Tax Law

A Free Service Provided By www.FactsOfLaw.com
Home

Sponsored Links

 


Click Above

Legal Topics

Arbitration and Mediation
Bankruptcy
Bextra
Car Accidents
Celebrex
Child Support
Child Custody & Visitation

Copyright Law
Criminal Law
Dangerous Drugs
Death
Divorce
DUI Drunk Driving

Elderly Laws
Employees' Rights
Estate Planning
Family Law
Fen-Phen
Immigration Law

Lawsuits
Lemon Law
Marriage
Medical Malpractice
Megan's Law
Meridia
Mesothelioma & Asbestos

Mold
Probate & Estates
Product Recalls
Real Estate

Statute of Limitations

Taxes & the IRS
Traffic Violations
Vioxx
Wills
Workers' Compensation
Work Related Injury

Legal Kits

Privacy Policy

 

Facts - Books - News    U.S. Facts Of Law:

Other Taxes

Among other taxes, the U.S. has a payroll tax to support unemployment insurance. This is 1.2% of the first $7,000, but coordinated with state unemployment agencies and taxes in such a way that most employees are not double taxed in states that have unemployment insurance.

The U.S. also has a tax to pay for retraining of displaced workers, but it is only 0.1% of the first $7,000 of income, and it is assessed only on employers.

The U.S. also maintains federal excise taxes on gasoline and other fuels used by vehicles. At this time (2005) they are 18.4¢ per gallon (4.9¢/l) for gasoline and 24.4¢ per gallon (6.4¢/l) for diesel. Higher profile excise taxes exist on distilled spirits, tobacco products, and some firearms.

The government tracks tax payment by an account number and payment date. For the IRS, the account number is a social security number (or tax ID number assigned by the IRS if the individual does not have a social security number), or for corporations, partnerships or other synthetic persons, an employer ID number.

 

Other Taxes Best Sellers from Amazon.com

Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don't
by John R. Lott Jr.
Amazon Price: $18.45
Customer Review: I'm all for countering claptrap like "Freakonomics" and I'm sure it's of value that economists take on arcane social issues with arcane data from arcane studies, but one grows weary of seeing the world through the lens of economics, which after all d...

Metal Men: How Marc Rich Defrauded the Country, Evaded the Law, and Became th...
by A. Craig Copetas
Amazon Price:
Customer Review: A. Craig Copetas' book gives us a rare insight in the well curtained offices of big metal traders. His story centres on Marc Rich and his companion Pincus Green, who left in disgust their employer Philipp Brothers, at that moment a unit of Engelhard ...

Getting Started in Tax Consulting
by Gary W. Carter, Gary Carter
Amazon Price: $29.95
Customer Review: This book is loaded with extraneous stuff but has very little on actually marketing a tax business. In fact he talks about almost anything but that.
It could be written as how to start a business and I would give it a 3
but as far as tax ...

The First-Time Homeowner's Survival Guide: A Crash Course in Dealing with Rep...
by Sid Davis
Amazon Price: $10.88
Customer Review: Sid really hits the nail on the head, so to speak. It's the perfect compliment to the other books he has written like "A Survival Guide for Buying a Home" and "Home Makeovers that Sell".

Being armed with his book eases a lot of the tens...

Other People's Children: The Battle for Justice and Equality in New Jersey's ...
by Deborah Yaffe
Amazon Price: $17.13


Newsfeed display by CaRP

Other Taxes News

Judge: Homes For Church Teachers Exempt From Local Taxes KTVA Anchorage
Homes owned by a prominent Anchorage church and used by teachers at its private school will remain exempt from local taxes under a Superior Court ruling.

Judge: Homes For Church Teachers Exempt From Local Taxes KTUU Anchorage
Associated Press July 4, 2008 8:04 PM ET ANCHORAGE, Alaska AP Homes owned by a prominent Anchorage church and used by teachers at its private school will remain exempt from local taxes

Protesters Declare Independence From Property Taxes WRTV Indianapolis
Several dozen people brave heavy rain Friday morning to declare their independence from property taxes.

Explaining States Home Values, Property Taxes Sidney HeraldLeader
Property and home values have increased in many areas in Montana over the past decade and while folks equate increasing residential values with higher taxes, but it aint necessarily so.

Nigeria: Pay Correct Taxes, Minister Urges Nigerians AllAfrica.com
Nigerians are unable to hold the nations leaders accountable because the citizenry is not paying the correct taxes, the Minister of Finance, Dr. Shamsudeen Usman said in Abuja yesterday.

IMPORTANT NOTICE: The information provided by FactsOfLaw.com does not constitute legal advice or any other type of advice and is provided for educational purposes only without warranty of any kind. FactsOfLaw.com has not reviewed the information on this page for accuracy and is not responsible for any errors, omissions or inaccuracies.  For legal advice you should consult a licensed attorney. Source: wikipedia.org

Copyright © 2008 All Rights Reserved - FactsOfLaw.com