The Tax Preparation Companies Los Angeles & Pacoima

Tax is  directly on personal or corporate income, then it is a direct tax.
If tax is  on the price of a good or service, then it is called an indirect tax
The purpose of taxation is to government expenditure. Government Expenditure use money on the public services like construct school, bridges  etc and other planing for development country work.


There are four types of taxes :-

1}   Income tax
2}    Negative income tax
3}    Capital gains tax
4}    Corporate tax

Tax is a levied, where it is taken by us for our development.
If you not pay income tax timely then get realty for the penalties. Each type of tax has its own penalties associated with it.