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Taxes

Published on Nov 18, 2015

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PRESENTATION OUTLINE

WHAT I KNOW ABOUT TAXES

AUNNA RAYE MORFORD(:

TAXES?

A SUM OF MONEY DEMANDED BY THE GOVERNMENT

WHAT IS A COMMUNITY

A COMMUNITY IS A GROUPOF PEOLPE THAT WORK TOGETHER FOR A COMMON GOOD

WHAT ARE THE BENEFITS OF TAXES?

WE GET BETTER ROADS, SCHOOLS, POLICE ETC.

INCOME TAX?

TAX EARNED AND UNEARNED INCOME

WHAT IS PAYROLL TAX?

TAX EARNED ON INCOME THAT SUPPORTS THE S.s & MEDICARE PROGRAMS

PROPERTY TAX

TAX ON LAND, BUILDINGS, CARS

SALES TAX

TAX ON RETAIL ITEMS

EXCISE TAX

TAX CHARGED ON CONSUMPTION ITEMS

W-2 FORM?

GIVEN BY EMPLOYER TO TELL HOW MUCH MONEU WAS TAKEN OUT FOR TAXES

W-4

FILLED OUT WHEN HIRED. TELLING HOW MUCH MONEY NEEDS TO BE TAKEN OUT

WHEN DO YOU HAVE TO PAY TAXES BY?

APRIL 15TH

WHAT ARE TWO IMPORTANT THINGS TO KNOW ABOUT TAXES