Federal Tax

Federal Estate Tax: Comprehensive Guide
A detailed exploration of the Federal Estate Tax, including its history, applicability, key events, types, mathematical models, and more.
Generation-Skipping Transfer Tax (GSTT): A Federal Tax on Transfers
The Generation-Skipping Transfer Tax (GSTT) is a federal tax imposed on transfers of property to individuals who are at least two generations younger than the donor.
Unified Estate and Gift Tax: Comprehensive Guide
A comprehensive guide on the Unified Estate and Gift Tax, a federal system combining estate and gift taxes with a cumulative exemption limit.
AUTOGEN: Automated Generation of Federal Tax Deposit Coupon
The AUTOGEN (Automated Generation of Federal Tax Deposit Coupon) form is a document mailed by the IRS to a taxpayer to accompany the employment tax deposit at any Federal Reserve Bank.
Federal Unemployment Tax Act (FUTA): Federal Unemployment Insurance Paid by Employers
The Federal Unemployment Tax Act (FUTA) establishes a federal framework for unemployment insurance, requiring employers to contribute to the federal unemployment fund based on employee wages, with provisions for state tax credits.
Gas Guzzler Tax: Understanding Its Implementation and Impact
The Gas Guzzler Tax is a federal tax imposed on the sale, use, or lease of vehicles that do not meet specific fuel economy standards. Learn its history, applicability, and impact on consumers and manufacturers.
Gift Tax: Understanding the Graduated Excise Tax
A comprehensive guide to understanding the Gift Tax, a graduated excise tax levied on the donor of a gift by federal and state governments, and its implications on estate planning.
Preference Item: Understanding Tax Preference Items
Detailed explanation of tax preference items, their types, historical context, and impact on tax calculations.
Exempt Income: Comprehensive Definition, Examples, and Tax Rules
A detailed guide on exempt income, including its definition, examples, and the specific tax rules governing it. Understand the types of income that are not subject to federal or state income tax and the implications for taxpayers.

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