Related Tax Questions
How do you calculate taxes?
Taxes work in many different ways, and come in many different forms. There are the federal and state income tax, property tax, estate...... Read More
What are the differences between taxes and audits?
Taxes and audits are two completely different things. Taxes are mandatory payments you make to the government for being an income-earning...... Read More
Can lower taxes on dividends and capital gains help hasten an economic recovery?
The answer to this question can go different ways depending on the type of economist you are. Some economists believe lowering taxes...... Read More
What is the California state income tax rate?
The California state income tax rate is a very different rate as opposed to other states. Most states impose one specific rate for...... Read More
Do you have to file taxes on an inheritance?
Taxes are pretty strict. You must pay taxes on your income, your property, your estate, your goods and services you pay for every day, hotel taxes, and...... Read More
Who collects state income taxes?
The way taxes work are that we pay them on the federal and the state level. Rates differ from state to state, but taxes generally work all the...... Read More
Can you move out of the US if you owe back taxes?
When you are an individual who owes the IRS back taxes, that means you have overdue taxes from previous years that need to...... Read More
What are payroll taxes?
When you are an employee of a company, you are expected to pay taxes of some sort to the federal and state governments. The taxes levied...... Read More
What allows the U.S. Congress to collect individual income taxes?
The 16th amendment permits the United States Congress to levy taxes on the individual incomes without dividing the revenue to the states. The amendment was passed in...... Read More
How can you file taxes online yourself?
Doing your own taxes by yourself is actually easier than most people think, but it does require strict following of instructions or else...... Read More
What happens if you dont pay your taxes?
If you fail to pay your taxes, or even fail to file them altogether, the consequences could be dire. First and foremost, you receive...... Read More