Tax Law

Your paycheck is shrinking. California now withholds 10% more in state taxes on your paycheck than before. Find out how to stop them!

Federal and state income taxes must be paid every year. In Indiana, if you fail to file a return and/or pay the taxes owed to the state, you face civil and criminal penalties.

The amount of tax you must pay on salary paid outside the US depends on where you were located at the time the services were performed, the specific jurisdiction that is asserting taxation...

Filing federal tax returns can be challenging and confusing. One issue is making certain you provide the IRS with appropriate documentation for your tax return. For example, you may be wondering...

When you earn money working in the United States, you have to think about income tax laws. Income taxes are filed on your own, which means it is up to you to make sure they get filed. Nobody will...

Income taxes are a critical source of revenue for many state governments. Of the 50 states, 43 have some form of income tax. Most research on state taxes combines local and state taxes to...

Given the struggling housing market and global economic turmoil of late, you have probably heard the term "tax lien" cropping up in the news. Despite their far-reaching consequences, tax liens are...

An IRS 501(c)(3) organization (often mistaken as "401(c)(3)") is a corporation or a Limited Liability Company (LLC) that exists for religious, charitable, scientific, literary or educational...

When you work, either for yourself or somebody else, you have to pay federal income tax on the money you earn. Sometimes, you also have to pay state income tax, though some states, such as Texas,...

Tax law generally refers to the legal requirements for paying taxes to the federal government. Tax law can also refer to state taxes and local government taxes. In addition to federal income...

State tax is tax you pay to the state where you reside. This varies from state to state but most states have a state income tax, sales tax and property taxes. The state collects these taxes...

Sales tax is a certain percentage of a merchandise purchase or service assessed in addition to the retail price. It's also known as "sales and use tax." State sales tax rates are set by the...

Taxes are financial charges imposed on individuals, companies and organizations. Both the federal and state governments use the money collected to pay for public services and programs. Taxation...

There are times in everyone's life when things just don't go as planned. You plan to file your taxes on time—but for one reason or another, you need more time. In addition to requesting additional...

With the help of modern technology and the Internet, most states have made it easier for their residents to pay their state taxes online at no additional cost. No longer do you have to write a...

Each state offers its own trucking sales tax exemptions for trucks owners who purchase or lease vehicles that satisfy the state's requirements. More than just completing the form, you must make...

Known as a Commercial Distribution Fee (CDF) sales tax exemption in some states and an exemption certificate in others, trucking operations may qualify for a trucking sales tax exemption. Since...