Tag Archives: tax

What is capital gains tax?

What is Capital Gains Tax? Capital gains tax is a tax on the profit gained [...]

what does tax liable mean

“Tax liable” refers to the legal responsibility of an individual or entity to pay taxes [...]

what does total tax liability mean

Total tax liability refers to the total amount of tax that an individual or entity [...]

What Does Received Date Mean On Tax Transcript

Understanding the Received Date on Tax Transcripts When you view your tax transcript from the [...]

What Does Tax Code 806 Mean

Understanding Tax Code 806 Tax Code 806 refers to a specific provision within the United [...]

Living Quarters Meaning Tax

The term “living quarters” in the context of tax refers to the area or specific [...]

what does tax topic 151 mean

Tax Topic 151 refers to the Internal Revenue Service (IRS) guidance regarding the "Failure to [...]