Tags Taxes and Tax Preparation Income Taxes History, Politics & Society

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

Taxes and Tax Preparation

Laverna Senger ∙

Lvl 10

∙ 2y ago

☆★☆★☆★☆★☆★

No Reviews

Leave the first rating

Term1/13

Which of these is the best description of an assessment

Definition1/13

It is the process used to determine the value of property to be taxed.

Term1/13

What type of tax is usually paid to the county treasurer

Definition1/13

property

Term1/13

What is the best definition of a progressive tax system

Definition1/13

a tax system that takes a larger proportion of income from high-income people than from low-income people

Term1/13

Which of these is the best description of a mill levy

Definition1/13

An example of a mill levy would be that it represents the tax dollars for each $1,000 of the value of a property.

Term1/13

What is the most common type of employee benefit

Definition1/13

Health care is the most common type of employee benefit.

Term1/13

What is the total percentage of income that will be withheld from any employee's paycheck for Social Security and Medicare taxes

Definition1/13

7.65

Term1/13

Which tax withholding is required by the federal government

Definition1/13

SOcial Security Tax:D

Term1/13

What is a best description of a tax rate

Definition1/13

It is the percentage at which tax is levied.

Term1/13

What groups can the federal government not place taxes on

Definition1/13

The federal government does not tax state and local governments and tax-exempt organizations such as churches and charities.

Term1/13

Which of this is the best description of a tax base

Definition1/13

It represents the subject being taxed.

Term1/13

Which type of tax is calculated on a per-item basis

Definition1/13

An excise tax or sales tax is calculated on a per-item basis

Term1/13

At what age can a person no longer contribute to a traditional IRA

Definition1/13

[70] million years old

Term1/13

Angela wants to calculate her take-home pay. She earns 1377 monthly. She pays federal tax of 200 state tax of 41.31 and 7.65 in FICA tax. What is Angela's monthly net pay

Definition1/13

1030.35

🥳

Great job!

You studied all the cards in this guide.

Rate this guide:

☆★☆★☆★☆★☆★

Rate this Study Guide:

☆★☆★☆★☆★☆★

Cards in this guide (13)

Which of these is the best description of an assessment

It is the process used to determine the value of property to be taxed.

What type of tax is usually paid to the county treasurer

property

What is the best definition of a progressive tax system

a tax system that takes a larger proportion of income from high-income people than from low-income people

Which of these is the best description of a mill levy

An example of a mill levy would be that it represents the tax dollars for each $1,000 of the value of a property.

What is the most common type of employee benefit

Health care is the most common type of employee benefit.

What is the total percentage of income that will be withheld from any employee's paycheck for Social Security and Medicare taxes

7.65

Which tax withholding is required by the federal government

SOcial Security Tax:D

What is a best description of a tax rate

It is the percentage at which tax is levied.

What groups can the federal government not place taxes on

The federal government does not tax state and local governments and tax-exempt organizations such as churches and charities.

Which of this is the best description of a tax base

It represents the subject being taxed.

Which type of tax is calculated on a per-item basis

An excise tax or sales tax is calculated on a per-item basis

At what age can a person no longer contribute to a traditional IRA

[70] million years old

Angela wants to calculate her take-home pay. She earns 1377 monthly. She pays federal tax of 200 state tax of 41.31 and 7.65 in FICA tax. What is Angela's monthly net pay

1030.35

Related study guides