In simple terms, taxes are mandatory payments made by individuals to the government. These funds are used for various purposes,…
Tax
Understanding Taxes
The first step in understanding taxes is to understand the purpose of the government’s tax breaks. These incentives are intended…
Types of Taxes
You’ve probably heard of various types of taxes, but what do they all mean? Before you can understand what they…
What Is Income Tax?
What is income tax? It is a tax imposed by the government on the income of an individual or entity.…
Are Payroll Taxes Fair?
While the question of whether or not payroll taxes are fair may seem complicated, the facts are that the employees…