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- Taxation: The practice of collecting taxes from individuals, businesses, and other entities by a government authority.
- Tax laws: A set of rules and regulations that govern how taxes are collected and enforced.
- Tax News Daily: A news service that provides up-to-date information and analysis on tax policy, legislation, and enforcement.
- Tax policy: A set of principles and objectives that guide the development and implementation of tax laws and regulations.
- Tax reform: A process of making changes to the existing tax laws and regulations to make them more efficient and effective.
- Tax evasion: The illegal practice of not paying taxes owed to the government.
- Tax avoidance: The legal practice of minimizing tax liability by taking advantage of tax deductions, credits, and exemptions.
- Tax audit: An examination of a taxpayer’s financial records and returns by a tax authority to ensure compliance with tax laws.
- Tax season: The period of the year when individuals and businesses are required to file their tax returns.
- Tax bracket: A range of income levels that are subject to a specific tax rate under the tax code.
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