HOME ABOUT US RESOURCE LINKS FAQ's LEGAL COMMUNITY CONTACT US May 12, 2008
Small Business Lawyers Image
             
 
Selecting an attorney for your legal case is a very important decision. Please enter a zip code to find an attorney in your area:
 
Zip Code:  

  Taxation Law Terms Glossary


Ability to Pay:
A concept of tax fairness that states that people with different amounts of wealth or different amounts of income should pay tax at different rates. Wealth includes assets such as houses, cars, stocks, bonds, and savings accounts. Income includes wages, interest and dividends, and other payments.

Benefits Received:
A concept of tax fairness that states that people should pay taxes in proportion to the benefits they receive from government goods and services.

Citizen or Resident Test:
Assuming all other dependency tests are met, the citizen or resident test allows taxpayers to claim a dependency exemption for persons who are U.S. citizens for some part of the year or who live in the United States, Canada, or Mexico for some part of the year.

Deficit:
The result of the government taking in less money than it spends.

Earned Income:
Includes wages, salaries, tips, includible in gross income, and net earnings from self-employment earnings.

Federal/State E-File:
A program sponsored by the IRS in partnership with participating states that allows taxpayers to file federal and state income tax returns electronically at the same time.

Gasoline Excise Tax:
An excise tax paid by consumers when they purchase gasoline. The tax covers the manufacture, sale, and use of gasoline.

Head of Household Filing Status:
You must meet the following requirements: 1. You are unmarried or considered unmarried on the last day of the year. 2. You paid more than half the cost of keeping up a home for the year. 3. A qualifying person lived with you in the home for more than half the year. However, a dependent parent does not have to live with the taxpayer.

Income Taxes:
Taxes on income, both earned and unearned. Income taxes can be levied on both individuals and businesses.

Lobbyist: A person who represents the concerns or special interests of a particular group or organization in meetings with lawmakers. Lobbyists work to persuade lawmakers to change laws in the group's favor.

Contact a Tax Attorney today for more information.

  Latest News
 

  Regional Resources
 
Alabama
Missouri
Alaska Montana
Arizona Nebraska
Arkansas Nevada
California New Hampshire
Colorado New Jersey
Connecticut New Mexico
DC New York
Delaware North Carolina
Florida North Dakota
Georgia Ohio
Hawaii Oklahoma
Idaho Oregon
Illinois Pennsylvania
Indiana Rhode Island
Iowa South Carolina
Kansas South Dakota
Kentucky Tennessee
Louisiana Texas
Maine Utah
Maryland Vermont
Massachusetts Virginia
Michigan Washington
Minnesota West Virginia
Mississippi Wisconsin
  Wyoming
Browse Map >



 
 Hot Topics
 
    Resource Center
 

More Resources >


 
  Did You Know?
 


The average annual income in 1913 was $800.

Back in 1913 tax rates ranged from one to seven percent on incomes above $3,000. This tax rate doesn't sound like much until you consider the average annual income for the time.

 
 
NOW SHOWING 50,000 CONTENT PAGES


Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a refferal or endorsement by an approved or authorized lawyer referral service. The information provided on Taxation Law Firms.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.


© 2008Orion Foundry (US), Inc. – Directory Services. All rights reserved