Income Tax Preparation - P http://www.taxprepfillmore.com/taxonomy/term/13/0 en Public goods and services http://www.taxprepfillmore.com/income-tax-glossary/p/public-goods-and-services <p>Benefits that cannot be withheld from those who don't pay for them, and benefits that may be "consumed" by one person without reducing the amount of the product available for others.</p> <p><a href="http://www.taxprepfillmore.com/income-tax-glossary/p/public-goods-and-services" target="_blank">read more</a></p> P Tue, 12 Oct 2010 03:47:37 +0000 admin 73 at http://www.taxprepfillmore.com Payroll taxes http://www.taxprepfillmore.com/income-tax-glossary/p/payroll-taxes <p>Include Social Security and Medicare taxes.</p> P Tue, 12 Oct 2010 03:47:37 +0000 admin 66 at http://www.taxprepfillmore.com Personal exemption http://www.taxprepfillmore.com/income-tax-glossary/p/personal-exemption <p>Can be claimed for the taxpayer and spouse. Each personal exemption reduces the income subject to tax by the exemption amount.</p> P Tue, 12 Oct 2010 03:47:37 +0000 admin 67 at http://www.taxprepfillmore.com Personal Identification Number (PIN) http://www.taxprepfillmore.com/income-tax-glossary/p/personal-identification-number-pin <p>Allow taxpayers to "sign" their tax returns electronically. The PIN, a five-digit self-selected number, ensures that electronically submitted tax returns are authentic.</p> <p><a href="http://www.taxprepfillmore.com/income-tax-glossary/p/personal-identification-number-pin" target="_blank">read more</a></p> P Tue, 12 Oct 2010 03:47:37 +0000 admin 68 at http://www.taxprepfillmore.com Progressive tax http://www.taxprepfillmore.com/income-tax-glossary/p/progressive-tax <p>A tax that takes a larger percentage of income from high-income groups than from low-income groups.</p> P Tue, 12 Oct 2010 03:47:37 +0000 admin 69 at http://www.taxprepfillmore.com Property taxes http://www.taxprepfillmore.com/income-tax-glossary/p/property-taxes <p>Taxes on property, especially real estate, but also can be on boats, automobiles (often paid along with license fees), recreational vehicles, and business inventories.</p> P Tue, 12 Oct 2010 03:47:37 +0000 admin 70 at http://www.taxprepfillmore.com Proportional tax http://www.taxprepfillmore.com/income-tax-glossary/p/proportional-tax <p>A tax that takes the same percentage of income from all income groups.</p> P Tue, 12 Oct 2010 03:47:37 +0000 admin 71 at http://www.taxprepfillmore.com Protective tariff http://www.taxprepfillmore.com/income-tax-glossary/p/protective-tariff <p>A tax levied on imported goods with the purpose of reducing domestic consumption of foreign-produced goods.</p> P Tue, 12 Oct 2010 03:47:37 +0000 admin 72 at http://www.taxprepfillmore.com