Related Tax Questions
What is the maximum you can make without having to paying taxes?
Everybody must pay taxes if they make a sizable enough income. Typically if you have a job and you receive a wage, then chances are...... Read More
Can you still file taxes even though your employer didnt pay them but still took them out of your pa
When you are an employee of a company who makes a wage that would provide a yearly salary of over $10,000, then you are...... Read More
Do federal tax liens go away upon sale of the property to another owner?
Federal tax liens work in a way that when an owner of a property fails to pay their taxes, the government can establish a...... Read More
What branch of government has the power to tax?
Amongst the three branches of government, only one branch can tax the people of the United States. Granted by Article I, Section 8 of...... Read More
Is the federal income tax a progressive tax or a regressive tax?
A progressive tax is when the government imposes a tax code that allows them to charge higher taxes to those who have a lot of income, while charging a lower rate to those with a lower income. A regressive tax is when the complete opposite happens. The go... Read More
What is the most important incentive of a taxation strategy?
There are many reasons why our government taxes us in so many ways. We have to pay income tax on the federal and state...... Read More
What is the difference between duty and tax?
A duty and a tax are similar in which they are the revenues generated by the government at the state and federal levels in order to...... Read More
What is the IRS and what do they do?
The IRS stands for the Internal Revenue Service and it stands as the official revenue service of the United States Federal Government. They are a...... Read More
How do you file state and federal taxes if you did not file last year?
We are subject to file our taxes at the federal and state level by the April 15th deadline every year. Failure to file and pay causes for...... Read More
How long does it take to get your federal tax return back in the mail?
Unfortunately, it does take quite awhile for you to receive your federal tax returns back in the mail. Ideally, it roughly takes about...... Read More
Is it possible to create your own tax lien certificate by placing a lien on someone's home without t
A tax lien is when the government imposes a control on a property of an owner who has failed to pay property and estate taxes, or even...... Read More