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  2. List of taxes - Wikipedia

    en.wikipedia.org/wiki/List_of_taxes

    Per unit tax, a tax charged proportionally to the amount sold, such as by cents per kilogram. Turnover tax, a tax on intermediate and capital goods that is viewed as a precursor to a value-added tax. Use tax, a tax charged on an item purchased in an area without a sales tax when brought to areas that has one.

  3. Tax Credits or Tax Deductions: Which Will Save You More? - AOL

    www.aol.com/tax-credits-tax-deductions-save...

    For example, if your tax liability for the year is $10,000 but you have a $2,000 tax credit, your tax liability drops to $8,000. ... Good Housekeeping. The most popular baby boy names of 2025 are ...

  4. Nanny tax - Wikipedia

    en.wikipedia.org/wiki/Nanny_Tax

    In the United States, the combination of payroll taxes withheld from a household employee and the employment taxes paid by their employer are commonly referred to as the nanny tax. [1] Under US law, any family or individual that pays a household employee more than a certain dollar amount per year ($2,400 as of 2022) must withhold and pay Social ...

  5. Tax Deductions for Small Businesses - AOL

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    However, effective tax year 2023, all meal and entertainment purchase deductions reverted back to the guidelines set forth in the Tax Cuts and Jobs Act, which state the following: Employee office ...

  6. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    In addition, certain taxes, particularly income taxes, may be imposed on the members of a business or other entity based on the income of the entity. For example, a partner is taxed on the partner's allocable share of the income of an entity that is or, under entity classification rules, is classified as a partnership.

  7. Gig Workers: Tax Considerations & Tips - AOL

    www.aol.com/finance/gig-workers-tax...

    Along with federal and state income taxes, self-employed gig workers owe an additional 15.3% in self-employment taxes, with 12.4% to Social Security and 2.9% to Medicare. Your clients may send you ...

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