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A group of managers is reviewing resumes from job applicants for a sales position. The group throws away the resumes of applicants who don't have sales experience. The group is
Tax Assessment
Tax assessment is the process of determining the value of a property, or the income of an individual or business, for the purpose of levying taxes.
Simplified Tax Formula
A streamlined calculation to determine taxable income by subtracting allowable deductions and exemptions from gross income.
Income Tax Returns
Income Tax Returns are forms filed with a taxing authority that report income, expenses, and other pertinent tax information, used to calculate tax liability.
Private Letter Ruling
A written decision by the Internal Revenue Service in response to a taxpayer's request for clarification on a specific tax issue, applicable only to the individual or entity that requested it.
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