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Property tax is a government-imposed fee on real estate, based on property value. It funds local services like schools, roads, and...

A tax shelter is a legal strategy or investment that reduces taxable income, helping individuals or businesses minimize taxes owed...

Federal income tax is a government levy on individuals’ and businesses’ earnings. It funds public services, infrastructure, and...

Accrual accounting records revenues and expenses when they are earned or incurred, regardless of cash flow, providing a more accurate...

Amortization is the gradual repayment of a loan or the systematic allocation of an intangible asset's cost over its useful life...