Tax Vocabulary: Some of What We Should Know Now

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To know our rights, it behooves us to understand some of the tax jargon often used by the media such as tax expenditures, tax gap or the difference between tax credits and tax deductions. Let us further explore these rather complicated concepts in a relatively simplified fashion.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Doron Eghbali, Law Advocate Group, LLP | Attorney Advertising

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