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What else can I help you with?
What is progressive tax?
a tax that charges more for higher incomes
What is a pre-tax deduction?
A deduction taken out of payroll for something, reducing the income tax is applied to. Hence you get to pay that item with "pre tax" money...which is cheaper than after tax money.
What is Pre tax Income?
Pre-tax income is the same as gross income OR the money you make before taxes are deducted/withheld.
Are GMIB charges on your annuity tax deductible?
No GMIB charges on annuities are not tax deductible. However,a GMIB annuity is tax-deferred so the taxes will not be due on any money until after it is withdrawn.
Is voluntary life ins pre-tax?
no
What is progressive tax?
a tax that charges more for higher incomes
What is a Progressive tax?
A tax that charges more for higher incomes
Is it better to contribute pre-tax or after-tax to maximize savings and tax benefits?
It is generally better to contribute pre-tax to maximize savings and tax benefits. Pre-tax contributions reduce your taxable income, resulting in lower taxes paid upfront and potential tax-deferred growth on your investments.
Are social security deductions pre-tax or post tax?
Post tax
What is a regression tax?
A tax that charges more to those with lower incomes.
What is a pre-tax deduction?
A deduction taken out of payroll for something, reducing the income tax is applied to. Hence you get to pay that item with "pre tax" money...which is cheaper than after tax money.
What is a pre tax deduction?
A deduction taken out of payroll for something, reducing the income tax is applied to. Hence you get to pay that item with "pre tax" money...which is cheaper than after tax money.
Can you tax a service charge?
Establishments are adding tax to their service charges, is that legal?
Is Air freight charges under gta tax?
Yes, air freight charges are listed under the GTA tax. The GTA tax is a common service tax and it is written under the Central Excise Act 1944.
What is Pre tax Income?
Pre-tax income is the same as gross income OR the money you make before taxes are deducted/withheld.
What is proportional tax and what is regressive tax and an example of each?
A tax that charges more to those with lower incomes
Are GMIB charges on your annuity tax deductible?
No GMIB charges on annuities are not tax deductible. However,a GMIB annuity is tax-deferred so the taxes will not be due on any money until after it is withdrawn.
