Project Chartering Lift off planning This documentâs value is in the lift off session [5] where stakeholders, team members, product owners, scrum masters and project managers will create or consolidate the project chartering: purpose of the project, alignment of the team around the project and context of the project.
DEFINITION of 'Itemized Deduction'. A deduction from a taxpayer's taxable adjusted gross income that is made up of deductions for money spent on certain goods and services throughout the year.
Itemized Deductions. You claim attorneyâs fees as an itemized deduction on Schedule A of Form 1040. The IRS imposes a limit on miscellaneous deductions; you can only claim expenses that exceed 2 percent of your adjusted gross income, which you calculated on Line 38 of your return. If you take the standard deduction, you cannot deduct attorneyâs fees.