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.
This is an itemized deduction, meaning that in order to claim, it you'll have to choose itemizing instead of taking the standard deduction. Like other itemized deductions, the SALT deduction can be claimed on the Schedule A form of your federal tax return. Image source: Getty Images. This is a major deduction