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 also federal/state income taxes, real estate taxes, property tax, sales tax, hotel tax, local tax, and sin tax. These are all of the taxes that we must pay every year.Some residents in certain states are exempt from various taxes stated above. For example, Florida has no state income tax, but their rates for other taxes are higher to level out the taxation field. The main taxes are income tax at the federal and state level, real estate tax, property, and sales tax. Those are generally the taxes that end up in a higher percentage of our overall taxes. Hotel tax, local tax, and sin tax are smaller taxes and rely mostly on our habits as consumers/customers.

Find Accountants in Orange County

Hs Income Tax Services
1048 W. 17th St
Santa Ana, CA 92706
Mandy Chang CPA
970 Roosevelt, Ste 204
Irvine, CA 92620
Liberty Tax Service
2050 W. Whittier Blvd
LA HABRA, CA 90631
Sackett Financial Group
915 W Imperial Hwy Ste 160
BREA, CA 92821
John S Balisy & Co An Accounting Co
12831 Newport Ave Ste 200
Tustin, CA 92780
Sandoual Income Tax Service
903 S Euclid Ave
ANAHEIM, CA 92802