I CAN UNDERSTAND THE TYPES OF TAXES
Income Tax- An income tax is a government tax on imposed on individuals or entitles that varies with income or profit.
Payroll Tax- Are the state and federal taxes that you are required to withhold or pay on behalf of your employers
Property tax- A property tax is a tax that the owner is required to pay
Sales tax- A tax on sales or the receipts of sales
Excise Tax- Are paid when purchased on specific goods such as gasoline.
A government tax on imposed individuals.
State and federal taxes that you are required to withhold.
A tax the owner is required to pay.
A tax on sales
Are paid when purchased on specific goods, such as gasoline.