Taxes 101: From Understanding Forms and Filing to Using Tax Laws and Policies to Minimize Costs and Maximize Wealth, an Essential Primer on the U.S. Tax System.

Income tax; Income; United States. Internal Revenue Service; Entrepreneurship; Fiscal policy; Tax incidence; Municipal bonds

This article is a review of the book "Taxes 101: From Understanding Forms and Filing to Using Tax Laws and Policies to Minimize Costs and Maximize Wealth, an Essential Primer on the U.S. Tax System" by Michele Cagan. The book provides a helpful overview of the U.S. tax system, explaining how tax code is created and regulated. It offers guidance on filing income taxes, including reporting all forms of income and using the appropriate tax forms for different business structures. The book also covers deductions for student loans, medical expenses, and investments. While it does not replace the expertise of a tax professional, it provides clear explanations for taxpayers looking to understand the basics of the U.S. tax system. [Extracted from the article]