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  2. Taxation of illegal income in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_illegal_income...

    v. t. e. Taxation of illegal income in the United States arises from the provisions of the Internal Revenue Code, enacted by the U.S. Congress in part for the purpose of taxing net income. [1] As such, a person's taxable income will generally be subject to the same federal income tax rules, regardless of whether the income was obtained legally ...

  3. Federal Insurance Contributions Act - Wikipedia

    en.wikipedia.org/wiki/Federal_Insurance...

    Median household income and taxes. The Federal Insurance Contributions Act (FICA / ˈ f aɪ k ə /) is a United States federal payroll (or employment) tax payable by both employees and employers to fund Social Security and Medicare —federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.

  4. Tax withholding in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_withholding_in_the...

    In the US, withholding by employers of tax on wages is required by the federal, most state, and some local governments. Taxes withheld include federal income tax, [3] Social Security and Medicare taxes, [4] state income tax, and certain other levies by a few states. Income tax withheld on wages is based on the amount of wages less an amount for ...

  5. I Have a Household Employee. What Are My Taxes Going to Look ...

    www.aol.com/household-employee-taxes-going-look...

    That means household employers must pay at least the federal minimum wage currently set at $7.25 per hour, pay overtime after 40 hours per week and keep accurate time and pay records, among other ...

  6. A Guide to Paying Quarterly Taxes - AOL

    www.aol.com/finance/guide-paying-quarterly-taxes...

    It also carries a few added tax requirements, such as paying your taxes quarterly instead of with each paycheck as a W-2 employee would.

  7. Employer transportation benefits in the United States - Wikipedia

    en.wikipedia.org/wiki/Employer_transportation...

    An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.

  8. I Have a Household Employee. What Are My Taxes Going to Look ...

    www.aol.com/finance/household-employee-taxes...

    Household employees like nannies, housekeepers and landscapers make our busy lives easier, but paying them comes with tax and additional obligations that can't be ignored. Failure to comply can ...

  9. Taxation in Puerto Rico - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Puerto_Rico

    Taxation in Puerto Rico consists of taxes paid to the United States federal government and taxes paid to the Government of the Commonwealth of Puerto Rico.Payment of taxes to the federal government, both personal and corporate, is done through the federal Internal Revenue Service (IRS), while payment of taxes to the Commonwealth government is done through the Puerto Rico Department of Treasury ...

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