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How long does a state tax audit typically take to complete?
A state tax audit typically takes several months to complete, but the exact duration can vary depending on the complexity of the audit and the specific circumstances of the taxpayer.
Is Carmen Salvo a professor of history?
There is no widely known or recognized individual by the name of Carmen Salvo who is a prominent professor of history.
What is the difference between direct tax and indirect ta?
A direct tax is one that is taken directly from the individual, such as income tax. Indirect taxes, such as sales tax, are collected by merchants and taken from the consumer. Indirect taxes also lead to inequalities while direct taxes do not.
Are tax RATES IN THE PHILIPPINES FAIR?
Tax rates in the Philippines are progressive, with higher-income individuals subject to higher tax rates. While some may argue that the tax system could be more equitable, others believe that the rates are structured to promote wealth redistribution and social welfare. Ultimately, perceptions of fairness can vary depending on individual circumstances and perspectives.
How much tax will I pay for Obamacare?
The amount of tax you pay for Obamacare depends on your income and whether you have health insurance. If you do not have health insurance, you may have to pay a penalty called the individual mandate. This penalty is calculated based on your income and can vary. If you have health insurance through the marketplace, you may be eligible for premium tax credits to help lower your costs. It is best to consult with a tax professional for personalized advice.
Why are corporate tax rates higher than individual tax rates?
Corporate tax rates tend to be lower than individual tax rates.
How can one get a tax ID number?
One must complete an application form from the Internal Revenue Service. The form that must be completed for an individual tax ID number is IRS Form W-7.
What term refers to a tax that is divided among all of the people in each state and not on individuals-?
a direct tax is divided among an individual person
How can I get individual tax software?
Tax software has been created for people with all different kinds of backgrounds. To find individual tax software which will fit your needs simply get Turbo Tax.
What is an individual income tax?
Individual income tax law is based on an individual persons income. The tax is also based on family size.and certain expenses that might have happened over the last year.
What kind of tax is income tax?
Complete GST Solution is on Taxbhai
What is the Income Tax Form number for the State of Georgia Thank you.?
The Georgia State income tax forms are as follows: Form 500: Individual Income Tax Return, Form 500-EZ: Short Individual Tax Return, Form 500-X: Amended Individual Tax Return
What is an individual income tax law?
Individual income tax law is based on an individual persons income. The tax is also based on family size.and certain expenses that might have happened over the last year.
Individual income tax rates are usually this of tax the higher the income the higher the tax rate?
Progressive
Individual income tax rates are usually this type of tax?
Progessive/aplus
Does Illinois have flat tax or progressive?
Illinois has a flat tax for individual income.
Which type of tax is imposed on the wages earned by an individual or corporation?
(income tax)
