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What else can I help you with?
Is Income from illegal activities is not assessable to income tax?
ALL income form any source should be considered when calculating income tax.
How much income taxes are unclaimed by illegal immigrants?
What a question!! Illegal aliens are not eligible for income tax refunds.
Can you backdate a check for tax purposes?
No, it is illegal to backdate a check for tax purposes. It is important to accurately report income and expenses for tax purposes to avoid penalties and legal consequences.
What is Before tax income after tax income?
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
What was the public reaction to some of the potential candidates income tax difficulties?
I expected it... along with the illegal house servants.
What kind of income tax is based on your taxable income?
Income tax IS based on your income that is why it is called INCOME tax.
Is Payroll Tax considered Income Tax?
Yes. Any tax on income is income tax. Taxes imposed after income, such as sales tax, aren't.
What is a Fedeal income tax?
A income tax is a tax levied on the income of individuals or business.
Is Net income before or after tax?
Net income is what you get after tax, gross income is before tax.
Is it illegal to deny receiving cash or gifts to the IRS?
Yes, it is illegal to deny receiving cash or gifts to the IRS. This could be considered tax evasion or fraud if the cash or gifts were not reported as income on your tax return. It's important to report all sources of income to the IRS to avoid penalties or legal consequences.
Are income tax and taxable income the same thing?
No, income tax and taxable income are not the same thing. Taxable income is the amount of income that is subject to taxation, while income tax is the actual tax that is calculated and paid on that taxable income.
What is an income tax?
Income tax an amount of tax that is due on your TAXABLE INCOME amount for the tax year.
