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.
Princeton's WordNet(1.00 / 1 vote)Rate this definition: 1  waive, relinquish, forgo, forego, foreswear, dispense with(verb) do without or cease to hold or adhere to. 2  forfeit, give up, throw overboard, waive, forgo, forego(verb) lose (s.th.) or lose the right to (s.th.) by some error, offense, or crime.