'Nontaxable income' diaporamas de présentation

Lesson 3

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Tax Law Basics

Tax Law Basics. Income Overview. Taxable income versus nontaxable income (including excluded income) Earned income versus unearned income. Taxable Versus Nontaxable Income. Basic tenet of the income tax code: Income or gain, from whatever source derived, is taxable ...

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Income Tax Concepts chapter (2)

Income Tax Concepts chapter (2). Accounting concept: 1-Entity concept According to the entity concept, each tax unit must keep separate and report the result of its operations separate and apart from other tax units.

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