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.
1. to refrain from claiming or insisting on; forgo: to waive one's rank. 2. to relinquish (a right) intentionally: to waive an option. 3. to put aside, esp. for the time; defer or dispense with: to waive formalities. 4. to dismiss from consideration or discussion. [1250â1300; Middle English weyven < Anglo-French weyver to make a waif (of someone) by forsaking or outlawing (him or her)]