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Individual income taxes often tax the total income of the individual, with some deductions permitted, while corporate income taxes often tax net income which is the difference between gross receipts, expenses, and additional write-offs. (Rubin, 2007)
We generally don't think much about taxes except during the annual tax season. It's probably the most dreaded time of the year for millions of Americans, yet we circle it on our calendars along with holidays and birthdays. But little joy is connected to April 15, which is the deadline for filing tax forms; this deadline doesn't always fall on the 15th...
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