Glossary of Terms

title

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

title2

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Understanding tax terminology can be confusing. Our glossary provides clear and concise definitions of common tax terms.

We will continuously add to this glossary as new terms arise.

[List of Tax Terms and Definitions]

Example:

• Adjusted Gross Income (AGI): Your total income minus specific deductions.

• Capital Gains: Profit from the sale of an asset held for investment.

• Deduction: An expense that reduces your taxable income.

• Dependent: A person who relies on you for financial support.

• Exemption: An amount that reduces your taxable income.