Posts tagged tax

Deduction Tax Per-Mileage in 2011

Car Mileage Tax Deduction for 2011, 2012 It will always be crucial to know how much you can deduct as you have the choice of deducting mileage, or vehicle operation costs. Not both. The current rates are as follows: 51 miles per cent for business 14 cents per mile for charitable 19 cents per mile […]

For Whatever Reason, the FICA Tax Exists

All Federal & State withholding and unemployment taxes are calculated for you. FICA Provides for Federal Insurance Let’s start at the beginning with learning what FICA tax stands for. FICA stands for the Federal Insurance Contributions Act. The employer will pay his or her half and the other half is taken from the paycheck of […]

How is IRS Accuracy Ensured With the 2011 Federal Tax Table?

Tax rates and withholding tables apply separately at the federal, most state, and some local levels. The tricky thing is to present their corresponding tablets of information in the right format, to the right people so that there will not be any confusion as to which apply to you. The amount to be withheld is […]

Some of the New Tax Deductions

Some new tax deductions. This may not be the best plan for every person, so be sure to read the rules before you make the decision. You can find a ton of information from the tax experts about the new tax breaks by visiting the web site of TurboTax Online. Click the support tab on […]