Tax liability
Tax liability is the total amount of tax owed in a given period, by individuals and organizations, to federal, state, and local governments.
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Tax liability is the total amount of tax owed in a given period, by individuals and organizations, to federal, state, and local governments.
A tax lien is a legal claim that a federal, state, or local government places on your property and assets when you fail to pay
Tax evasion occurs when a person or an organization illegally takes purposeful steps to avoid paying a tax liability.
A tax exemption is the right to exclude all or some income from taxation by federal or states governments.
Tax deferral is when taxpayers delay paying taxes to some point in the future.
A legal document that grants ownership of a property to a government body when the property owner does not pay the taxes due on the
A tax deduction reduces the amount of income that is subject to taxation by federal and state governments.
A tax credit is an incentive that lets a taxpayer subtract a set amount from their local, state, or federal tax liability.
Special districts are independent, special-purpose governmental units that exist separately from local governments such as county, municipal, and township governments, with substantial administrative and fiscal
A legal claim against a property for unpaid property taxes which prohibits a property from being sold or refinanced.
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