The business you are in affects the type of records you need to keep for federal tax purposes. Your recordkeeping system should include a summary of your business transactions. This summary is ordinarily made in your business books (for example, accounting journals and ledgers).
Chambers 20th Century Dictionary(0.00 / 0 votes)Rate this definition: Waive. wÄv, v.t. to relinquish for the present: to give up claim to: not to insist on a right or claim.ân. Waiâ²ver, the act of waiving: renouncement of a claim: process by which a woman was outlawed. [O. Fr. guever, to refuse, resignâperh.
c.1300, from Anglo-French weyver to abandon, waive, Old French weyver, guever to abandon, give back, probably from a Scandinavian source akin to Old Norse veifa to swing about, from Proto-Germanic *waibijanan (see waif). In Middle English legal language, used of rights, goods, or women. Related: Waived; waiving.