The Tax Preparation Blog » Tax Rates

Income Tax Australia Rates

admin — Wed, 13 Apr 2011 06:38:59 +0000

Question: Hello friends i need following info?I want to find out the income tax rates in western australia ? do we have to declare and pay taxes on all our salaries and wages? are we pay taxes only at the end of tax year or monthly it is deduct fro salary?Answer: This may be some help, look [...]

Income Tax Australia Rates is a post from: The Tax Preparation Blog

Federal Tax Rates 2007

admin — Sun, 10 Apr 2011 02:56:54 +0000

Question: Which produce higher tax revenues for the Federal Government; Bush tax CUTS or Obama tax HIKES?Bush Tax cuts of 2001 and 2003 http://www.usgovernmentrevenue.com/#usgs… http://data.bls.gov/PDQ/servlet/SurveyOu… RESULTS: INCOME TAX REVENUE BY YEAR: ( In Billions) 2003 = 925 2004 = 998 2005 = 1,206 2006 = 1,398 2007 = 1,534 WOW.. Now isn’t that Interesting.. How could revenue go UP, when taxes go DOWN ???? ANSWER: Unemployment rates [...]

Federal Tax Rates 2007 is a post from: The Tax Preparation Blog

Income Tax Rates 2009 Irs

admin — Mon, 28 Mar 2011 18:53:48 +0000

Question: Student loan interest deduction causing negative adjusted gross income?Hi, I am in my 20’s and I’m a student first time filing my 2009 taxes. I worked one week, and earned 760. I paid 5000 in student loan interest and the IRS allows students to claim up to 2500 student loan interest deduction. So if [...]

Income Tax Rates 2009 Irs is a post from: The Tax Preparation Blog

Income Tax Higher Rate

admin — Sun, 06 Mar 2011 15:43:03 +0000

Question: what will be my (income) tax rate for 401K withdrawal after retirement?Let’s say I’m 65 years old now, not yet retiring. My current income is about $200K, so my income tax rate is the highest (state & federal.) In a few years, I will retire and plan to withdraw about $50K per year from [...]

Income Tax Higher Rate is a post from: The Tax Preparation Blog

Rates Of Income Tax Ireland

admin — Thu, 17 Feb 2011 16:27:28 +0000

Question: Are corporate tax rates really a problem?Conservatives often point out that our corporate tax rates are the second highest in the world. However what they omit is the large amount of deductions and loopholes in the government, the IRS itself concludes that a quarter of corporations in the US don’t pay any corporate taxes [...]

Rates Of Income Tax Ireland is a post from: The Tax Preparation Blog

Federal Tax Mileage Rate 2008

admin — Sat, 12 Feb 2011 20:10:51 +0000

This is a Backgrounder On Transportation Abstract: The 2010 Heritage Foundation report “Wash ington’s War on Cars and the Suburbs” disputed Transpor tation Secretary Ray LaHood’s claims that public transit produces substantial economic benefits, consumes only one-fifth the energy of cars, and saves billions in other costs.Tax Tips & Advice : How to Deduct the Cost [...]

Federal Tax Mileage Rate 2008 is a post from: The Tax Preparation Blog

Income Tax Rates 2010

admin — Sat, 05 Feb 2011 06:07:39 +0000

Question: How many of you would support tax rates like the ones in Australia, state your party.?Tax rates 2010–11 Taxable income Tax on this income 0 – $6,000 [...]

Income Tax Rates 2010 is a post from: The Tax Preparation Blog

Corporate Income Tax Switzerland

admin — Sun, 23 Jan 2011 03:47:18 +0000

Question: Do you agree with libs that America should be just like other nations?I do. I agree 100% with the libs, America needs to become like other nations. We need to be like Albania during the Hoxha period where every single mosque was shut down and Islam was outlawed; we need to be like Switzerland [...]

Corporate Income Tax Switzerland is a post from: The Tax Preparation Blog

Federal Tax Marginal Rates

admin — Sat, 22 Jan 2011 08:03:54 +0000

Question: what was the lowest top federal income marginal tax rate for the wealthiest americans between 1936 and 1980?How did the U.S. economy do generally during that time span and how much of a budget deficit problem did we have?Answer: Partial History of U.S. Federal Income Tax Rates Since 1913 Applicable Year Income brackets First bracket Top bracket Source 1913-1915 – 1% 7% [...]

Federal Tax Marginal Rates is a post from: The Tax Preparation Blog

Income Tax Code’s Enumerated Deductions

admin — Tue, 18 Jan 2011 22:15:05 +0000

Income Tax Code’s Enumerated Deductions is a post from: The Tax Preparation BlogTags: income tax code's enumerated deductionsRelated posts Sorry, no related posts at this time.

Income Tax Code’s Enumerated Deductions is a post from: The Tax Preparation Blog

Federal Tax Percentage Rate

admin — Thu, 02 Dec 2010 03:07:01 +0000

Question: At what percentage rate does the IRS use to deduct Medicare,Social Security and Federal Withholding Tax?Answer: From your paycheck Social Security tax is withheld at 6.2% of the first $97,500 in wages for 2007 and the Medicare tax at 1.45% of all wages. The federal tax withholding depends upon your status (Single or Married) and [...]

Federal Tax Percentage Rate is a post from: The Tax Preparation Blog

State Income Tax Rate California 2009

admin — Mon, 29 Nov 2010 18:21:46 +0000

Question: Should severance pay count as employment earnings for Unemployment Claim?I was laid off last November 2008 and from December 2008 to March 2009 I was receiving “severance pay” from the employer that laid me off. The California Unemployment Office first counted the $14,000+ of severance pay for that 4-month duration as income for [...]

State Income Tax Rate California 2009 is a post from: The Tax Preparation Blog

Income Tax Rates 2011 India

admin — Mon, 29 Nov 2010 09:54:12 +0000

Question: FOR NRI, INCOME TAX RATES , RATE OF TDS FOR INTEREST AND ADVANCE TAX IN INDIA FOR ASSESSMENT YEAR 2010-2011?I have to file income tax return as an individual for the first time in india as NRI.. I have only pension income, and bank interest.Answer: In case you are out of India for [...]

Income Tax Rates 2011 India is a post from: The Tax Preparation Blog

Income Tax Married Filing Separately

admin — Mon, 29 Nov 2010 00:00:08 +0000

Question: if u r married and you file taxes separately how does it work?I m married and my mother in law wants her son(my husband) to file his taxes separately from my income taxes,does it mean our incomes are not community property? Or there s something else behind this that i don’t know because i am [...]

Income Tax Married Filing Separately is a post from: The Tax Preparation Blog

Income Tax Rate California

admin — Thu, 25 Nov 2010 22:11:43 +0000

Question: Tax rate in Texas & California for H1B Visa?Does anyone have idea about Tax in both states for h1b visa ? I really care about the actual income after tax. How about 45k in Texas compared to one in Califonia (say, san franciso) with 55k ? About how much I could get after tax [...]

Income Tax Rate California is a post from: The Tax Preparation Blog

Corporate Income Tax Illinois

admin — Thu, 11 Nov 2010 06:17:51 +0000

Question: Illinois Democrat Govenor proposes 20% tax reduction on business to stimulate economy, whats up?Aside form the capital spending provisions – claimed to support more than 700,000 jobs in the state – the governor’s stimulus package also includes a $300 per child tax credit for Illinois taxpayers and a 20 percent tax cut for businesses [...]

Corporate Income Tax Illinois is a post from: The Tax Preparation Blog

Income Tax Rates California

admin — Wed, 03 Nov 2010 16:20:05 +0000

Question: On California taxes are capital gains taxed at a special rate like federal taxes, or are they taxed the same?as normal wages? If they are taxed at a special rate, do I need to fill out a special form like the Schedule D Tax Worksheet? My capital gains are all federal capital gains. My [...]

Income Tax Rates California is a post from: The Tax Preparation Blog

Income Tax Flat Rate

admin — Mon, 25 Oct 2010 20:10:18 +0000

Question: Should We Have a Flat Rate Corporate Income Tax?Yes or No? Explain, best answer wins 10 points…Answer: The current tax code is a joke. More than nine thousand pages long, it is impossible to completely understand. The current tax code has many loop holes, which businesses have been able to exploit. Businesses have used [...]

Income Tax Flat Rate is a post from: The Tax Preparation Blog

Income Tax Rates History

admin — Mon, 18 Oct 2010 18:27:52 +0000

Question: Didn’t high top-tier tax rates end the depression, win WWII, and build the post-war middle-class boom?Extremely high government spending on manufacturing of armaments, starting in 1942, ended The Great Depression, in 1943. In 1944 and ‘45, top-tier tax rates (the highest in U.S. history) above 90% helped end the war and build the [...]

Income Tax Rates History is a post from: The Tax Preparation Blog

Corporate Income Tax Nevada

admin — Wed, 29 Sep 2010 12:31:19 +0000

Question: Which states do not have a corporate income tax?I believe Nevada does not have a corporate income tax but are there any others? I’m not asking about personal income tax or federal taxes.Answer: Nevada, Washington, and WyomingLas Vegas Corporations: Nevada: No Corporate Income Tax and No Personal Income Tax (Volume 2)$9.99Nevada does not levy [...]

Corporate Income Tax Nevada is a post from: The Tax Preparation Blog