Tax Forms

Income Tax Return
An Income Tax Return (ITR) is a form filed with a tax authority that reports income, expenses, and other relevant financial information. Tax returns are used by individuals and businesses to calculate their tax liability, schedule tax payments, or request refunds for the overpayment of taxes.
Internal Revenue Service (IRS)
The Internal Revenue Service (IRS) is an agency of the federal government responsible for the administration and collection of federal income taxes. As part of the Department of the Treasury, the IRS prints and distributes tax forms and audits tax returns.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.