What does AAA stand for?

Accumulated Adjustments Account (US Federal Income Tax)

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government
Business, finance, etc.

Other Resources:

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Abdominal Aortic Aneurysm Abstract and Applied Analysis (mathematical journal; Hindawi Publishing Corporation) Academia de Automovilismo Andrade (Guatemala) Academics, Athletics, Arts (various schools) Academy of Aerospace and Aviation (India) Access Across America Access All Areas (Sony music project) Access Approval Authority Accountability and Assessment Accounting Alumni Association (various organizations)		Aces of ANSI Art Achalasia-Addisonianism-Alacrima (Syndrome) Acquisition Approval Authority Acral Acanthotic Anomaly (dermatological condition) ACTH-Resistant Adrenal Insufficiency, Achalasia and Alacrima Action Aid Afghanistan (NGO) Action Aid Australia Action Awareness Alert Action on Alcohol Abuse Active Antenna Array

Samples in periodicals archive:

2008-42, issued July 1, 2008, the Service ruled that insurance premiums paid by an S corporation on an employer-owned life insurance contract on an employee of which the corporation is the beneficiary do not reduce the corporation's accumulated adjustments account (AAA).

Guidance on S corporation life insurance premiums raises questions

Alternative Minimum Tax And Accumulated Adjustments Account The second issue involves the application of the alternative minimum tax (AMT) rules to the distribution rules for S corporations and their shareholders.

Solutions for Issues Regarding S Corporations and Their Shareholders ...

The regulations confirm that S shareholders with old previously taxed income balances may withdraw these amounts tax free to the extent there is an actual distribution of money in excess of the corporate accumulated adjustments account (the post-1982 version of previously taxed income).

S corporation distribution regulations

1368(e)(3)(A) provides that an S corporation may elect, with the consent of all affected shareholders, to make distributions from E&P first, rather than from an accumulated adjustments account.

Avoiding S corporation tax on investment income

WBC's accumulated adjustments account is $100,000 and its accumulated earnings and profits are $700,000.

Avoiding locked-in installment gains on predeath stock redemptions

Both of these restrictive rules apply only if the corporation has AE&E Because the corporation is now in S status, any distribution normally would first come out of its accumulated adjustments account (AAA) and would not be considered a dividend.

Avoiding involuntary termination of S status from excess passive ...

Distributions in past years have left the corporation with an accumulated adjustments account (AAA) balance of only $20,000.

Structuring a redemption

Esscorp has $65,000 of accumulated earnings and profits (AE&P) (accumulated when it was a C corporation) and $80,000 of accumulated adjustments account (AAA).

Maximizing the investment interest expense deduction by electing to ...