Income Tax Preparation

CEL Financial Services - Income Tax Preparation - Mobile Tax Preparer - Serving Fillmore, CA

tax return glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

R

Refund

Money owed to taxpayers when their total tax payments are greater than the total tax. Refunds are received from the government.

Source: Understanding Taxes - Glossary - irs.gov

Regressive tax

A tax that takes a larger percentage of income from low-income groups than from high-income groups.

Source: Understanding Taxes - Glossary - irs.gov

Resources

Factors needed to produce goods and services (natural, human, and capital goods).

Source: Understanding Taxes - Glossary - irs.gov

Revenue

The income the nation collects from taxes.

Source: Understanding Taxes - Glossary - irs.gov

Revenue tariff

A tax on imported goods levied primarily to generate revenue for the federal government.

Source: Understanding Taxes - Glossary - irs.gov

Affordable Income Tax Preparation in Fillmore, CA

Christopher Lee, MPA ยท Registered CTEC Tax Preparer

Have your tax return done:

  • Professionally
  • Promptly
  • And in strict confidence
  • Individual & Small Business returns — Basic or involved
  • Back income tax returns that need filing or amending
  • IRS NOTICES — I can help with the proper response

A fast return brings:

  • Good news to a bad economy!

Tax Term of The Week

Revenue tariff - A tax on imported goods levied primarily to generate revenue for the federal government. More...