taxes
April's dreaded paperwork
Taxes are compulsory payments to governments, levied on income, property, transactions, or goods.
The word usually appears as a plural because multiple types exist: income taxes, property taxes, sales taxes.
To tax something is to impose such a levy: The state taxes cigarettes heavily.
Figuratively, something that taxes you strains your resources or patience: The journey taxed her strength.
Federal tax collector
- federalDivided governmental authority
- stateCondition or mode
- localOf this area
- municipalOf city government
legislation · lawmakers · parliament · auditors · collectors · authorities · enforcement · assessment
Regular monetary receipts
- propertySomething owned or inherent
- salesRevenue from goods moved
- estateProperty and grounds
- capital gainsProfit from asset sales
payroll · excise · tariff · VAT · GST · inheritance · corporate · sin
Plan for spending
- deficitAmount still owed
- surplusAmount exceeding requirement
- expenditureMoney paid out
- policyAdopted principle of action
public spending · allocation · funding · stimulus · austerity · reform · progressive · regressive
Storing documents systematically
- returnsProfits from investments
- deductionsConclusions from reasoning
- withholdingKeeping from another
- recordkeepingMaintaining organized documentation
deadlines · penalties · exemptions · credits · 1040 · e-file · TurboTax · H&R Block
Away from land
- loopholesExploitable ambiguities in rules
- fraudIntentional criminal trickery
- havensProtected places of rest
- concealmentAct of hiding something
unreported · undeclared · shelters · Panama Papers · Cayman Islands · Swiss bank · shell companies · avoidance
Legal or financial obligation
- paymentFulfilling a financial obligation
- remittanceFunds sent elsewhere
- dueOwed or expected
- owedHad a debt
quarterly · annual · assessment · notice · bill · demand · arrears · installment
Of great mass
- strainExcessive stretching force
- oppressionUnjust exercise of power
- hardshipSuffering from difficult circumstances
- weightMeasure of heaviness
load · yoke · liability · encumbrance · dues · toll · exaction · responsibility
IRS
Federal tax collector
municipal · legislation · lawmakers · parliament · auditors · collectors · authorities · enforcement · assessment · jurisdiction
income
Regular monetary receipts
capital gains · payroll · excise · tariff · VAT · GST · inheritance · corporate · sin · luxury
budget
Plan for spending
- deficitAmount still owed
- surplusAmount exceeding requirement
- expenditureMoney paid out
policy · public spending · allocation · funding · stimulus · austerity · reform · progressive · regressive · flat
filing
Storing documents systematically
- returnsProfits from investments
- deductionsConclusions from reasoning
- withholdingKeeping from another
recordkeeping · deadlines · penalties · exemptions · credits · 1040 · e-file · TurboTax · H&R Block · CPA
offshore
Away from land
- loopholesExploitable ambiguities in rules
- fraudIntentional criminal trickery
- havensProtected places of rest
concealment · unreported · undeclared · shelters · Panama Papers · Cayman Islands · Swiss bank · shell companies · avoidance · schemes
liability
Legal or financial obligation
- paymentFulfilling a financial obligation
- remittanceFunds sent elsewhere
- dueOwed or expected
owed · quarterly · annual · assessment · notice · bill · demand · arrears · installment · settlement
heavy
Of great mass
- strainExcessive stretching force
- oppressionUnjust exercise of power
- hardshipSuffering from difficult circumstances
weight · load · yoke · liability · encumbrance · dues · toll · exaction · responsibility · drudgery
- expensesexpenses, expense, expenditure, cost, costs
- Money & Financecurrency, cash, coins, bills, wages
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- financial termswealth, asset, currency, balance sheet, audit
- life skillsreading, writing, cooking, cleaning, laundry
- taxeswithholding, VAT, GST, customs duty, FICA
taxesdonations
Gifts to organizations
voluntary contributions · charitable giving · gifts · philanthropy · charity
taxessubsidies
Financial aid from government
rebates · tax refunds · government grants · benefits · welfare
taxestax relief
Reduction in owed levies
tax breaks · exemptions · tax cuts · deductions · unburdens
- income taxGovernment charge on earnings
- tax returnIncome declaration to government
- sales taxGovernment percentage on purchases
- income taxesGovernment's share of earnings
- tax cutLegislated decrease in levy
- tax refundReturned excess withholding
tax, taxing, taxed, taxation, taxpayer, overtaxed, overtax, untaxed, pretax