Are you expecting a big tax refund this year? If so, how do you plan to spend it? Did you know that, according to the IRS, the average refund received by taxpayers in tax year 2009 was $2,994 (up from $2,836 in tax year 2008)?
April 15th. That’s SO last year! That’s the date we all have in our heads when it comes to taxes. This year’s tax deadline is April 18. Depending on your situation, there are many more dates of interest, so let’s take a look at how my friends at the IRS have their 2011 calendar marked.
Have you noticed that your net pay on your paychecks is smaller than your gross pay? Why is it that? As you’ve probably seen, some of that money is allocated for various things such as Social Security, Medicare, retirement, health insurance, and , of course, taxes.
Corporate income tax rates are part of the burden that businesses around the world carry with them. On average it accounts for 38% of the Total Tax Rate for individual countries. Here we look at which countries carry the highest corporate tax burdens and narrow in on the United States specifically.
If you’ve managed to land a new job in this economy, congratulations are in order. As of November 2010, the nation’s unemployment rate remained at a historically high 9.3%. Here are the tax implications of your new job.
In most conversations, when we talk about taxes, we’re pretty focused on the Federal Rates, most of us painfully aware of how much of that next dollar earned will be shared with Uncle Sam. What about state taxes?
Congratulations, you just got a raise! You’ve worked hard to build your company and your boss noticed enough to reward you for the effort. Now you can sit back and relax, right? Not quite, you may want to look at how your increased income affects your taxes in present filing year.
Ask anybody about taxes, and you’re sure to get an earful. Some think we are taxed too much, while others believe we are not taxed enough. The one thing that is safe to assume, is that there are a number of taxes in America (typically unique to just one State) that tend to be on the weirder side. From pets to bagels, to candy to crack, here are America’s most bizarre taxes.