摘要: The day that the average American has earned enough money (in theory) to pay off his or her total tax obligations for the year. The calculation used to determine this date assumes that everyone in the[阅读全文:]
摘要: Tax free refers to certain types of goods and/or financial products (such as municipal bonds) that are not taxed and with earnings that are not taxed. The tax free status of these goods and/or funds m[阅读全文:]
摘要: Selling securities at a loss to offset a capital gains tax liability. Tax gain/loss harvesting is typically used to limit the recognition of short-term capital gains, which are normally taxed at highe[阅读全文:]
摘要: A country that offers individuals and businesses little or no tax liability.
There are several countries in the Caribbean that are considered tax havens.
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摘要: A government incentive program that offers a tax reduction or elimination to businesses. Tax holidays are often used to reduce sales taxes by local governments, but they are also commonly used by gove[阅读全文:]
摘要: An individual's primary place of work or residence. This is used when determining tax for travel or transportation expenses.
Many travel deductions require that you travel a minimum mil[阅读全文:]
摘要: As the name implies, this number is a nine-digit number used as a tracking number by the IRS for tax purposes. Whereas Social Security numbers are in the format of XXX-XX-XXXX, tax ID numbers are read[阅读全文:]
摘要: A liability owing to federal, state/provincial and municipal governments. Tax expenses are calculated by multiplying the appropriate tax rate of an individual or business by their income before taxes,[阅读全文:]
摘要: A court of law whose sole jurisdiction is to decide litigation involving federal income, death, and other taxes.
This is where you go if you don't pay your taxes!
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摘要: A dollar-for-dollar reduction in the tax payment required from a person.
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