When Eddie Fisherâs best friend, producer Mike Todd, was killed in a 1958 plane crash, Mr. Fisher comforted the widow, Elizabeth Taylor. Amid sensationalist headlines, Mr. Fisher divorced Reynolds and married Taylor in 1959. The Fisher-Taylor marriage lasted only five years.
Definition of 'Federal (Tax) Lien'. A Federal (Tax) Lien is a federally authorized lien or security placed against any and all assets of a taxpayer who has unpaid back taxes. What is a Federal Tax Lien: The federal lien allows the Internal Revenue Service (IRS) to secure or otherwise requisition the taxpayer's property in order to secure payment.
What is Tax Basis? Definition of Tax Basis. In the context of finance, the original cost of an asset less depreciation that is used to determine gains or losses for tax purposes.In the context of investments, the price of a stock or bond plus the broker's commission.