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.
Definition of tax avoidance. Tax avoidance is a practice of using legal means to pay the least amount of tax possible. This is different to tax evasion which is the practice of using illegal methods to avoid paying tax. There is also a difference between avoidance and tax planning as paying minimal tax is not necessarily a sign of avoidance.