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  2. The IRS wants to know how much money you’re making ... - AOL

    www.aol.com/finance/irs-wants-know-much-money...

    This tax season, the form only applies to individuals with gross receipts of at least $5,000, ... the IRS says all income should be reported on your tax return.

  3. These Are the Receipts To Keep for Doing Your Taxes - AOL

    www.aol.com/finance/receipts-keep-doing-taxes...

    Gathering and saving receipts and tax documents is an important part of filing taxes and receiving your refund quickly. Whether you take the standard deduction or itemize deductions, most people ...

  4. Gross receipts tax - Wikipedia

    en.wikipedia.org/wiki/Gross_receipts_tax

    A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source. A gross receipts tax is often compared to a sales tax ; the difference is that a gross receipts tax is levied upon the seller of goods or services, while a sales tax is nominally levied upon the buyer (although both are ...

  5. Tax returns in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_the_United...

    Information returns are reports used to transmit information about income, receipts or other matters that may affect tax liabilities. For example, Form W-2 and Form 1099 are used to report on the amount of income that an employer, independent contractor, broker, or other payer pays to a taxpayer.

  6. Internal Revenue Code section 1 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Section 1 of the Internal Revenue Code (26 U.S.C. § 1 or simply IRC §1), titled "Tax Imposed" is the law that imposes a federal income tax on taxable income, and sets forth the amount of the tax to be paid. A similar tax on corporations is set forth in IRC §11. Within the layout of the IRC, this section appears as follows:

  7. Is Gross Income Before or After Taxes? - AOL

    www.aol.com/gross-income-taxes-210844041.html

    Gross pay refers to what you earn before taxes, benefits and other payroll deductions are withheld from your salary or wages. The amount remaining after all withholdings are accounted for is net pay.

  8. Extraterritorial income exclusion - Wikipedia

    en.wikipedia.org/wiki/Extraterritorial_income...

    Extraterritorial income is the gross income of the taxpayer attributable to foreign trading gross receipts. The taxpayer reported all of its extraterritorial income on its tax return. The taxpayer used Form 8873 to calculate its exclusion from income that is qualifying foreign trade income.

  9. These Are the Receipts To Keep for Doing Your Taxes - AOL

    www.aol.com/finance/receipts-keep-doing-taxes...

    Gathering and saving receipts and tax documents is an important part of filing taxes and receiving your refund quickly. Whether you take the standard deduction or itemize deductions, most people

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