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Taxes

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PRESENTATION OUTLINE

1.

WHAT I KNOW ABOUT TAXES

JUSTIN FRITZ
Photo by Got Credit
2.

WHAT ARE TAXES

  • TAXES ARE A SUM OF MONEY THAT IS DEMANDED BY A GOVERNMENT TO SUPPORT THE GOVERNMENT ITSELF AS WELL AS SPECIFIC FACILITIES OR SERVICES
Photo by Alan Cleaver
3.

WHAT IS A COMMUNITY

A GROUP OF PEOPLE WORKING TOGETHER FOR A COMMON GOOD
Photo by Luz Adriana Villa A.
4.

BENEFITS OF TAXES

  • Roads
  • Education
  • Military
  • Police and fire department
Photo by mag3737
5.

INCOME TAX

TAX ON EARNED AND UNEARNED INCOME
Photo by 401(K) 2013
6.

PROPERTY TAX

TAX ON PROPERTY SUCH AS LAND, HOMES, VEHICLES
Photo by archer10 (Dennis) 197M Views
7.

SALES TAX

TAX ON ITEMS PURCHASED IN RETAIL STORES
8.

EXCISE TAX

TAXES CHARGED ON CONSUMPTION ITEMS
9.

W-2 FORM

FORM SHOWING HOW MUCH MONEY YOU EARNED, AND HOW MUCH MONEY WAS TAKEN OUT FOR TAXES
10.

W-4 FORM

FILL OUT AND GIVE TO EMPLOYER SHOW HOW MUCH YOU WANT TAKEN OUT OF YOUR PAYCHECK. BASED ON ALLOWANCES AND DEPENDENTS
11.

TAXES DUE DATE

TAXES ARE DUE APRIL 15
12.

MUST KNOW

PAY TAXES

Steve Wadoodle