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Related Tax Questions
What is the sales tax of New York?
The state of New York has a rather odd sales tax mandated. Most states impose a single tax line across the entire state with some added...... Read More
What was the economy like in Colonial New York?
The economy nowadays is extremely diverse and globally interacted with over 150 countries participating in trade and...... Read More
Can your ex-wife and her new husband legally claim your children on their taxes if she does not have
When it comes to claiming a child or children on a tax return after a divorce, things can get a little tricky. There are many factors...... Read More
Who collects state income taxes?
The way taxes work are that we pay them on the federal and the state level. Rates differ from state to state, but taxes generally work all the...... Read More
Is the federal income tax a progressive tax or a regressive tax?
A progressive tax is when the government imposes a tax code that allows them to charge higher taxes to those who have a lot of income, while charging a lower rate to those with a lower income. A regressive tax is when the complete opposite happens. The go... Read More
What is the California state income tax rate?
The California state income tax rate is a very different rate as opposed to other states. Most states impose one specific rate for...... Read More
What is proportional tax and what is regressive tax and an example of each?
A proportional tax is a tax that takes income from all income groups so that the income tax rate is fixed. The amount that is...... Read More
Do states with no income tax like Texas have to pay deferred money to baseball players?
Texas is one of nine states that does not enforce a mandated state income tax for its citizens. Instead the tax rates in all other areas are higher...... Read More
How do you remove a state tax lien which was discharged in Ch 7 bankruptcy 3 years ago?
A state tax lien is when the state places a control on your property that allows the government entity to have full power to...... Read More
How far back can you go to get state income tax refund?
Tax refunds are the best part about filing and paying your taxes. Every year, depending on if your tax estimate is more or less than your actual...... Read More
How do you calculate taxes?
Taxes work in many different ways, and come in many different forms. There are the federal and state income tax, property tax, estate...... Read More
Do you claim section 8 rent on your taxes as income?
When you allow your home/apartment to be rented out under Section 8 guidelines, you are allowing lower income tenants to move in to...... Read More