What Is Federal Tax Law ?  

Federal tax law is a set of regulations that is owned by an authority primarily the government which has the right to impose income tax on individuals and businesses regardless of their origin of income. The origin of income could be from salary, property, services, capital gains, annulment or release of debts and earnings from interests.

The Federal income tax law oversees and regulates the Internal Revenue Service, which comprises of internal revenue codes, service regulations, revenue rulings, letter rulings and case laws.More...

 

Tips To Get The Best Tax Refund

Tips To Get The Best Tax Refund

Today, tax refund is something to look forward to. It is very easy to calculate your tax refund. The method to calculate tax refund is very. Just follow the steps described below to help you out.More...

 

 

How Do I Figure Out Sales Tax ?

How Do I Figure Out Sales Tax

Sales tax is a very important aspect of understanding which makes an individual’s planning simpler when buying any item. Or else there is a chance of getting shocked when you get to know the actual cost of the item you are buying. Prior calculation is very important and this needs simple mathematics.More...

 

List Of Property Taxes

List Of Property Taxes

Property taxes are often referred to as ad valorem tax or commercial tax. Property tax is usually charged against real estate property or anything that has some value owned by an individual or company. Property tax is collected by the IRS in the US. Furthermore, to the usual property tax that is levied on the real estate property, it can also be charged against some valuable property owned by someone like yachts, expensive collectors' items, business inventory or taxes on immovable property.More...

 

What Is Harmonized Tariff Code ?

What Is Harmonized Tariff Code

Tariffs play an important part for the government as it is method of generation of revenue. For an international trade affair, Harmonized Tariff Code, or HTC, plays a very crucial role in bringing a balance in the rates of tariffs of various goods that are being shipped across the countries.More...

 

Guide To Excise Tax

Guide To Excise Tax

An excise tax is comparatively a trivial source of revenue for the government. These are applicable to certain products and events that are exercised by various business companies. Excise taxes are supposed to be a form of taxation that are charged tactfully which means the government does not attach them right away.More...

 

Federal Taxes On Retirement Income

Federal Taxes On Retirement Income

The income received as retirement benefit is taxable at ordinary rates. Therefore, it implies that the tax rate actually depends on the total earnings of that particular year no matter if it comes from pension or any other sources. Tax rates do not take into account the person’s age. IRS tax rates are applied in similar fashion to all the earning citizens.More...

 

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What is the common body of tax law? - Tax and business law - History of tax law
 

What-Is-The-Common-Body-Of-Tax-Law      A common body of tax laws is certain set of rules that enables an authority to claim or impose tax on individuals and businesses that are liable to pay a portion of their income to the authority who governs them. The power bestowed upon a government to claim for tax is generally acclaimed as their right under the system of Common Body of Tax Law. More..

 


 

 

 
   
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