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  2. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    However, shareholders of S corporations and mutual funds are taxed currently on corporate income, and do not pay tax on dividends. Almost half of all private employment in the United States is within businesses that do not pay a corporate tax, but which rather pass the business income through to the owners’ individual income taxes. [1]

  3. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Includes federal, state, and local taxes. Data sources: Emmanual Saez and Gabriel Zucman. [119] Total tax rates by income percentile in the United States, 1950–2018 Proposed tax plan payment rates by income group as a percentage of income, including mandatory health insurance, of four 2020 United States presidential election candidates

  4. Business and occupation tax - Wikipedia

    en.wikipedia.org/wiki/Business_and_occupation_tax

    The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.

  5. Sales Tax Deduction: How to Claim and Save on Your 2025 Taxes

    www.aol.com/sales-tax-deduction-claim-save...

    If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can choose to deduct the income tax. Sales Tax Deduction: How to Claim and ...

  6. State and local tax deduction - Wikipedia

    en.wikipedia.org/wiki/State_and_local_tax_deduction

    For US federal income tax purposes, state and local taxes are defined in section 164(a) of the Internal Revenue Code as taxes paid to states and localities in the forms of: (i) real property taxes; (ii) personal property taxes; (iii) income, war profits, and excess profits taxes; and (iv) general sales taxes.

  7. Can You Deduct Homeowner’s Insurance on Your Taxes? - AOL

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    Real estate tax: You can deduct local and state real estate tax, but only up to $5,000 ($10,000 if married filing jointly). Lender discount points: You may be able to claim a partial deduction for ...

  8. Tax withholding in the United States - Wikipedia

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

    Rules vary by jurisdiction and by balance of total payments due. Federal employment tax payments are due either monthly or semi-weekly. [24] Federal tax payments must be made either by deposit to a national bank or by electronic funds transfer. If the balance of federal tax payments exceeds $100,000, it must be paid within one banking day.

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