Tax-Exempt Interest.

The tax-exempt interest is the interest income that is exempt from federal income tax. It includes the interest on municipal bonds and other tax-exempt securities. The tax-exempt interest is not subject to tax at the federal level, but it may be subject to state and local taxes. What type of interest income is tax-exempt? Interest … Read more


The term “import” refers to the process of bringing goods or services into a country from another country. This can be done either by buying goods or services from another country, or by receiving them as a gift or loan. What is FOB value? FOB value is the value of goods shipped from one country … Read more