#Tax Rates

[sonyaintx]

With economic insecurity comes people retreating to their "tribal" corners. Grocery prices and everything else went through the roof after Trump's tax cuts and tariffs were finally felt by Americans. The Biden administration had no power to bring down prices. But Trump won't be able to do it either.

But the entire American public was played by the Trump campaign led by Steve Bannon. They got Netanyahu to turn a blind eye to the coming terror attack as an excuse to tea up the Palestinians. Notice that the retaliatory attacks against the Gazan people have stopped now that the election is over? Notice the protests by Jewish and Arab Americans have stopped since the election is over? Notice that the constant ads celebrating pride have stopped now that the election is over. Notice the bussing of migrants to blue states stopped since the election is over? Steve Bannon/GOP spent four years irritating the anti-"fill in the blank" crowd to that people show up to vote to make the noise stop. The GOP perfected the way to get people to vote for their religious beliefs, too the detriment of everything else.

News flash: You religious beliefs won't change no matter who is in office, but your tax rates will.

[trendynewsnow]

Kamala Harris's Economic Strategy: Balancing Support for Small Businesses and Wealthy Investors

Kamala Harris’s Economic Approach: A Balancing Act During a recent visit to a locally owned brewery in New Hampshire, Vice President Kamala Harris aimed to highlight her commitment to supporting small businesses, a cornerstone of her economic agenda. In a notable moment during her campaign speech, she made a significant overture to the wealthiest Americans, stating, “If you earn a million dollars…

[taxsysteminusa]

Calculating Sales Tax for US Businesses: an Ultimate Guide

Learn how to accurately calculate sales tax for your business with this comprehensive guide. Understand key factors in sales tax calculation in US, including tax rates, rules, and step-by-step methods. This guide covers different sales tax scenarios, common mistakes to avoid, and tips for ensuring compliance. Ideal for small business owners looking to simplify tax management and avoid penalties. Stay informed and make sure your sales tax calculations are correct every time.

[randyite]

Billionaires v. America

[oscarisaacasimov]

US Tax Day & The IRS - Myth vs Fact

1) Myth - "If you get a small raise that bumps you into a new tax bracket, you'll end up taking home less money."

Fact - We have marginal tax rates, which means you only pay the new higher tax rate on the new part of salary.

2) Myth - "If I make a mistake on my taxes, I'll go to jail."

Fact - If you make a mistake on your taxes, the IRS will likely contact you with a bill to pay the remaining balance, and possibly a fee.

(I know someone who last year had 3 W-2s and only reported 2 of them. The IRS noticed, my friend said oops my bad and paid the remainder. There was no legal consequence, even for a 5 figure mistake.)

3) Myth - "The IRS is out to get ordinary Americans, and funding them more means more annoyance and harassment for me."

Fact - With the IRS' latest increase in funding, they are:

--improving customer experience, from offering a free filing website to reducing phone wait times

--sending refunds and other communications faster, as staff and modern-day computers are added to their operation

--catching unpaid taxes from millionaires and businesses, so that everyone pays their fair share

4) Myth - "Tax season is just one of those things that modern-day developed nations have to deal with."

Fact - Requiring each citizen to file their own taxes is a uniquely American / late-stage capitalism hurdle. The government already knows how much we owe, but TurboTax and others heavily lobby to keep their business as the middle man. In other countries, you just receive a statement from the government that is your tax owed or your refund, and that's all you have to do.

[thetaxguyin]

TDS Rate Chart for FY 2024-25 (AY 2025-26)

TDS Rate Chart for FY 2024-25 (AY 2025-26) SectionNature of PaymentThresholdTDS Rate (with PAN)TDS Rate (without PAN)194CPayments to Contractors and Subcontractors, AdvertisingSingle payment > Rs. 30,000 or Aggregate > Rs. 1,00,0001% (Individual/HUF) 2% (Others)5% (Individual/HUF) 20% (Others)194-I (a)Rent on Land, Building, Furniture & FittingsRs. 2,40,000 per annum10%20%194-I (b)Rent on Plant…

[taxexpertblog]

2024 January Tax News

2024 January Tax News. Expert Fiscaliste provides income tax preparation and consulting services to individuals and businesses. Table of Contents NETFILE service for 2023 tax returns available February 19 February 2, 2024 The Canada Revenue Agency has announced that its services for the online filing of individual income tax returns for the 2023 tax year will be available in mid-February.…

[thashining]

[oconnor2023]

When do the new tax rates come out? Tax rates for most tax entities in Texas are set in November of the current year just before the tax bills are issued. In some cases, the tax rates are set at a later date. Visit O'Connor for Detailed information on https://www.poconnor.com/question/new-tax-rates-come/

[techminsolutions]

Understanding India's New Tax Regime: Benefits for Earners Above Rs 15 Lakhs

In the past few years, India’s tax laws have changed a lot. These changes were made to make the system easier to understand and to offer lower tax rates and fewer exemptions. According to Nitin Gupta, head of the Central Board of Direct Taxes, the new tax regime, which is now the default option, is expected to provide numerous benefits to individuals earning more than Rs 15 lakhs. In this…

[luwha]

One day you're working on videos on autoplay and another you watch a 50 minutes videos of how a user faked a democracy for discord political roleplay for 3 years and it's impact on the citizens and neighboring nations

Also the author of a book (related, don't ask) got a cease and desist from the united Nations and proceeded to change the name of it on april's fools

[knifearo]

like it's honestly kind of ridiculous at this point