Ability to pay
Definition:
A concept of tax fairness that states that people with different amounts of wealth or different amounts of income should pay tax at different rates. Wealth includes assets such as houses, cars, stocks, bonds, and savings accounts. Income includes wages, interest and dividends, and other payments.
Source: Understanding Taxes - Glossary - irs.gov
|
Income Tax Glossary » Letter |
|---|
I am accurate, experienced, fast and friendly. Call to make your appointment today (805) 625-0796. I understand Ability to pay and am a California registered and bonded professional. For income tax in Fillmore, CA call CEL Financial today.
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!
