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Power Tax Relief excels at utilizing the Offer
in Compromise process, which is a credible means of
resolving federal tax liabilities. We are a licensed
Tax
Attorney Firm to represent our clients before
the IRS, State and any other Tax authority. If you
are under audit, involved in the collection process
or just have a tax notice you need help with, we are
able to represent you.
Your Website Should Be Here |
Taxes:
tax is a charge or other levy imposed on an individual
or a legal entity by a state or a functional equivalent
of a state (e.g., tribes, secessionist movements or
revolutionary movements). Taxes could also be imposed
by a subnational entity. Taxes may be part of a direct
tax or indirect tax, and may be paid in money or as
corvée labor. In modern, capitalist taxation systems,
taxes are levied in money, but in-kind and corvée
taxation are characteristic of traditional or pre-capitalist
states and their functional equivalents. The means
of taxation, and the uses to which the funds raised
through taxation should be put, are a matter of hot
dispute in politics and economics, so discussions
of taxation are frequently tendentious. Public finance
is the field of political science / economics that
deals with taxation.
Many taxes were originally introduced to fund wars
and are still in place today, such as those raised
by the American government during the American Civil
War (1861-1865) and the telephone tax instigated at
the start of World War I (War Tax Revenue Act of 1914).
Income tax was first introduced into Britain in 1798
to pay for weapons and equipment in preparation for
the Napoleonic wars and into Canada in 1917 as a "temporary"
tax under the Income War Tax Act to cover government
expenses resulting from World War I. |
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