What I Know About Taxes
Published on Mar 16, 2016
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PRESENTATION OUTLINE
What I Know About Taxes
Katie Hurt
TAXES
money needed to support the government and services
Community
people working together for a common good
Benefits of Taxes
Helps support schools,roads,military,etc.
Income Tax
money earned from working for pay
Payroll Tax
a tax payed to help support Social Security and Medicare
Property Tax
a tax on property
Sales Tax
tax on items purchased in retail stores
Excise Tax
tax on consumption items
W-4 Form
a form you fill out that tells how much you want taken out for taxes
W-2 Form
the form you fill out to file your taxes
You have to file you taxes by April 15th
2 MOST IMPORTANT THINGS:
1- THEY WILL MOST LIKELY NEVER GO AWAY 2-THEY COME OUT OF YOUR PAYCHECK
