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Gross Income
The total income earned by an individual or a business before any deductions or taxes are taken.
Royalties
A payment made to a patent owner, author, or composer for each sale or use of their work.
Tax Proration
The division of property taxes, insurance premiums, or other charges in proportion to time or use.
Annual Tax Bill
The total amount of taxes levied annually by various governmental entities, including federal, state, and local taxes.
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