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Taxes

Published on Nov 22, 2015

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PRESENTATION OUTLINE

WHAT I KNOW

ABOUT TAXES

WHAT ARE TAXES?

MONEY PAID TO FUND THE GOVERNMENT TO SUPPORT FACILITIES OR SERVICES

WHAT IS A COMMUNITY?

GROUP OF PEOPLE WORKING TOGETHER FOR A COMMON GOOD.

BENIFITS OF TAXES?

HELP FUND CREATIONS OF ROAD, SCHOOL, POLICE AND FIRE.

INCOME TAX?

TAX ON EARNED AND UNEARNED INCOME.

PAYROLL TAX?

TAX ON EARNED INCOME THAT SUPPORTS S.S. AND MEDICARE.

PROPERTY TAX?

TAXED ON PROPERTY- LAND AND HOMES

SALES TAX?

TAX ON ITEAMS PURCHASED IN RETAIL STORES.

EXCISE TAX?

CHARGED ON CONSUMPTION ITEAMS.

W-2 FORM?

FORM USED TO FILE TAXES.

W-4 FORM?

WHAT YOU WANT YOUR EMPLOYER TO TAKE OUT OF YOUR PAY FOR TAXES

DATE TO PAY YOUR TAXES?

APRIL 15TH

2 MOST IMPORTANT THINGS

IRS WILL COME AFTER YOU, TAXES ARE IMPORTANT FOR A COUNTRY