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5/1/23lstRESOLUTION NO. 7023BY:MARK CASSELBERRY (By Request Auditor)A RESOLUTION ADOPTING THE TAX BUDGET OF THE CITY OF PARMA, OHIO, FOR THE YEAR 2024, AND DECLARING AN EMERGENCYWHEREAS, the tax budget
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Tax budget is the estimated financial plan for a certain period that outlines the expected revenue and expenses related to taxes.
Taxpayers or organizations that are subject to tax obligations are required to file a tax budget.
Tax budget can be filled out by providing accurate information on estimated revenue, expenses, and deductions related to taxes.
The purpose of tax budget is to plan and manage finances effectively, ensure compliance with tax laws, and assess the feasibility of tax obligations.
Information such as income, expenses, deductions, credits, and any other relevant tax-related details must be reported on a tax budget.
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