnace
IVR--Interactive voice response
J/E--Journal entry (also JE)
JEC--Joint Economic Committee
JCT--Joint Committee on Taxation
JIB--Joint interest billing
JOLTS--Job Openings & Labor Turnover Survey (also JOLT)
k/a--Known as
KYC--Know-your-customer
L/C--Letter of credit
L/V--Loan-to-value ratio
LBO--Leveraged buyout
LCL--Less than carload
LCM--Lower of cost or market
LIBOR--London interbank offering rate
LIFO--Last in, first out
LLC--Limited liability company
LLDIE--Limited life debt investment entity
LLET--Limited liability entity tax
LLP--Limited liability partnership
LLLP--Limited liability limited partnership
LLIC--Limited liability investment company
LLTC--Limited liability trust company
LM--Last month (also L/M)
LMI--Lender's mortage insurance
LMRA--Labor Management Relations Act
LOB--Line of balance
LOC--Library of Congress
LOC--Line of credit
LOI--Letter of intent
LPA--Licensed Public Accountant
LSE--London Stock Exchange
LT--Long term
LT--Lead time
LTC--Long-term care
LTCG--Long-term capital gain
LTD--Limited
LTD--Long-term disability
LTI--Long-term incentive
LTI--Lead time interval
LTL--Less than truckload
LTV--Loan to value ratio
LY--Last year (also L/Y)
LYON--Liquid yield option notes
MA--Moving average
M/M--Month-over-month
MACRS--Modified accelerated cost recovery system
MAD--Mean absolute deviation
MAGI--Modified adjusted gross income
MANOVA--Multivariate analysis of variance
MAS--Multiple award schedule
MBA--Mortgage Bankers Association
MBDA--Minority Business Development Agency
MBE--Minority Business Enterprise
MBE--Mortgage banking enterprise
MBS--Mortgage backed securities
MC--Market capitalization (cap)
MCC--Mortgage credit certificate
MCC--Merchant category codes
MDA--Multiple deliverable arrangement
MDF--Market development funds
MDIB--Minimum distribution incidental benefit
MEC--Modified endowment contract
MEC--Minimum essential coverage
MEWA--Multiple employer welfare arrangements
Mfst--Manifest
MGIC--Mortgage Guarantee Insurance Company
MI--Mortgage insurance
MIS--Management information system
MLD--Market-linked deposit
MLM--Multi-level marketing
MLP--Master limited partnership
MLP--Minimum lease payments
MLR--Medical loss ratio
MLS--Multiple listing service
MMC--Money market certificate of deposit
MMDA--Money market deposit account
MNE--Multinational enterprise
MOD--Manufacturing on demand
M.O.M.--Middle of the month
M-O-M--Month over month
MOTO--Mail order-telephone order
MPC--Marginal propensity to consume
MPS--Marginal propensity to save
MPT--Modern portfolio theory
MQT--Medicaid qualifying trust
MRO--Maintenance, repair, and overhaul
MRPS--Mandatorily redeemable preferred stock
MRQ--Most recent quarter
MRRA--Maintenance, repair, replacement or alteration
MSA--Metropolitan statistical area
MSB--Money service business
MSER--Multi-state Employer Registration
MSLP--Main Street Lending Program
MSRB--Municipal Securities Rulemaking Board
MSRP--Manufacturer's suggested retail price
MSP--Managed service provider
MTB--Motor transportation broker
MTBF--Mean time between failure
MTTR--Mean time to recovery (mean time to repair)
MTC--Multi-State Tax Commission
MUPLA--Model Uniform Products Liability Act
MVIC--Market value of invested capital
MW--Minimum weight
MWBE--Minority and/or women-owned business enterprise
NaaS--Network as a Service
NABA--National Association of Black Accountants
NABE--National Association for Business Economics
NACM--National Association of Credit Management
NAEA--National Association of Enrolled Agents
NAFEP--National Association of Financial and Estate Planning
NAHB--National Association of Homebuilders
NAIC--National Association of Insurance Commissioners
NAICS--North American Industry Classification System
NAM--National Association of Manufacturers
NAP--Noninsured Crop Disaster Assistance Program
NAPAT--National Association for Private Annuity Trusts
NAR--National Association of Realtors
NASBA--National Association of State Boards of Accountancy
NATP--National Association of Tax Professionals
NAV--Net asset value
NAVA--National Association for Variable Annuities
NAWBO--National Association of Women Business Owners
NBER--National Bureau of Economic Research
NBIA--National Business Incumbation Association
NCCUSL--National Conference of Commissioners on Uniform State Laws
NCF--Net cash flow
NCO--Net chargeoffs
NCUA--National Credit Union Administration
NCUSIF--National Credit Union Share Insurance Fund
NDA--Nondisclosure agreement
NDNH--National Directory New Hires
NEET--Not in employment, education or training
NFFE--Nonfinancial foreign entity
NFIB--National Federation of Independent Businesses
NFIP--National Flood Insurance Program
NFTC--National Foreign Trade Council, Inc.
NIBCL--Non-interest bearing current liabilities
NI&L--Name, image & likeness
NIM--Net interest margin
NIPA--National income and product accounts
NLRB--National Labor Relations Board
NMFC--National Motor Freight Classification
NNN--Triple net lease or net, net, net
NOC--Net operating capital
NOI--Net operating income
NOL--Net operating loss
NOLD--Net operating loss deduction
NOPAT--Net operating profit after taxes
NOW--Negotiable order of withdrawal
N/P--Note payable (also NP)
NPA--Nonperforming assets
NPC--Notional principal contract
NPL--Nonperforming loan
NPS--Net Promoter Score
NPV--Net present value
NPW--Net present worth
NQDC--Nonqualified deferred compensation
NQPS--Nonqualified preferred stock
NR--Not rated
NRA--Net rentable area
NRA--Normal retirement age
NRD--Normal retirement date
NRE--Net realizable equity
NRF--National Retail Federation
NRI--Net revenue interest
NRI--Net Rising Index
NRMLA--National Reverse Mortgage Lenders Association
NRV--Net recoverable value also net realizable value
NSA--National Society of Accountants
NSA--Not seasonally adjusted
NSBA--National Small Business Association
NSF--Not sufficient funds
NST--National sales tax
NSTP--National Society of Tax Professionals
NTFO--Nationwide Tax Forums Online
NTIS--National Technical Information Service
NTU--National Taxpayers Union
NUA--Net unrealized appreciation
NVCA--National Venture Captial Association
NYSE--New York Stock Exchange
O/S--Outstanding
OAR--Overall rate of return
OASDHI--Old Age, Survivors, Disability, and Health Insurance
OASDI--Old Age, Survivors, and Disability Insurance
OASI--Old Age Survivors Insurance
OCBOA--Other comprehensive basis of accounting
OCC--Office of the Comptroller of the Currency
OCF--Operating cash flow
OCP--Overland common point
OCR--Overall capitalization rate
ODCF--Owner's discretionary cash flow
ODF--Opendocument format
OS--Overhead expense
OECD--Organization for Economic Cooperation and Development
OEL--Offshore employee leasing
OER--Owner's equivalent rent
OIBITDA--Operating income before interest, taxes, depreciation, and amortization
OID--Original issue discount
OIS--Overnight Index Swaps
OJT--On-the-job training
OMB--Office of Management and Budget
OP--Order point
OR--Operations research
ORT--Oil royalty trust
O/S--Outstanding (e.g., checks, deposits)
OSBDU--Office of Small and Disadvantaged Business Utilization
OSDC--Over/Short/Damage/Claims
OSS--Open source software
OTB--Open to buy
OTR--Over the road
OTS--Order-to-shelf
OTS--Office of Thrift Supervision
OWBC--Office of Women's Business Ownership
P&I--Principle and interest payment
P&L--Profit and loss statement
PAM--Pledged account mortgage
PaaS--Platform as a service
PAT--Profit after tax
PAYE--Pay as you earn
P/B--Price to book ratio
PBA--Pending bank approval
PBGC--Pension Benefit Guarantee Corporation
PBM--Pharmacy benefits management
PCAOB--Public Company Accounting Oversight Board
PCC--Private Company Council
PCE--Personal consumption expenditure; personal consumption expenditure deflator
PCCM--Percentage-of-completion/capitalized cost method
P/CF--Price to cash flow ratio
PCDMF--Private Compnay Decision Making Framework
PCFRC--Private Company Financial Reporting Committee
PCM--Percentage-of-completion method
PCS--Post-contract customer support
PDM--Product data management
PE--Price-earnings ratio (also P/E)
PE--Private equity
PE--Pass-through entity (rare see PTE)
PEC--Potential earnings converted
PEG--Price/earnings to growth ratio
PEO--Professional employer organization
PEP--Personal exemption phaseout
PERAB--President's Economic Recovery Advisory Board
PERC--Premiums, earnings and reasonable charges
PERT--Program evaluation and review technique
PET--Privacy Enhancing Technology
Pfd--Preferred
PFS--Personal financial specialist
PFO--Principal financial officer
PGI--Potential gross income
PHC--Personal holding company
PHI--Protected health information
PI--Principal and interest (as in loan payment)
PIA--Primary insurance amount
PIK--Payment in kind
PILOT--Payment in lieu of taxes
PIM--Product information management
PIPE--Public investment in private equity
PIRG--Public interest research group
PITI--Principal, interest, taxes, and insurance
PJ--Purchases journal
PLM--Product life-cycle management
PL/PD--Personal liability/property damage
PLR--Private letter ruling
PMI--Private mortgage insurance
PMSA--Primary metropolitan statistical area
PO--Purchase order
POA--Power of attorney
p.o.c.--Paid outside of closing
POC--Proof of claim
POD--Payable on death
POD--Proof of delivery
POE--Point of entry
POP--Premium only plans
POP--Point-of-purchase
POQ--Periodic order quantity
POS--Point-of-sale
POS--Point of service (related to health care plans)
PPA--Paperwork Reduction Act
PPE--Property, plant and equipment
PPI--Producer price index
PPIP--Public Private Investment Program
PPO--Preferred provider organization
PRA--Paperwork Reduction Act of 1980
PRP--Preferred risk policy
PRP--Potentially responsible party
PSC--Personal service corporation
PSR--Presentence report
PTAC--Procurement Technical Assistance Centers
PTE--Pass-through entity
PTO--Paid time off
PTP--Publicly traded partnership
PUD--Planned unit development
PV--Present value
PVFC--Prepaid variable forward contract
PVGO--Present value of growth opportunities
PWBA--Pension and Welfare Benefits Administration
PY--Prior year
P&Z--Planning and zoning
Q--Quarter
QA--Quality assurance
QBU--Qualified business unit
QC--Quality control
QDRO--Qualified domestic relations order
QE--Quarter end (or ended)
QIE--Domestically controlled qualified investment entity
QJSA--Qualified joint and survivor annuity
QMAC--Qualified matching contributions
QMCSO--Qualified medical child support order
QNEC--Qualified nonelective contributions
QoS--Quality of service
QPRT--Qualified personal residence trust
QSF--Qualified settlement fund
QSPE--Qualified special purpose entity
QTD--Qualified total distribution
QTIP--Qualified terminable interest property
RAM--Reverse annuity mortgage
RAN--Revenue anticipation note
RAROC--Risk adjusted return on capital
RCE--Residual cash earnings
RCN--Replacement cost new
RCNLD--Replacement cost new less depreciation
RDC--Remote deposit capture
R/E--Real estate (also RE)
R/E--Retained earnings
REA--Return on assets
REC--Renewable Energy Certificates
Reg.--Regulation(s)
REHC--Real estate holding company
REIT--Real estate investment trust
RELP--Real estate limited partnership
REMIC--Real estate mortgage investment conduit
REO--Real estate owned
REPO--Repurchase agreement
RESPA--Real Estate Settlement Procedures Act
RET--Retirement earnings test
Rev. Rul.--Revenue ruling
Rev. Proc.--Revenue procedure
RFA--Regulatory Flexibility Act
RFB--Request for bid
RFI--Request for information
RFP--Request for proposal
RFPA--Right to Financial Privacy Act
RFQ--Request for quotation
RFID--Radio frequency identification (tag)
RFM--Rcency, Frequency, Monetary Analysis
RFP--Request for proposal
RFQ--Request for quotation
RI--Royalty interest
RIA--Registered investment advisor
RIC--Regulated investment company
RIF--Reduction in force
RIM--Retail inventory method
RLT--Revocable living trust
RMA--Return merchandise authorization
RMA--Restricted management account
RMBS--Residential mortgage backed securities
RMIT--Reverse mortgage investment trust
ROA--Return on assets
ROACE--Return on average capital employed
ROAE--Return on assets employed
ROC--Rate of change
ROCE--Return on capital employed
ROE--Return on equity
ROFR--Right of first refusal
ROG--Receipt of goods
ROGFA--Return on gross fixed assets
ROI--Return on investment
ROIC--Return on invested capital
RONA--Return on net assets
RO/RL--Rool on/roll off
ROS--Return on sales
ROTE--Return on tangible equity
ROU--Right of use
ROW--Right of way
RP--Repurchase agreement
RP--Replacement protection (income insurance)
RPA--Robotic Process Automation
RPO--Recruitment process outsourcing
RR--Revenue ruling
RRF--Restaurant Revitalization Fund
RRM--Renegotiated-rate mortgage
RSF--Rentable square feet
RSI--Relative strength indicator
RTN--Routing transit number
RULPA--Revised Uniform Limited Partnership Act
S&P--Standard & Poors
S&OP--Sales and Operations Planning
S&U--Sales and use (tax)
SA--Seasonally adjusted
SAAR--Seasonally adjusted annualized rate
SaaS--Software as a Service
SALY--Same as last year
SAM--Shared appreciation mortgage
SAMS--Systemic Advocacy Management System
SAR--Summary annual report
SAR--Stock appreciation right
SAR--Suspicious Activity Report
SARSEP--Salary reduction simplified employee pension plan
SAS--Statement on Auditing Standards
SBA--Small Business Administration
SBC--Summary of benefits and coverage
SBDC--Small Business Development Centers
SBIR--Small Business Innovation (and) Research (program)
SBLC--Small Business Legislative Council
SBLF--Small Business Lending Fund
SBLI--Savings bank life insurance
SBO--Small business owner
SBRB--Small Business Research Board
SBTR--Small Business Technology Transfer (program)
SCIN--Self-canceling installment note
SCM--Supply chain management
SCP--Self correction program
SCORE--Service Corps of Retired Executives
SD--Standard deviation
SDA--Self-directed brokerage account
SDB--Small disadvantaged business
SDCF--Seller's discretionary cash flow
SDR--Special drawing rights
SDVOB--Service-disabled veteran owned business
SEC--Securities and Exchange Commission
SECA--Self-Employment Contributions Act
SEM--Shared-equity mortgage
SEM--Search engine marketing
SEO--Search engine optimization
SEP--Simplified employee pension
SEPA--Single Euro Payments Area
SERP--Supplemental executive retirement plan
SERP--Supplement employee retirement plan
SERP--Systemwide Electronic Research Program
SESA--State Employment Security Agency
SFC--Senate Finance Committee
SFH--Single family home
SFO--Solicitatio for offers
SG&A--Selling, general, and administrative expenses
SGA--Substantial gainful activity
SGLI--Servicemembers' Group Life Insurance
SHOP--Small Business Health Options Program
SIC--Standard industrial clssification
SIFMA--Securities Industry and Financial Markets Association
SIR--Short interest ratio
SITW--State income tax withholding (sometimes SIT)
SIV--Structured Investment Vehicle
SIU--Stock incentive unit
SJ--Sales journal
SKU--Stock keeping unit
SLA--Share lending agreement
SLA--Supplemental lease agreement
SLA--Service level agreement
SLE--Single lease expense
SLFRF--State and Local Fiscal Recovery Funds Program
SLOB--Separate line of business
SMA--Separately managed account
SMA--Simple moving average
SMB--Small- to medium-sized business(es)
SME--Small- to medium-sized enterprises (entities)
SMI--Supplemental medical insurance
SMLLC--Single member limited liability company
SMSA--Standard metropolitan statistical area
SMP--Special multiperil policy
SMSA--Standard metropolitan statistical area
SNF--Skilled nursing facility
SNT--Supplemental needs trust
SOA--Service-oriented architecture
SOD--Service on demand
SOFR--Secured overnight financing rate
SOHO--Small office/home office
SOIR--Schaeffer Open Interest Ratio
SOL--Statute of limitations
SOX--Sarbanes-Oxley (Act)
SOYD--Sum-of-the-years'-digits
SPAC--Special-purpose acquisition company
SFCM--Single period capitalization model
SPD--Summary plan description
SPE--Special purpose entity
SPIA--Single premium immediate annuity
SPV--Special purpose vehicle
SRC--Small reporting company
SRPM--Stated redemption price at maturity
SRM--Supplier relationship management
SRO--Self-regulatory organization
SS--Safety stock
SSA--Social Security Administration
SSARS--Statement on Standards for Accounting and Review Services
SSBCI--State Small Business Credit Initiative
SSBIC--Specialized small business investment company
SSD--Social Security disability
SSD--Solid-state drive
SSDI--Social Security disability insurance
SSI--Supplemental security income
SSNVS--Social Security Number Verification System
SSOP--Second surgical opinion program
SST--Streamline Sales and Use Tax Agreement
SSTP--Streamlined Sales Tax Project
SSUTA--Streamlined Sales and Use Tax Agreement
SSVS--Standards for Valuation Services
ST--Short term
STCG--Short-term capital gain
STD--Short-term disability
STOLI--Stranger-originated or stranger-owner life insurance
SUB--Supplemental unemployment benefit
SUTA--State unemployment tax act
SV--Salvage value
SWA--State Workforce Agencies
SWOT--Strengths, weaknesses, opportunities, and threats
SWT--State witholding tax
SYD--Sum-of-the-years-digits
T&E--Travel and entertainment
TAA--Trade Adjustment Act
TAA--Trade adjustment assistance
TAB--Tax anticipation bill
TALF--Term Asset-Backed Securities Loan Facility
TAM--Technical advice memorandum
TAN--Tax anticipation note
TARP--Troubled Assets Relief Program
TAT--Total asset turnover
T/B--Trial balance (also TB)
TBC--To be contested
TBD--To be determined
TCE--Tangible common equity
TCO--Total cost of ownership
TCOR--Total cost of risk management
TCOE--Total cost of equity
TDA--Tax deferred annuity
TDB--Temporary disability benefits
TDC--Total direct compensation
TDI--Temporary disability insurance
TDR--Troubled debt restructurings
TEA--Technology-enabled auditing
TIC--Tenant in common
TIF--Tax increment financing
TILA--Truth in Lending Act
TIN--Taxpayer identification number
TIPS--Treasury Inflation-Indexed Securities (often called Treasury Inflation Protected Securities)
TL--Truckload
TOD--Transfer on death
TOE--Time is of the essence
TOFC--Trailer on flat car (piggyback)
TP--Target price
TPA--Third-party administrator
TPA--Technical Practice Aide (AICPA pronouncement)
TPD--Third-party designee
TPS--Transaction processing services
TPSO--Third party settlement organization
TRO--Temporary restraining order
TRUPS--Trust preferred securities
TSA--Tax-sheltered annuity
TSP--Thrift Savings Plan
TSR--Total shareholder return
TTM--Trailing twelve months
TVM--Time value of money
U/A/D--Under Agreement Dated
UA--Under agreement
UB--Unsafe building
UBTI--Unrelated business taxable income
UC--Unemployment compensation
UCC--Uniform commercial code
UCR--Usual, customary, and reasonable
UDITPA--Uniform Division of Income for Tax Purposes Act
UDR--Unused development rights
UGMA--Uniform Gifts to Minors Act
UFTA--Uniform Fraudulent Transfer Act
UI--Unemployment insurance
UIM--Underinsured motorist
UL--Universal life
ULC--Uniform Law Commission
ULPA--Uniform Limited Partnership Act
UM--Uninsured motorist
UPE--Unreimbursed partnership expenses
URLA--Uniform residential loan application
USCIS--U.S. Citizenship and Immigration Service
USD--U.S. dollars
USF--Usable square feet
USOA--Uniform system of accounts
USPAP--Uniform Standards of Professional Appraisal Practice
USPTO--U.S. Patent and Trademark Office
USRPHC--U.S. real property hodling corporation
USRPI--U.S. real property interest
UTC--Uniform Trust Code
UTD--Under trust dated (also U/T/D)
UTMA--Uniform Transfer to Minors Act
Under will of (also U/W/O)
VA--Variable annuity
VAT--Value-added tax
VBOP--Veterans Business Outreach Program
VC--Venture capital
VCL--Vacancy and collection losses
VEBA--Voluntary employee's beneficiary association
VIE--Variable interest entity
VLI--Variable life insurance
VOB--Veteran-owned business
VOCC--Vessel operating common carrier
VPFC--Variable prepaid forward contract
VRM--Variable rate mortgage
VRP--Variable rate premium
VSOE--Vendor-specific objective evidence
VUL--Variable universal life
VWAP--Volume-weighted average price
WBC--Women's Business Centers (SBA)
W-A--Weighted average
WARM--weighted-average remaining maturity
WARN--Worker Adjustment and Retraining Notification Act
W&M--House Ways and Means Committee
WACC--Weighted average cost of capital
WC--Workers' compensation
WCC--Working capital cycle
W/C--Working capital (also workers' compensation)
WDA--Wholesale deposit account
WFH--Work from home
WI--Working interest
WIP--Work in process
WMS--Warehouse management systems
WOSB--Woman-owned small business
WPI--Wholesale price index
WT--Warrant
XBRL--eXtensible Business Reporting Language
Y/Y--Year-over-year
YOY--Year-over-year (also Y-O-Y)
YRT--Yearly renewable term
YSP--Yield-spread premium
YTD--Year-to-date
YTM--Yield to maturity
ZBB--Zero-based budgeting
ZEBRA--Zero-balance reimbursement account
Special IRS and Tax Abbreviations
A--Individual
AAA--Accumulated adjustments account
AAGR--Average annual gross receipts
AAR--Administrative adjustment request
AAR--Appeals account resolution (specialist)
ACE--Adjusted current earnings
ACP--Actual contribution percentage
Acq.--Acquiescence
ACS--Automated collection sites
ACT--Advisory Committee on Tax Exempt and Government Entities
ACTC--Additional child tax credit
ADADP--Aggregate deemed asset disposition price
ADIT--Accumulated deferred income tax
ADP--Actual deferral percentage
ADR--Average deferral ratio
ADS--Alternative depreciation system
AEI--Assistance-eligible individual
AET--Asset/Equity table
AEIC--Advanced earned income credit
AFR--Applicable Federal Rate
AFIR--Applicable Federal Interest Rate
AFS--Applicable financial statement(s)
AFSP--Annual Filing Season Program (also Participant)
AFTAP--Adjusted funding target attainment percentage
AGEE--Adjusted qualified educational expenses
AGI--Adjusted gross income
AGUB--Adjusted grossed-up basis
AHYDO--Applicable high-yield debt obligation
AIMS--Audit Information Management System
AIRC--Alternative incremental research credit
AIS--Automated Insolvency System
AJAC--Appeals Judicial Approach Culture
ALE--Applicable large employer
ALE--Allowable living expenses
ALJ--Administrative law judge
AMID--Allowable miscellaneous itemized deductions
AMP--Accounts Management Program
AMS--Account Management Services
AMT--Alternative minimum tax
AMTAP--Accounts Management Taxpayer Assurance Program
AMTFTC--Alternative minimum tax foreign tax credit
AMTI--Alternative minimum taxable income
Ann--Announcement
ANMF--Automated Non-Master File
ANPRM--Advance notice of proposed rule making
AO--Appeals Officer
AO--Account owner
AOD--Action on decision
AOIC--Automated Offer in Compromise
AOTC--American Opportunity Tax Credit
APA--Advanced Pricing Agreement
APA--Administrative Procedure Act
API--Applicable partnership interest
APMA--Advance Pricing and Mutual Agreement Program
APP--Actual preproductive period
APT--Advance payment transactions
APTC--Advance premium tax credit
AQEE--Adjusted qualified education expenses
ARI--Appeals referral investigator
ASC--Alternative simplified credit (research and experimental)
ASG--Affiliated service group
ASED--Assessment stuatutory expiration date
ASFR--Automated Substitute for Return
ASG--Appeals settlement guidelines
ATA--Abusive tax avoidance
ATAA--Alternative trade adjustment assistance
ATAT--Abusive tax avoidance transaction
ATB--Active trade or business
ATB--Applicable trade or business
ATCL--Appeals Team Case Leader
ATI--Adjusted taxable income
ATIN--Adoption taxpayer identification number
ATIP--Attributed Tip Income Program
ATS--Assurance Testing System
AUR--Automated Underreporter (Program)
AUSA--Assistant U.S. Attorney
B--Individual
BAH--Basic allowance for housing
BAP--Business allocation percentage
BDA--Bank deposits analysis
BDT--Beneficiary defective trust
BDiT--Beneficiary defective irrevocable trust
BE--Beneficiary
BEA--Basic exclusion amount
BEAT--Base-erosion and anti-abuse tax
BEC--Business email compromise
BEPS--Base erosion and profit shifting
BES--Business email spoofing
BLIPS--Bond linked issue premium structure
BICG--Built-in capital gain
BMF--Business master file
BPR--Business Performance Review
B.T.A.--Board of Tax Appeals
BSM--Business Systems Modernization
BSO--Business services online
BUW--Backup withholding
BWH--Backup withholding
CA&IC--Competent Authority and International Coordination
CAA--Certified Acceptance Agent
CAA--Covered asset acquisition
CADE--Customer Account Data Engine
CAF--Centralized Authorization File
CAM--Change in accounting method
CAMT--Corporate alternative minimum tax
CAP--Closing agreement program
CAP--Compliance Assurance Process
CAP--Compliance Assurance Program
CAP--Collection Appeals Program
CAWR--Combined Annual Wage Reporting
C.B.--Cumulative Bulletin
CB--Carryback (also C/B)
CBAF--Commercial bank address file
CbC--Country-by-country
CBRS--Currency and Banking Retrieval System
CC--Chief Counsel
CCA--Chief Counsel's Advice
CCC--Customer contact center
CDE--Community development equity
CCDM--Chief Counsel Directive Manual
CCISO--Cincinnati Centralized Innocent Spouse Operation
CCM--Completed contract method
CCNIP--Case Creation Nonfiler Identification Process
CCR--Comprehensive case resolution
CD--Court Decision
CDCTC--Child and dependent care tax credit
CDE--Community Development Entities
CDFI--Community Development Financial Institution
CDO--Commissioner's Delegation Order
CDP--Collection Due Process
CDPH--Collection Due Process Hearing
CDW--Compliance data warehouse
CEAP--Correspondence Examination Assessment Project
CEP--Coordinated Examination Program
CERIL--Corporate equity reduction interest loss
CERT--Corporate equity reduction transaction
CESA--Coverdell education savings account
CF--Carryforward (also C/F)
CFC--Controlled foreign corporation
CFC--Court of Federal Claims
CFf--Collection Field function
CFR--Code of Federal Regulations
CFTE--Creditable foreign tax expenditure
CGA--Charitable gift annuity
CHC--Closely held corporation
CHIP--Children's Health Insurance Program
CI--City
CI--Criminal investigation
CIB--Cash intensive business
CIC--Coordinated industry case (program)
CID--Criminal Investigation Division
CIECos--Clean energy coal bonds
CIMIS--Criminal Investigation Management Information System
CIP--Coordinated issue paper
CIP--Compliance initiative project
C.I.R.--Commissioner Internal Revenue
CIS--Collection information statement (Form 433-A)
CIS--Computer Investigative Specialist
CIT--Corporate income tax
CIU--Criminal Investigation Unit
CLADR--Class life asset depreciation range
CLT--Charitable lead trust
CLAT--Charitable lead annuity trust
CLUT--Charitable lead unitrust
CNC--Currently not collectible
CNOL--Consolidated net operating loss
COBE--Continuity of business enterprise
COD--Cancellation of debt income
COFL--Consolidated overall foreign loss
COI--Continuity of (proprietary) interest
COI--Cancellation of indebtedness income
COINS--Currency Option Investment Strategy
COICU--Centralized Offer-in-Compromise Unit (also COIC)
COLI--Company owned life insurance
CONOPS--New concept of operations
CONUS--Continental United States
CP--Common parent
CPEO--Certified professional employer organization
CPM--Compliance and Program Management
CPM--Comparable profits method
CRD--Correspondence received date
CRD--Commercial revitalization deduction
CREB--Clean renewable energy bonds
CRP--Conservation reserve program
CRS--Congressional Research Service
CRSR--Congressional Research Service Report
CRT--Charitable remainder trust
CSA--Cost sharing arrangement
CSCO--Compliance Services Collection Operations
CSED--Collection statute expiration date
CSLL--Consolidated separate loss limitation
CSM--Counsel Settlement Memorandum
CSO--Customer Service Operations
CSP--Classification Settlement Program
CST--Cost sharing transaction
CTC--Child tax credit
CTI--Combined taxable income (also consolidated taxable income)
CTL--Consolidated tax liability
CTR--Currency transaction report
Ct.D.--Court Decision
CUSP--Comparable uncontrolled services price
CUT--Comparable uncontrolled transaction
CVAT--Cash value accumulation test
CVC--Clean vehicle credit
CWA--Central Withholding Agreement
CWA--Contemporaneous written acknowledgment
CWI--Commensurate with income
CY--County
CY--Calendar year
CYBA--Calendar years beginning after
D--Decedent
DA--Disclosure authorization
DAD--Distressed asset/debt
DAF--Donor advised fund
DAPT--Domestic asset protection trust
DAT--Distressed Asset Trust
DATC--Doubt as to collectibility
DATL--Doubt as to liability
DASTM--Dollar approximate separate transactions method
DB--Designated beneficiary
DC--Dummy corporation
DC--District Counsel of IRS
DCAP--Dependent care assistance program
DCE--Detection controlled estimation
DCE--Deferred compensation expense
DCL--Dual consolidated losses
DCN--Document confirmation number
DDA--Decedents dying after
DDI--Disqualified debt instrument
DDIA--Direct Debit Installment Agreement
DDLT--Demand during lead time
DDLT--Due date lead time
DDV--Due diligence visit
DE--Donee
DE--Domestic entity
DE--Disregarded entity
DEOE--Director of Exempt Organizations, Examinations
Del. Order--Delegation order
DFC--Deferred compensation plan
DFE--Direct filing entities
DFIC--Deferred foreign income corporation
DFO--Director of Field Operations
DIF--Discriminant function
DING--Delaware incomplete nongrantor trust
DISC--Domestic International Sales Corporation
DIV--Dividend
DLN--Document locator number
DM--Debit memo
DMF--Debtor master file
DMF--Death master file
DNI--Distributable net income
DO--Delegation Order
DOD--Date of death
DOE--Date of enactment
DOI--Discharge of indebtedness income
DPAD--Domestic production activities deduction
DPC--Direct payment code
DPGR--Domestic production gross receipts
DR--Donor
DRD--Dividends received deduction
DRD--Deduction in respect of decedent
DRE--Disregarded entity
DRO--Deficit restoration obligation
DRO--Domestic relations order
DRRH--Delinquent return refund hold
DRT--Data retrieval tool
DSL--Dynamic Selection List
DSUE--Deceased spouse unused exclusion
DVEC--Deductible voluntary employee contributions
E--Estate
EACA--eligible automatic contribution arrangement
EADIT--Excess accumulated deferred income taxes
EAG--Expanded affiliated group
EAP--Employee-assistance program
EAR--Electronic account resolution
EAT--Exchange accommodation title holder
EBE--Employee business expenses
EBHRA--Excepted Benefit Health Reimbursement Arrangement
EBL--Excess business loss
ECCFR--Employer-provided child care facility credit
ECEP--Effectively connected earnings and profits
ECI--Effectively connected income
ECN--Exemption certificate number
ECTI--Effectively connected taxable income
ED--Excess distribution
EDPA--Entire disposition of passive activity
EE--Employee
EECB--Energy efficient commercial building
EFDS--Electronic Fraud Detection System
EFIN--Electronic Filer (Filing) Identification Number
EFTPS--Electronic Federal Tax Payment System
EFW--Electronic funds withdrawal
EH--Equivalent hearing
EHB--Essential health benefit
EHP--Expatriate health plan
EIA--Expenses incurred after
EIP--Electing investment partnership
EIP--Economic Impact Payment
ELI--Equity linked investment
EMA--Equipment maintenance allowance
EmTRAC--Employer-designed tip reporting alterative commitment
EMTR--Effective marginal tax rate
EMS--Electronic Management System
ENI--Entire net income
EO--Exempt organization
E.O.--Executive Order
EOAD--Examination Operational Automation Database
EOCA--Exempt Organizations Compliance Area
EOR--Enhanced oil recovery
EOVCP--Exempt Organizations Voluntary Compliance Program
EP--Employee plans
EPF--Electronic Payment Facilitator
EPP--Excess parachute payments
EPTA--Employee plans team audit
EPCM--Exempt contract percentage of completion method
EPCRS--Employee Plans Compliance Resolution System
EPD--Exchange Periodic Data
EQRS--Embedded Quality Review System
ER--Employer
ERC--Employee retention credit
ERD--Eligible rollover distribution
ERISA--Employee Retirement Income Security Act
ERIS--Enforcement Revenue Information System
ERO--Electronic return originator
EROL--Economic risk of loss
ERPA--Enrolled Retirement Plan Agent
ERS--Error resolution system
ERTC--Employee retention tax credit (see also ERC)
ES&TG--Examination Specialization & Technical Guidance
ESA--Education savings account (Coverdell)
ESB--Education savings bond
ESBT--Electing small business trust
ESE--Eligible small employer
ESD--Economic substance doctrine
ESI--Electronically stored information
ESOP--Employee stock ownership plan
ESOT--Employee stock ownership trust
ESPP--Employee stock purchase plan
ESR--Employer shared responsibility (payment)
ESRP--Employer shared responsibility provision
ETA--Effective tax administration
ETAAC--Electronic Tax Administration Advisory Committee
ETI--Extraterritorial income
ETIP--Estate tax inclusion period
ETSC--Eligible terminated S corporation
EUSS--IRS End User Systems and Services
EWA--Extended warranty agreements
EX--Executor
F--Fiduciary
FAA--Field attorney advice
FATP--Federally authorized tax practitioner
FAVR--Fixed and variable rate
FBAR--Foreign bank and financial accounts
FBCSI--Foreign base company sales income
FC--Foreign corporation
FCD--Functional Cost Diagnostic
FCDC--Foreign controlled domestic corporation
FDAP--Fixed or determinable annual or periodic (income, gains)
FDE--Foreign disregarded entity
FDII--Foreign derived intangible income
FDL--Favorable determination letter
FDR--Formal document request
FEIE--Foreign earned income exclusion
FFI--Free File, Inc.
FFI--Foreign financial institution
FFA--Foreign financial account
FICA--Federal Insurance Contributions Act
FIRE--Filing information returns electronically
FIS--Foreign information system
FISC--Foreign International Sales Company
FITPP--Fractional interest tangible personal property
FIV--Future income value
FLC--Farm labor contractor
FLEP--Forest Land Enhancement Program
FNI--Future net income
FNIL--Final Notice of Intent to Levy and Notice of Your Right to a Hearing
FO--Field operations
FOGEI--Foreign oil and gas extraction income
FOIA--Freedom of Information Act
FORI--Foreign oil related income
FPA--Former passive activity
FPAA--Final partnership administrative adjustment
FPH--Foreign personal holding company (also FPHC)
FPHCI--Foreign personal holding company income
FPL--Federal poverty level
FPLP--Federal Payment Levy Program
F.R.--Federal Register (also FR)
FRP--Frivolous return program
FRCP--Federal Rules of Civil Practice
FS--Fact sheet
FSA--Field service advice memoranda
FSAT--Financial status audit techniques
FSC--Foreign Sales Corporation
FSLG--Federal, state and local government
FSO--First service organization
FTA--Federal Tax Application
FTA--First-time penalty abatement
FTAs--Fraud technical advisers
FTAP--Funding target attainment percentage
FTCP--Fair Tax Collection Practices
FTD--Federal tax deposit
FTD--Failure to deposit (penalty)
FTF--Failure to file
FTHBC--First time homebuyer credit
FTI--Federal taxable income
FTM--Fast track mediation
FTMC--Fast Track Mediation Collection
FTP--Federal tax payment
FTP--Failure to pay
FTS--Fast Track Settlement
FUTA--Federal Unemployment Tax Act
FV--Field visit
FX--Foreign Corporation
FYE--Fiscal year end
GAA--General asset accounts
GAR--Group annuity reserve table
G.C.M.--Chief Counsel's Memorandum
GDS--General depreciation system
GE--Grantee
G&G--Geological and geophysical expenditures
GHW--Global high wealth
GHWI--Global High Wealth Industry (Group)
GILTI--Global intangible low-taxed income
GITCA--Gaming Industry Tip Compliance Agreement Program
GLA--Generic legal advice memoranda
GMA--Gifts made after
GOZ--Gulf Opportunity Zone (also GO zone)
GP--General Partner
GPOA--General power of attorney
GR--Grantor
GRA--Gain recognition agreement
GRT--Gross receipts test
GSTT--Generation skipping transfer tax
HAR--Historic absorption ratio
HAMP--Home Affordable Modification Program
HCE--Highly compensated employee
HCTC--Health coverage tax credit
HDD--Horizontal double dummy
HDHP--High-deductible health plan
HEET--Health and Education Exclusion Trust
HiDeF--High income delinquent filer
HIHW--High-income high-wealthHINF--High-income nonfiler
HINT--High-income, nontaxable (return)
HIRIF--Health Insurance Reform Implementation Fund
HITCA--Health insurance tax credit administration
HOH--Head of household (also HH)
HRA--Health reimbursement arrangement
HSA--Health Savings Account
HTF--Highway Trust Fund
HY--Half year
IA--Intercompany account
IA--Installment agreement
IAC--Ineffective assistance of counsel
iBOB--Installment sale bogus optional basis transaction
IBS--Individual benefit statement
IBTF--In-Business Trust Fund (Express Agreement)
IBOR--Interbank offered rate
IC--Insurance Company
IC--Industry case
ICCE--Integrated customer communication environment
ICD--Interface Control Document
ICD--Intercompany dividends
ICHRA--Individual Health Coverage Health Reimbursement Arrangement
ICR--Investment credit
IDC--Intangbile drilling costs
IDC--Intangible development costs
IDD--Industry director directive
IDES--International Data Exchange Service
IDGT--Intentionally defective grantor trust
IDIT--Intentionally defective irrevocable trust
IDR--Information Document Request
IDRS--Integrated data retrieval system
IDTVA--Identity theft victim's assistance
IECR--Indian employment credit
IET--Income/Expense table
IGM--Interim guidance memo
IIF--Industry issue focus
IIR--Industry Issue Resolution program
ILIT--Irrevocable life insurance trust
ILM--Internal Legal Memoranda
IMF--Individual master file
IMF MCC--Individual Master File-Martinsburg Computing Center
IMRS--Issue Management Resolution System
IMT--Issue management team
INT--Interest
IPA--Interest paid after
IPCLAT--Increasing payment charitable lead annuity trust
IPIC--Inventory price index computation
IPM--Integrated production model
IPSU--Identity Protection Specialized Unit
IPU--International practice unit
I.R.B.--Internal Revenue Bulletin (also IRB)
IRC--Internal Revenue Code
IRD--Income in respect of a decedent
IRDM--Information reporting and document matching
IRIS--Information Returns Intake System
IRMF--Individual return master file
IRPAC--Information Reporting Program Advisory Committee
IRSAC--Internal Revenue Service Advisory Council
IRSCI--Internal Revenue Service Criminal Investigation division
IRSN--Internal Revenue Service number
IRM--Internal Revenue Manual
IRP--Information Reporter Program
IST--Issue specialization team
ISO--Incentive stock option
ISRP--Individual shared responsibility payment
ISRP--Integrated Submission and Remittance Processing System
ITA--Interactive tax assistant
ITG--Indian Tribal Governments
ITIN--Individual Taxpayer Identification Number
ITW--Income tax withholding
IVES--Income Verification Express Service
IVO--IRS Integrity & Verification Operation
JAPP--Joint Audit Planning Process
JCT--Joint Committe on Taxation
JDA--Joint development agreement
JITSIC--Joint International Tax Shelter Information Centre
LAFA--Legal Advice issued by Field Attorneys
LAFCP--Living abroad foreign care provider
LB&I--Large Business and International Division
LCC--Large Corporate Compliance Program
LCU--Large corporate underpayment
LDC--Lead Development Center
LDR--Loss disallowance rule
LE--Lessee
LIFE--Limited Issue Focused Examination
LIH--Low income housing
LIHCR--Low income housing credit
LIHTC--Low income housing tax credit
LITC--Low Income Taxpayer Clinic
LKE--Like-kind exchange
LMSB--Large and mid-size business
LOB--Limitation on benefits
LOSAP--Length of service award plan
LP--Limited Partner
LPC--Large Partnership Compliance Program
LPP--Long production period
LPOA--Limited power of attorney
LPR--Lawful permanent resident
LR--Lessor
LRM--Listing of required modifications
LRMS--Lease residual management strategy
LRT--Lease restructuring transaction
LSD--Lump sum distribution
LTP--Lower-tier partnership
LTR--Letter ruling (also LR)
LUQ--Large, unusual or questionable items
LUST--Leaking underground storage tank
M--Minor
MAC--Maximum amount contributable
MAGI--Modified adjusted gross income
MAP--Mutual Agreement Procedure
M&E--Meal and entertainment
M&IE--Meals and incidental expenses
M&P--Master and prototype
MDA--Marital dissolution agreement
MDIB--Minimum distribution incidental benefit
MCC--Merchant category code
MCC--Mortgage credit certificate
MEC--Minimum employer contribution
MEC--Minimum essential coverage
MeF--Modernized e-file
MEF--Modified energy factor
MEP--Multiemployer plan (pension)
MFJ--Married, filing joint
MFS--Married, filing separate
MLI--Multilingual Initiative
MLTN--More likely than not
MLR--Medical loss ratio
MM--Mid month
MMLLC--Multi-member LLC
MMREF--Magnetic Media Reporting and Electronic Filing
MNE--Multinational enterprise
MNC--Multinational corporation
MOIC--Monitoring Offer In Compromise
MOL--Memorandum of law
MOU--Memorandum of understanding
MPGE--Manufactured, produced, grown, or extracted
MRD--Minimum required distribution
MSA--Medical Savings Account
MSA--Major stock acquisition
MSA--Marital separation agreement (or marital settlement agreement)
MSC--Mixed service costs
MSB--Money service business
MSSP--Market Segment Specialization Program
MSSS--IRS main frames and servers services support
MSU--Market Segment Understandings
MTA--Maximum tax adjustment
MTA--Marriage termination agreement
MTC--Minimum tax credit
MTCNOL--Minimum tax credit net operating loss
MTCNOLD--Minimum tax credit net operating loss deduction
MTFTCE--Minimum tax foreign tax credit on exclusion items
MTR--Marginal tax rate
MTRL--Multiple tax return listing
MWC--Marginal well production credit
MWPC--Making Work Pay Credit
MUS--Market Segment Understandings
MV--Minimum value (refering to health insurance plans)
NABP--National average bronze-level qualified health plan
NAE--Nonaccrual experience (method of accounting)
NBAP--Notice of beginning of administrative proceeding
NCP--Nontaxable combat pay
NDWC--Notice of Determination of Worker Classification
NEC--Nonemployee compensation
NEH-ETA--Non-Economic Hardship-Effective Tax Administration
NESE--Net earnings from self employment
NFFE--Non-financial foreign entity
NFTL--Notice of federal tax lien
NHCE--Non-highly compensated employee
NICRUT--Net income charitable remainder unitrust
NII--Net investment income
NIIT--Net investment income tax
NIL--Notice of intent to levy
NIMCRUT--Net income makeup charitable remainder unitrust
NING--Nevada Incomplete-gift Non Grantor trust
NMC--New Markets credit (also see below)
NMCR--New Markets credit
NMP--Net misreporting percentage
NMTC--New Markets Tax Credit
NMWHFIT--Non-mortgage widely held fixed investment trusts
NNFTL--Nominee notice of federal tax lien
NOD--Notice of deficiency
NOIL--Notice of intent to levy
Nonacq.--Nonacquiescence
NOPA--Notice of Proposed Assessment (or Adjustment)
NOT--Nondebt open transaction
NPC--Notional principal contract
NPL--National Public Liaison
NPRM--Notice of Proposed Rulemaking
NQDC--Nonqualified deferred compensation
NQDCP--Nonqualified deferred compensation plan
NQPS--Nonqualified preferred stock
NQRS--National Quality Review System
NQSO--Nonqualified stock option
NRA--Nonresident alien
NRE--Net realizable equity
NRP--National Research Project
NRS--Nonrequesting spouse
NRV--Net realizable value
NTA--National Taxpayer Advocate
NTF--National Tax Forums
NUA--Net unrealized appreciation
NUBIG--Net unrealized built-in gain
NUBIL--Net unrealized built-in loss
NYLZ--New York Liberty Zone
O--Organization
OAA--Other adjustments account
OAR--Operations assistance request
OBR--Other business receipts
OCCP--Offshore Credit Card Program
OCONUS--Outside the continental United States
ODAE--Other directly allocable expenses
ODC--Oral disclosure consent
ODC--Other dependent credit
OE--Offer examiner
OEL--Offshore employee leasing
OS--Offer specialist
OFL--Overall foreign loss
OI--Operating income
OI--Other investigation
OIAE--Other indirectly allocable expenses
OIAI--Once-in-always-in
OIC--Offer-in-compromise
OIC-DATL--Offer-in-compromise-doubt as to liability
OPA--Online payment agreement
OPM--Options pricing method
OPR--Office of Professional Responsibility
OTA--Office of Tax Analysis
OTIA--Oral tax information authorization
OTRP--Other tax return preparers
OTSA--Office of Tax Shelter Analysis
OVCI--Offshore Voluntary Compliance Initiative
OVDI--Offshore Voluntary Disclosure Initiative
OVDP--Offshore Voluntary Disclosure Program
P--Parent Corporation
PA--Periods after
PAB--Private activity bond
PAL--Passive activity loss
PALS--Property Appraisal and Liquidation Specialist
PATS--Participants Acceptance Testing System
PBC--Prepared by client
PCA--Private collection agency
PCB--Potential current beneficiaries
PCCM--Percentage of completion capitalized cost method
PCM--Percentage of completion method
PCORTF--Patient Centered Outcomes Research Trust Fund
PCT--Preliminary or contemporaneous transactions
PCT--Platform contribution transaction
PDC--Private debt collector
PDS--Private delivery service
PDT--Potentially dangerous taxpayer
PE--Process examiner
PE--Permanent establishment
PEP--Personal exemption phaseout
PFA--Pre-filing agreement
PFIC--Passive foreign investment company
PGP--Priority guidance plan
PHC--Personal Holding Company
PICO--Personal Investment Corp.
PIF--Pooled income fund
PIG--Passive income generator
PII--Personally identifiable information
PILT--Payment in lieu of taxes
PIT--Personal income tax
P.L.--Public Law (also PL)
PLE--Personal living expenses
PLET--Personal liability for excise tax
PLI--Profit level indicators
PLR--Private letter ruling
PMTA--Program Manager Technical Advice
PO--Posession of the U.S.
POC--Person of contact
POD--Predecessor of distributor
POPS--Partnership Option Portfolio Securities
PPA--Price Protection Agreement
PPIA--Partial payment installment agreement
PPISA--Property placed in service after
PPM--Payment mix methodology
PPP--Payroll Protection Program
PPS--Practitioner Priority Service
PR--Partner
PRI--Program related investments
PRO--Problem solving officer
PRP--Problem resolution program
PRS--Partnership
PSE--Payment Settlement Entity
PSP--Payroll service provider
PSP--Planning and Special Programs
PTC--(wind) Production tax credit
PTE--Prohibited Transaction Exemption
PTE--Pass-through entity
PTEP--Previously taxed earnings and profits
PTET--Pass-through entity tax
PTI--Previously taxed income
PTIN--Preparer tax identification number
PTT--Prohibited transaction tax
PTTP--Post-termination transition period
Pub. L.--Public Law
PWERM--Probability-weighted expected return method
PY--Processing year
PYA--Prior year amount
QAB--Qualified additional benefits
QACA--Qualified automatic contribution arrangement
QAE--Qualified adoption expenses
QAFMV--Qualified alternative fuel motor vehicle
QALICB--Qualified active low-income community business
QAP--Qualified allocation plan
QAR--Qualified amended return
QBAI--Qualified business asset investment
QBI--Qualified business income
QBU--Qualified business unit
QCC--Qualified conservation contribution
QCD--Qualified chartiable distribution
QCSA--Qualified cost-sharing arrangement
QDD--Qualified derivatives dealer
QDI--Qualified dividend income
QDT--Qualified domestic trust
QDT--Qualified disability trust
QDTP--Qualifying Discovery Therapeutic Project
QEAA-Qualified exchange accomodation arrangement
QECB--Qualified energy conservation bond
QEE--Qualified education expenses
QEF--Qualified electing fund
QEI--Qualified equity investment
QEP--Quality Examination Process
QETP--Questionable employment tax practices
QEV--Qualifed electric vehicle
QFCB--Qualified forestry conservation bond
QFOBI--Qualified family-owned business interests
QHEE--Qualified higher education expenses
QHIL--Qualified home improvement loan
QHP--Qualifying (also qualified) health plan
QI--Qualified intermediary
QIE--Qualified investment entity
QIO--Qualified income offset
QIO--Qualified indicia of ownership
QIP--Qualified improvement property
QJSA--Qualified joint and survivor annuity
QJV--Qualified joint venture
QLAC--Qualified longevity annuity contract
QLI--Qualified leasehold improvements
QLICI--Qualified low-income community investment
QLHIP--Qualified leasehold improvement property
QLIP--Qualified leasehold improvement property
QLITC--Qualified low income taxpayer clinic
QMAC--Qualified matching contributions
QMC--Qualifed matching contribution (also QMAC)
QMB--Qualified mortgage bond
QMDM--Quantitative marketability discount model
QNEC--Qualified nonelective contributions
QO--Qualified opportunity
QOF--Qualified Opportunity Fund
QOR--Qualified Offer Rule
QOSA--Qualified optional survivor annuity
QOZ--Qualified Opportunity Zone
OPA--Online payment agreement
QPAI--Qualified production activity income
QPCA--Qualified payment card agent
QPCLA--Qualified patent cross licensing arrangement
QPEO--Qualifed professional employer organization
QPLO--Qualified plan loan offset
QPP--Qualifying production property
QPRI--Qualified principal residence indebtedness
QPRT--Qualified personal residence trust
QPS--Qualified preferred stock
QPSA--Qualified preretirement survivor annuity
QPSC--Qualified personal services corporation
QPTP--Qualified publicly traded partnership
QRA--Qualified research activities
QRB--Qualified rehabilitated building
QRD--Qualified reservist distributions
QRE--Qualified research expenses
QRE--Qualified rehabilitation expenditures
QRF--Qualified nonrecourse financing
QRIP--Qualified retail improvement property
QRP--Qualified restaurant property
QRP--Qualified replacement property
QRP--Questionable refund program
QRPBI--Qualified real property business indebtedness
QRT--Qualified revocable trust
QSBS--Qualified small business stock
QSCB--Qualified school construction bonds
QSD--Qualified stock dispositions
QSEHRA--Qualified small employer health reimbursement arrangement
QSF--Qualified settlement fund
QSI--Qualified stated interest
QSLB--Qualified student loan bond
QSLOB--Qualified separate line of business
QSP--Qualified stock purchases
QSS--Qualified structured settlement
QSTP--Qualified state tuition program
QSV--Quick sale value
QTDP--Qualifying Therapeutic Discovery Project
QTF--Qualified transportation fringe
QTP--Qualified tuition plan (program)
QTRE--Qualified tuition and related expenses
QW--Qualifying widow(er)
QZAB--Qualifed zone academy bond
RA--Reporting agent
RA--Revenue Agent
RAB--Reasonably anticipated benefits
RAC--Refund anticipation check
RACS--Revenue Accounting Collection System
RAL--Refund anticipation loan
RAP--Rapid Appeals Process
RAR--Revenue agent's report
RAS--Office of Research, Analysis, and Statistics of Income
RBA--Restitution-based assessment
RBD--Required beginning date
RBIG--Recognized built-in gain
RBIL--Recognized built-in loss
RCA--Reasonable Cause Assistant
RCC--Rebate recovery credit
RCP--Reasonable collection potential
RCRA--Research credit recordkeeping agreement
RCTC--Refundable child tax credit
RDD--Return due date
RDP--Registered domestic partners
Reg.--Regulation
REIT--Real Estate Investment Trust
REP--Remote examination process
Rev. Proc.--Revenue Procedure
Rev. Rul.--Revenue Ruling
RFA--Relevant foreign asset
RFA--Retirement funding account
RO--Responsible officer
RP--Revenue Procedure
RR--Revenue Ruling
RFA--Regulatory flexibility analysis
RI--Royalty income
RICS--Return Integrity and Compliance Services
RIVO--Return Integrity Verification Operations
RLP--Required large partnership
RMD--Required minimum distribution
RMFP--Representative market or field price
RMTF--Risk Management Task Force
RO--Revenue officer
ROBS--Rollovers as business startups
ROTA--Revenue Officer Technical Advisor
ROTER--Record of tax enforcement results
RRP--Return review program
RPC--Return preparer coordinator
RPD--Return processible date
RPE--Relevant pass-through entity
RPO--Return Preparer Office
RPS--Revenue protection strategy
RPSM--Residual profit split method
RRAP--Rapid Response Appeals Process
RRC--Recovery Rebate Credit
RRTA--Railroad Retirement Tax Act
RS--Requesting spouse
RSU--Restricted stock unit
RTL--Regular tax liability
RTRP--Registered tax return preparer
RWI--Research and workload identification
S--Subsidiary
S--Single
SAC--Special agent in charge
SAG--Separate affiliated group
SALT--State and local tax (deduction)
SAR--Suspicious activity report
SAR--Summary annual report
SATESC--Servicewide Abusive Transaction Executive Steering Committee
SB/SE--Small Business/Self-Employed Division
SB/SE FTS--Small Business/Self-Employed Fast Track Settlement (program)
SBM--State-based marketplaces
SBC--Summary of benefits and coverage
SBC--Stock based compensation
SCA--Service Center Advice
SCBM--Simplified cost based method
SCCB--Service Center Collection Branch
SCE--Syndicated conservation easement
SCIN--Self-canceling installment note
SCM--Services cost method
SCP--Self-correction program
SCRIPS--Service Center Recognition/Image Processing System
SDA--Special depreciation allowance
SDLIA--Split-dollar life insurance arrangement
SE--Self-employment
Sec.--Section
SEE--Special enrollment exam
SEHID--Self-employed health insurance deduction
SEI--Self-employment income
SEP--Simplified Employee Pension
SEP--Special enrollment period
SEPP--Substantially equal periodic payments
SEVP--Student exchange visitors program
SFC--Senate Finance Committee
SFC--Specified foreign corporation
SFCP--streamlined filing compliance procedures
SFR--Substitute for return
SHOP--Small Business Health Options Program
SIFL--Standard Industry Fare Level
SILO--Sale-In, Lease-Out
SIP--Single identifiable property
SIRF--Stolen identity refund fraud
SITCA--Service Industry Tip Compliance Agreement
SL--Stakeholder Liason
SLAT--Spousal limited access trust
SLCSP--Second lowest cost silver plan
SLFRF--(Coronavirus) State and Local Fiscal Recovery Funds
SLIAC--Streamlined Installment Agreement Calculator
SLIP--Special limited investment partnership
SME--Subject matter expert
SMEC--Specified minimum employer contribution
SMLLC--Single member limited liability company
SMI--Successor member interest
SMM--Summary of material modification
SND--Statutory notice of deficiency (also SNOD)
SO--Settlement officer
SOB--Son of BOSS
SOD--Sucessor of distributor
SOFR--Secured Overnight Financing Rate
SOI--Statistics of Income
SOL--Statute of limitations
SOSI--Stipulation of settled issues
SPA--Sale and purchase agreement
SPA--Significant participation activity (see also immediately below)
SPD--Summary plan description
SPPA--Significant passive participation activity
SPR--Securities position report
SPR--Statement of Procedural Rules
Substantial presence test
SPTO--Standing pretrial order
SS--Surviving spouse
SSA--Social Security Administration
SSA--Shared services arrangement
SSBT--Specified service trade or business
SSCM--Simplified service cost method
SSN--Social Security number
SSNVS--Social Security Number Verification System
SSRP--Substantially similar or related property
SSUTA--Streamlined Sales & Use Tax Agreement
SPEC--Office of Stakeholder, Partnerships, Education and Communication
SPF--Special procedures function
SPOC--Single point of contact
S.P.R.--Statements of Procedural Rules
SRLY--Separate return limitation year
SRM--Staff Review Memorandum
SRP--Shared Responsibility Payment
SRPM--Stated redemption price at maturity
SSR--Settlement Status Report
SSTB--Specified service trade or business
STARS--Structured trust repackaged securities transaction
Stat.--Statutes at Large
STCP--Student Tax Clinic Program
SIFR--Stolen identity refund fraud
STI--Separate taxable income
STJ--Special Trial Judge
STLDI--Short-term limited duration insurance
STR--Special tax regimes
SWA--State workforce agency
T--Target Corporation
TAA--Trade adjustment assistance
TAC--Taxpayer Assistance Center
TAD--Taxpayer advocate directive
TANF--Temporary Assistance for Needy Families
TAP--Taxpayer Advocacy Panel
TAS--Taxpayer Advocate Service
TAXDEF--National Tax Defier Initiative
TBR--Office of Taxpayer Burden Reduction
TBE--Tenancy by the entireties
TC--Tax Convention
T.C.--Tax Court
TCB--Tax credit bond
TCE--Tax Counseling for the Elderly Program
TCO--Tax compliance officer
T.D.--Treasury Decision (also TD)
TDA--Taxpayer delinquency account
TDA--Treasury Direct Account
TDF--Target date fund
TDI--Taxpayer delinquency investigation
TDS--Transcript Delivery System
TDO--Treasury Department Order
TE--Tax exempt, tax exempt organization
TEAM--Technical Expedited Advice Memoranda
TEB--Tax exempt bond
TEDB--Tribal economic development bonds
TEP--Taxpayer examination program
TEPA--Tipped employee participation agreement
TEOS--Tax exempt organization search
TETR--Telephone excise tax refund
TFE--Transferee
TFR--Transferor
TFRP--Trust fund recovery penalty
TGR--Total gross receipts
TI--Taxable income
TIA--Tax information authorization; also tax implementation agreement
TIEA--Tax information exchange agreement
TIF--Tier issue focus
TIGTA--Treasury Inspector General for Tax Administration
TIH--Trust interest holder
T.I.R.--Technical Information Release
TLAC--Total loss absorbing capacity
TLB--Tax Litigation Bulletin
TMP--Tax matters partner
TMP--Taxable mortgage pool
TMPG--Treasury Market Practices Group
TMT--Tentative minimum tax
TMT--Tax motivated transaction
TOP--Treasury Offset Program
TP--Taxpayer
TPC--Tax Policy Center
TPD--Third party designee
TPI--Total positive income
TPNC--Taxpayer Notice Code
TPO--Transfer pricing operations
TPP--Third Party Payer
TPP--Taxpayer protection program
TPR--Tangible property regulations
TPSO--Third party settlement organization
TR--Trust
TRAC--Tip reporting alternative commitment
TRAC--Terminal rental adjustment clause
TRDA--Tip rate determination agreement
TRD/EP--Tip Rate Determination/Education Program
TRIS--Taxpayer rights impact statement
TRP--Tax reporting partner
TT--Trustee
TTB--Alcohol and Tobacco Tax and Trade Bureau (Treasury)
TTIN--Truncated taxpayer identification number
TWB--Taxable wage base
TYB--Taxable year beginning
TYBA--Taxable years beginning after
TYBB--Taxable years beginning before
TYBI--Taxable years beginning in
TYBOA--Tax year beginning on or after
TYEA--Taxable years ending after
TYE--Taxable year ended
TYWI--Taxable year which includes
U.S.C.--United States Code
UEBE--Unreimbursed employee business expenses
UBIA--Unadjusted basis immediately after acquisition
UBIT--Unrelated business income tax
UDFI--Unrelated debt financed income
UIL--Uniform issues list
UNI--Undistributed net income
UoP--Unit of property (also UOP)
UPE--Unreimbursed partnership expenses
UPR--Uniform percentage requirement
UPREIT--Umbrella partnership real estate investment trust
UPT--Upper-tier partnership
USFI--United State financial institution
USRPHC--U.S. real property holding company
USRPI--U.S. real property interest
UTC/UTL--Unable to contact/unable to locate
UTP--Uncertain tax position
UTP--Upper-tier partnership
VBID--Value-based insurance designs
VCP--Voluntary Correction Program
VCSP--Voluntary classification settlement program
VCR--Voluntary compliance rate
VS--Volume submitter
W/H--Withholding
W&I--Wage and Investment Division
WHC--Withholding Compliance Program
WHFIT--Widely held fixed investment trust
WHMT--Widely held mortgage trust
WISP--Written Information Security Plan
WOTC--Work Opportunity Tax Credit
WP--Withholding foreign partnership agreement
WT--Withholding foreign trust agreement
X--Corporation
XCF--Excess collection file
Y--Corporation
Selected Significant Tax Legislation
NSA--No Surprises Act (2022)
IRA--Inflation Reduction Act (2022)(P.L. 117-169)
CTRA--COVID-Related Tax Relief Act
ARPA--American Rescue Plan Act (2021)(P.L. 117-2)(also ARP)
CCA--Consolidated Appropriations Act (2021) (P.L. No. 116-260)
TCDTRA--Taxpayer Certainty and Disaster Tax Relief Act (2020)
FFCRA--Families First Coronavirus Response Act (2020)
CARES--Coronavirus Aid, Relief, and Economic Security Act (2020)(P.L. 116-36)
EPSLA--Emergency Paid Sick Leave Act
EFMLEA--Emergency Family and Medical Leave Expansion Act
FMLA--Family and Medical Leave Act
TFA--Taxpayer First Act
SECURE--Setting Every Community Up for Retirement Enhancement Act of 2019 (P. L. 116-94)
BBA--Bipartisian Budget Act of 2018
TCJA--Tax Cuts and Jobs Act of 2017 (P.L. 115-97)
PATH--Protecting Americans from Tax Hikes Act of 2015
BBA--Bipartisian Budget Act of 2015
FAST--Fixing America's Surface Transportation Act of 2015
MACRA--Medicare Access and CHIP Reauthorization Act of 2015 (P.L. 114-10)
PACE--Protecting Affordable Coverage for Employees Act of 2014
TIPA--Tax Increase Prevention Act of 2014
FITARA--Federal Information Technology Acquisition Reform Act of 2014
EHCCA--Expatriate Health Coverage Clarification Act
HATFA--Highway and Transportation Funding Act of 2014
MPRA--Multiemployer Pension Reform Act of 2014
CSEC--Cooperative and Small Employer Charity Pension Flexibility Act (P.L. 113-97)
ATRA--American Taxpayer Relief Act of 2012 (P.L. 112-240)
TRUIRJCA--Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (P.L. 111-312
FACTA--Foreign Account Tax Compliance Act (P. L. 113-159)
DARFA--Disaster Assistance Recoupment Fairness Act of 2011
EJMAA--Education Jobs and Medicaid Assistance Act of 2010 (P.L. 111-226)
HCERA--Health Care and Education Reconciliation Act of 2010 (P.L. 111-152)
IPERA--Improper Payments Elimination and Recovery Act of 1010
HIRE--Hiring Incentives to Restore Employment Act (P.L. 111-147)
PPACA--Patient Protection and Affordable Care Act of 2010 (P.L. 111-149)
MSRRA--Military Spouses Residency Relief Act of 2009
WHBBA--Worker, Homeownership and Business Assistance Act of 2009
ARRA--American Recovery and Reinvestment Act of 2009 (P.L. 111-5)
HDTRA--Heartland Disaster Tax Relief Act of 2008 (P.L. 110-343)
TEAMTRA--Tax Extenders and Alternative Minimum Tax Relief Act of 2008
WRERA--Worker, Retiree, and Employer Recovery Act of 2008 (P.L. 110-458)
EESA--Emergency Economic Stabilization Act of 2008
HEART--Heroes Earnings Assistance and Relief Tax Act of 2008
HERA--Housing and Economic Recovery Act of 2008 (P. L. 110-289)
ESA--Economic Stimulus Act of 2008 (P.L. 110-185)
TIPA--Tax Increase Prevention Act of 2007 (P.L. 110-166)
SBWOTA--Small Business and Work Opportunity Tax Act of 2007 (P.L. 110-28)
TRHCA--Tax Relief and Health Care Act of 2006 (P.L. 109-432)
PPA--Pension Protection Act of 2006
TIPRA--Tax Increase Prevention and Reconciliation Act of 2005
KETRA--Katrina Emergency Tax Relief Act of 2005
GOZA--Gulf Opportunity Zone Act of 2005
BAPCPA--Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
AJCA--American Jobs Creation Act of 2004 (also JCA) (P.L. 108-357)
WFTRA--Working Families Tax Relief Act of 2004 (P.L. 108-311)
CRTRA--Community Renewal Tax Relief Act of 2000
JGTRRA--Jobs and Growth Tax Relief Reconciliation Act of 2003 (P.L. 108-27)
MFTRA--Military Family Tax Relief Act of 2003
JCWAA--Job Creation and Worker Assistance Act of 2002 (also JCWA) (P.L. 107-147)
EGTRRA--Economic Growth and Tax Relief Reconciliation Act of 2001
CRA--Community Renewal Tax Relief Act of 2001
RRA--Restructing and Reform Act of 1998 (P.L. 105-206)
PRWORA--Personal Responsibility Work Opportunity Reconciliation Act of 1996
SBJPA--Small Business Job Protection Act of 1996
HIPAA--Health Insurance Portability and Accountability Act of 1996
TBOR--Taxpayer Bill of Rights Act
SSDERA--Social Security Domestic Employment Act of 1994
USERRA--Uniformed Services Employment and Reemployment Rights Act of 1994
VBIA--Veterans Benefits Improvement Act of 1994
OBRA--Omnibus Budget Reconciliation Bill of 1993
TILA--Truth in Lending Act
FMLA--Family and Medical Leave Act
TAMRA--Technical and Miscellaneous Revenue Act of 1988
DEFRA--Deficit Reduction Act of 1984 (P.L. 98-369)
ERTA--Economic Recovery Tax Act of 1981
FIRPTA--Foreign Investment in Real Property Tax Act of 1980
PRA--Paperwork Reduction Act
FDCPA--Fair Debt Collection Practices Act
CERCLA--Comprehensive Environmental Response, Compensation and Liability Act of 1980
APA--Administrative Procedure Act
FTCA--Federal Tort Claims Act
FECA--Federal Employees' Compensation Act
BSA--Bank Secrecy Act of 1970 (also known as the Currency and Foreign Transactions Reporting Act)
RFPA--Right to Financial Privacy Act
APA--Administrative Procedure Act