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What I Know About Taxes

Published on Nov 21, 2015

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PRESENTATION OUTLINE

TAXES

MONEY DEMANDED BY THE GOVERNMENT TO SUPPORT THE GOVERNEMENT ITSELF
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COMMUNITY

A GROUP OF PEOPLE WORKING TOGETHER FOR A COMMON GOOD

BENEFITS OF TAXES

ROADS, PUBLIC SCHOOLS, POLICE/FIRE DEPARTMENTS, AND MILITARY
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INCOME TAX

A TAX ON EARNED AND UNEARNED INCOME

PAYROLL TAX

TAX ON EARNED INCOME THAT SUPPORTS SOCIAL SECURITY AND MEDICARE

PROPERTY TAX

TAX ON PROPERTY SUCH AS LAND, BULIDINGS, AND VEHICLES
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SALES TAX

TAX ON ITEMS THAT ARE PURCHASED IN RETAIL STORES

EXCISE TAX

TAXES CHARGED ON CONSUMPTION ITEMS
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W-2 FORM

FORM YOU RECEIVE THAT DETERMINES THE EXACT AMOUNT TAKEN OUT

W-4 FORM

FORM THAT IS FILLED OUT TO DETERMINE HOW MUCH IS TAKEN OUT

TAXES NEED TO BE PAID BY?

APRIL 15TH
Photo by mathowie

THINGS TO KNOW ABOUT TAXES

TAXES PAY FOR THINGS YOU CAN'T AND ALWAYS PAY THEM ON TIME