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Payroll tax is a tax imposed on employers or employees based on their salaries. Learn about the different types, rates, and deductions of payroll tax in various countries, such as Australia, Austria, Bermuda, Brazil, Canada, China, Croatia, and more.
Learn about the different types and levels of taxes imposed by the federal, state, and local governments in the U.S. Find out how taxes affect income, spending, and inequality in the country.
FICA is a federal tax that employees and employers pay to fund benefits for retirees, people with disabilities, and children of deceased workers. FICA consists of two parts: OASDI for Social Security and HI for Medicare. Learn how FICA is calculated, who pays it, and how it differs from income tax.
Learn about the federal and state income tax systems in the U.S., including sources of law, basic concepts, rates, deductions, and credits. Find out how income is defined, taxed, and reported for individuals, corporations, and other entities.
Learn about the different types of withholding tax imposed at various levels in the US, such as wage withholding, withholding on payments to foreign persons, and backup withholding. Find out how withholding works, how to calculate it, and how to report it.
The Internal Revenue Code of 1986 (IRC) is the domestic portion of federal statutory tax law in the United States. It covers topics such as income tax, payroll tax, estate tax, gift tax, and excise tax, and is codified in Title 26 of the United States Code.
Tax withholding is a system where the payer of income deducts a portion of the income and pays it to the government on behalf of the recipient. Learn about different types of tax withholding, such as income tax, social insurance tax and international withholding, and see examples from various countries.
Learn about the types, forms, deadlines, and preparation of federal and state tax returns in the U.S. Find out how to file an amended return, what is a tax return, and how to get free tax software.
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