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2. Taxation in the United States - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_the_United_States

   Politics portal. v. t. e. The United States has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted ...

3. What is a tax-equivalent yield on municipal bonds? - AOL

   www.aol.com/finance/tax-equivalent-yield...

   Calculating the tax-equivalent yield on a municipal bond is an important step in determining whether it’s an attractive place for you to invest. While muni yields are generally lower than on ...

4. Tax deduction - Wikipedia

   en.wikipedia.org/wiki/Tax_deduction

   Tax deduction. A tax deduction or benefit is an amount deducted from taxable income, usually based on expenses such as those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and tax credits. The difference between deductions, exemptions, and credits is that deductions and exemptions both ...

5. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

6. 12 Tax-Filing Mistakes First-Timers Always Make - AOL

   www.aol.com/finance/12-tax-filing-mistakes-first...

   Woman calculating her taxes. Filing a Paper Return. If it’s your first time filing taxes, you might hear that you can pick up tax forms at the public library or download them from IRS.gov.

7. What Is Tax Drag and How You Avoid It for Your Clients - AOL

   www.aol.com/tax-drag-avoid-clients-200453541.html

   How to Calculate Tax Drag. A financial advisor calculates the tax drag on a client's portfolio. Tax drag is primarily influenced by factors such as the tax rate, the returns on investment and the ...