I am trying to understand how much after IRS pays all their cost how much profit do they make to help our country and if so, what does that money go to I am a single mom and they are after me for not filing due to I was afraid and now trying to get back on line with it. Have great people helping me, but you should see how much they said I needed to pay and the interest rates.
Help me understand why this is so unfair!
Best
Gayla
AnswerIn 2005 the Internal Revenue Service collected $2.2 Trillion worth of taxes. I haven't taken the time to verify your figure of $10B to run the IRS in 2005, but using your figure that would mean that IRS collects 220x the amount that it spends.It depends upon the bank type. Just visit your bank.
A call deposit account is a hybrid form of Current account and general saving account which allows us to withdraw money at any time as in current account and provides us interest on the deposit amount as in other saving account.
Savings account are aimed towards mobilising small savings from general public. There are certain restrictions regarding the number of withdrawals and the amount to be withdrawn in a particular time period.
A specific amount of money set aside for a certain reason. Like saving up for college.A special circumstance that permits reductions in your federal tax billThe same as an employee's salaryThe amount of your income for which no taxes need to be paid.
My saving account
3 billion and a half dollars
0.7 Billion
For most people the main goals of saving and investing are to increase the amount of wealth a person has.
It lessens the amount of heat your heating system has to replace saving you fuel and by saving fuel you save $.
Fundamentally, reduce the amount you use them.
time, amount, and interest
$250.00
Components of saving include the interest rate and the principle amount. The bank also sets how many times they will compound the money.
It depend on the amount you saving
The disadvantages of savings could be that they can not be easily accessed. Also when saving, it takes a certain amount of self control and discipline.
This is an increase of 8%.
level of saving