Related Tax Questions
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 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
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
What are the different types of taxes?
There are many different types of taxes that we pay on a yearly basis. Although there are really only two big categories: personal and business, there are...... Read More
Which states don't have state taxes?
Unfortunately, all 50 states have taxes in some way, shape, or form. Otherwise their governments will not be able to function without having any...... Read More
What are a democrats beliefs on taxes?
As Republicans seek to lower nationwide taxes in an effort to promote big business and to keep the wealthy from using their money elsewhere, Democrats...... Read More
Do you have to pay taxes?
Taxes are the backbone that allows the government to maintain a stable society and infrastructure. It is the primary source of... ... 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