Tax laws are confusing =( I was looking at my state’s (MD) tax codes and I saw this under "Penalties": (a) In general.- Except as otherwise provided in this subtitle, if a person or governmental unit fails to pay a tax when due under this article, the tax collector shall assess a penalty not exceeding [...]

I will begin a job as an online administrative assistant. I will be getting paid for my services via money orders in a fixed amount each week. My question is: how do I pay taxes on this? I am handicapped and received SSI until I got married. So this is my first job so I [...]

I know the usual answer is that taxes in Europe are higher than in the US, but given the number of items we pay taxes on in the US, I wonder if that is true any more. For example, in the US we pay : Federal income taxes, some states require income tax too, property [...]

I live in a township so there are no local income taxes for my residence. The income tax is paid to the city where my office is located. I do service work so am out of the state and or country much of the year. Accounting Sites 5 good reasons to file an income tax [...]

I am trying to compose a list of the important taxes/expenditures to think about when moving. I am going to use the list as a way to compare the different cities/states that my wife and I are interested in moving to. 1. Can you think of any more? vehicle tax property tax school tax local [...]

If you add up all the taxes you pay now, Fed. Income tax, FICA, Social Security, State tax, City tax, Local tax, Property tax, Sales tax, Gas tax, etc., already most of your income goes toward paying taxes. What percentage will be too much. Will you work when every penny you earn goes to pay [...]

soebwgt55 asked: Is it likely that the laws will be changed to require Canadian working overseas to pay income taxes to Canada and provincial governments? Are babies born in Canada to foreigners still Canadian citizens? Anyone affected by the new US laws requiring US citizens working overseas to file income tax?Caroline

Urip asked: How much can I increase my payroll deductions? I have made an offer on a condo for my very first home purchase. I have always heard people say that you can increase your payroll deductions to get more in your paycheck because of the interest write-off. But how do I determine how much [...]

Rex Feral asked: If you add up all the taxes you pay now, Fed. Income tax, FICA, Social Security, State tax, City tax, Local tax, Property tax, Sales tax, Gas tax, etc., already most of your income goes toward paying taxes. What percentage will be too much. Will you work when every penny you earn [...]