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Glossary Definition

What is Passive Income?

Passive income comes from an activity in which an individual is not actively involved, such as a rental property or a business the individual does not play an active role in. The IRS collects income tax on passive income.

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Corvee Blog

Read the latest tax planning thought leadership from Corvee.

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Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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