Money taken
Money that is deducted to be used either state or federally.
What are Taxes
We fill out forms and send to the IRS every year.
What is The Internal Revenue Service.
A TAX on money or property that one living person gives to another.
What is a GIFT TAX
Taxes paid on the wages and salaries of employees to finance social programs like Social Security, Medicare, and unemployment
What is Payroll Tax
Employers are required to report an employee's wage and salary information
What is a W2 Form
A TAX one expects to owe for the current tax year.
Tax paid to a governing body for sales of certain goods and services.
What is Sales Tax
What is a W4 form
What is a TAX BRACKET
An amount of money subtracted from your income when you file so you don't pay tax on it.
What is a Tax Deduction
Tax forms that include false exemptions, deductions.
What is Tax Fraud
A tax paid on wages
What is a PAYROLL TAX
A tax levied by the US on the annual earnings of individuals, corporations, trusts or other legal entities.
What is Federal Income Tax
Used to report Payments made in the course of trade or business to another person or business who is not an employee.
What is a 1099-MISC
What is TAX FRAUD