Glossary

Assisted living designation where senior housing residents pay 100% of the rent versus by welfare or government subsidies.

The IRS 4506 tax form is used when individuals or businesses do not otherwise have copies of their tax returns and need to request copies from the IRS. Form 4506 can also be used to designate a third party to receive the tax return. This might be required if a person or entity wants their tax return sent to their accountant, probate executor, attorney or if a bank wants to see the filed copy of the return, as required for an SBA loan.