Taxes
Published on Nov 19, 2015
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PRESENTATION OUTLINE
TAXES
MONEY DEMANDED BY GOVT. TO SUPPORT IT
COMMUNITY
GROUP OF PEOPLE WORKING FOR COMMON GOOD
BENEFIT OF TAXES
A COMMUNITY PROVIDES FOR ONE ANOTHER - FUNDING
INCOME TAXES
TAX ON EARNED AND UNEARNED INCOME
PAYROLL TAX
TAX ON EARNED INCOME SUPPORTING SOCIAL SECURITY AND MEDICARE
PROPERTY TAX
TAX ON PROPERTY YOU OWN (LAND, BUILDINGS, VEHICLES)
SALES TAX
TAX ON ITEMS PURCHASES IN RETAIL STORES
EXCISE TAX
TAXES CHARGED ON CONSUMPTION ITEMS
W-2 FORM
HOW MUCH YOU EARNED IN A YEAR AND AMOUNT TAKEN OUT FOR TAXES
W-4 FORM
AMOUNT TAKEN OUT OF YOUR PAYCHECK FOR TAXES
WHEN ARE TAXES DUE BY
APRIL 15
IMPORTANT TAX FACTS
- YOUR PAYCHECK IS ALWAYS LESS BECAUSE OF THE TAXES TAKEN OUT
- ALL TAXES HELP FUND THINGS THAT BENEFIT A GROUP OF PEOPLE
