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Definitions from the Web

Federal Tax

Definition: Federal tax refers to the money levied by the federal government on individuals, businesses, and other entities to fund government expenditures and programs.

Examples:

Noun:

1. The federal tax rates vary based on taxable income.
2. Paying federal tax on time is important to avoid penalties.
3. Businesses need to file their federal tax returns annually.

Adjective:

1. The federal tax code underwent significant changes last year.
2. Understanding the federal tax system can be quite complex.
3. They were unaware of the federal tax regulations and faced legal consequences.

Related Products:

• Books on Federal Tax
• Federal Tax Software
• Federal Tax Forms and Publications