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Automation Is Described in the Textbook as __________

question 41

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Automation is described in the textbook as __________.


Definitions:

Real Estate Taxes

Taxes imposed by local government agencies on properties based on the assessed value of the property.

State Income Taxes

Taxes imposed on individuals or entities by individual states on the income earned within that state.

Tax-Deferred Savings

Investment accounts, like IRAs and 401(k)s, where contributions and earnings are tax-exempt until withdrawal, typically at retirement.

Flexible Spending Account

A special account you put money into that you use to pay for certain out-of-pocket health care costs, using pre-tax dollars, thus reducing taxable income.

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