Search: if im 16 do i have to pay taxes

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blic debt. ~ Public revenue is the income of the Government raised from all sources in order to meet the public expenditure. *MEANING: ~ Public revenue refers to government revenue. The important sources of public revenue are taxes, sale of public goods and services, fees, fines, donations, etc. ~ The source of public revenue can be : TAX REVENUE, NON-TAX REVENUE. *SOURCES: A) TAX REVENUE: ~ Taxes are the most vital sources of public revenue. ~ ‘…

Filed under Tax Gift by on . Comment#

How many times have you heard someone say, “I don’t pay any taxes. My accountant takes real good care of me . . . I haven’t paid a dime in taxes in years.” Does that outrageous statement sound familiar? Maybe it’s your brother-in-law, or a fellow Soccer Mom, or a co-worker at the office. And so you think to yourself, “What am I doing wrong? How come I’m paying taxes and so-and-so says he/she pays nothing…

Filed under Tax Refunds by on #

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by Sir Garlichad Tax Help If you filed for an extension to file your tax returns in April, your taxes must be filed by October 15. The worst thing in the world you can do is not file your income tax return on time because you don’t have money to pay what’s owed!  Here’s what you need to do, if this is your situation: File your tax return on or before October 15th and send it in with a money order or cashier’s check for .00.  This will ensure tw…

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With all the talk of the rich not paying their fair share of taxes and the tax cuts earlier this decade only going to the rich, here are some facts to contemplate and you as the reader can make up your own opinion. The statement above could be true when you look at it from a pure dollar point of view. Someone who makes $500,000 versus someone who makes $50,000, if they each get a 5% tax cut, the first one pays $25,000 less in taxes, where the s…

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by McBeth Irs Tax Refund Because of back again taxes to the IRS is a lot more common than most people think a lot. Each 12 months, tens of 1000′s of folks who can not pay out taxes. Most people’s troubles proceed to increase the amount of taxes due, why not operate with the IRS to resolve it. If a individual fails to pay the taxes because of, the IRS will tack on curiosity and penalties to resolve their tax dilemma. Several individu…

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