Taxes
Published on Nov 19, 2015
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MORE DECKS TO EXPLORE
PRESENTATION OUTLINE
WHAT I KNOW ABOUT TAXES
BY CAIN COONTZ
TAXES
A CERTAIN PERCENTAGE OF MONEY THE GOVERNMENT WANTS FOR EACH PURCHASE
BENEFITS OF TAXES
CAN PAY FOR CERTAIN SERVICES OR BUILDINGS FOR YOUR COMMUNITY
INCOME TAX
MONEY YOU EARN IS TAXED BASED ON HOW MUCH YOU EARN
PAYROLL TAX
SUPPORTS AND PAYS FOR SOCIAL SECURITY AND MEDICARE
PROPERTY TAX
TAXES PUT ON PROPERTY
SALES TAX
TAX ADDED TO PURCHASES IN STORE, SHOPS, ETC...
EXCISE TAX
TAXES PUT ON USABLE ITEMS SUCH AS GAS, FOOD, ETC...
W-2 FORM
FORM TO SHOW HOW MUCH MONEY YOU HAVE EARNED IN THE PAST YEAR
W-4 FORM
FORM TO SHOW HOW MUCH MONEY SHOULD BE WITHHELD FROM YOUR PAYCHECK
TAXES DUE BY
APRIL 15TH
TWO IMPORTANT THINGS
- If you don't pay taxes the IRS will alert you of your unpaid taxes
- Taxes help you in an indirect way, giving you roads, schools, and many things
Photo by VinothChandar
