Definitions. 1  Abatements are reductions in tax assessments and are a normal part of the IRS tax administration process. Abatements may occur for a number of reasons. 2  Accrual Accounting is the accounting basis whereby transactions and events are recognized when they occur, regardless of when cash is received or paid.
(March 2008) In United States aviation, a terminal radar service area (TRSA) is a delimited airspace in which radar and air traffic control services are made available to pilots flying under instrument flight rules or (optionally) visual flight rules for the purposes of maintaining aircraft separation.
Standards Act (FLSA), 29 U.S.C. Â§201 et seq., is identifying which entities and individuals are. the workersâ âemployerâ within the meaning of the FLSA and securing liability against each of. those employers. Under the FLSA, only an entity or individual who meets the Actâs definition of. âemployerâ can be held liable for minimum wage or overtime violations. Frequently the pivotal. issue in FLSA litigation is a dispute over which entities or individuals are to be deemed the.