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Taxes

Published on Dec 03, 2015

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PRESENTATION OUTLINE

WHAT I KNOW ABOUT TAXES

HEATHER REMM

TAXES

MONEY DEMANDED BY THE GOVERNMENT TO PAY FOR SERVICES

COMMUNITY

GROUP OF PEOPLE WORKING TOGETHER FOR A COMMON GOOD

BENEFITS OF TAXES

PAYS FOR ROADS, LIBRARIES, MILITARY, OR EDUCATION SERVICES

INCOME TAX

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, BUILDINGS, AND VEHICLES

SALES TAX

TAX ON ITEMS PURCHASED IN RETAIL

EXCISE TAX

TAXES CHARGED ON CONSUMPTION ITEMS

W-2 FORMS

WAGE AND TAX STATEMENT

W-4 FORM

DETERMINES YOUR EMPLOYER YOUR TAX SITUATION

APRIL 15TH

WHEN TAXES ARE DUE

2 MOST IMPORTANT THINGS TO KNOW ABOUT TAXES