In the United States, taxes can be levied by federal, state and local governments. The Internal Revenue System is the federal agency that taxes all income annually.Know More
All but six states levy taxes on income. States, cities and counties can tax property. State laws with respect to property tax vary widely; some states assume full responsibility, while most delegate some or all of that task to cities or counties. State and local governments can also levy sales taxes.
Businesses may incur other tax burdens, including payroll taxes, which are levied by the federal government to cover Social Security and Medicare, and unemployment tax, which funds the needs of workers who are temporarily unemployed.Learn more about Taxes
While often used interchangeably, state tax and inheritance tax represent two distinct types of death taxes. An estate tax is a death tax levied on the estate whereas an inheritance tax is imposed on the heir who receives the estate.Full Answer >
When married taxpayers file taxes separately, the community property rules that apply in their state come into play, according to Intuit. As of 2015, community property laws must be followed when filing taxes in these nine states: California, Arizona, Idaho, Wisconsin, Texas, Washington, Nevada, Louisiana and New Mexico.Full Answer >
Fill out a request with your state tax department or comptroller's office to gain exemption from sales taxes, as the Texas Comptroller of Public Accounts explains. However, the process varies among states. As of 2015, applicants in New York use bulletin TB-ST-350, while five different forms apply in Texas.Full Answer >
State tax forms are the forms necessary for paying state income taxes. Each state that has an income tax produces its own set of forms; these are available online for free through various state government websites.Full Answer >