Taxes cover a variety of topics. Most people who search for tax courses are looking for courses to teach them how to prepare income tax returns. These courses are more commonly referred to as tax preparation courses, or more specifically income tax preparation courses.
In addition to income taxes, courses are available to assist in understanding real estate taxes, employer taxes, sales taxes, excise taxes, import taxes (also known as tariffs), and international business taxes. Real estate taxes are normally taught by educational facilities or associations that specialize in real estate law and licensing.
A tax is a financial charge or other liability imposed upon a taxpayer by a local, state or government entity. The tax can be imposed on an individual person or on a business entity such as a corporation or association. Failure to pay taxes when due is punishable by law. Taxes are also imposed by many administrative divisions.
Money raised by taxation is by local, state, and federal agencies to provide their designated functions. Some of these include expenditures on war, the enforcement of law and public order, protection of property, and economic infrastructure such as roads. A portion of taxes also go to pay off the government’s debt and the interest this debt accumulates. Governments also use taxes to fund welfare and public services.