EAS TAX ADVANTAGE, INC

tax |taks|

noun
a compulsory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.


• [in sing. ] figurative a strain or heavy demand : a heavy tax on the reader's attention.
verb [ trans. ]
1 impose a tax on (someone or something) : hardware and software is taxed at 7.5 percent.
• figurative make heavy demands on (someone's powers or resources) : she knew that the ordeal to come would tax all her strength.
2 confront (someone) with a fault or wrongdoing : why are you taxing me with these preposterous allegations?
3 Law examine and assess (the costs of a case).
DERIVATIVES
taxable adjective
taxer noun
ORIGIN Middle English (also in the sense [estimate or determine the amount of a penalty or damages,] surviving in sense 3 ): from Old French taxer, from Latin taxare ‘to censure, charge, compute,’ perhaps from Greek tassein ‘fix.’

Thesaurus


tax
noun
1 they have to pay tax on the interest duty, tariff, excise, customs, dues; levy, toll, impost, tithe, charge, fee. antonym rebate.
2 a heavy tax on one's attention burden, load, weight, demand, strain, pressure, stress, drain, imposition.
verb
1 they tax foreign companies more harshly charge (duty on), tithe; formal mulct.
2 his whining taxed her patience strain, stretch, overburden, overload, encumber, push too far; overwhelm, try, wear out, exhaust, sap, drain, weary, weaken.

tax credit
noun
an amount of money that can be offset against a tax liability.

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