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.
waiving. 1  transitive verb. 2  1 archaic : give up, forsake. 3  2 : to throw away (stolen goods) 4  3 archaic : to shunt aside (a danger or duty) : evade. 5  4a : to relinquish (something, such as a legal right) voluntarily waive a jury trialb : to refrain from pressing or enforcing (something, such as a claim or rule) : forgo waive the fee.