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Personal Finace

Published on Nov 22, 2015

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PRESENTATION OUTLINE

WHAT I KNOW ABOUT TAXES

JORDAN THEISEN

WHAT ARE TAXES

TAXES ARE PAYMENTS TO THE GOV. TO HELP PAY FOR THE COMMUNITY

WHAT IS COMMUNITY

A COMMUNITY IS A GROUP OF PEOPLE LIVING IN ONE AREA

BENEFITS OF TAXES

IT HELPS PAY FOR ROADS, SCHOOLS, AND MILITARY

INCOME TAX

TAX LEVIED BY THE GOV. DIRECTLY ON INCOME

PAYROLL TAXES

taxes that employers are required to pay when they pay their staff their salarie

PROPERTY TAXES

levy on property that the owner is required to pay.

EXCISE TAXES

annual tax that must be paid prior to registering your vehiclE

W-2 FORM

A form reporting one's compensation as an employee during a year at an employer

W-4 FORM

Employee's Withholding Allowance Certificate

TAXES DATES

TAXES IS DUE ON APRIL 15

TWO IMPORTANT THINGS ABOUT TAXES

  • Taxes benefits more than just you
  • Taxes helps pay for the military