Fast, Free Auto Insurance Quotes DMV or State Fees Title Transfer Fee Usually $28 or $33 Tag / License Fee $51.75 – base fee $10 – local fee Transfer Regi...
Illinois Sales Tax on Car Purchases: Illinois collects a 7.25% state sales tax rate on the purchase of all vehicles. There is also between a 0.25% and 0.7...
Nature of Taxation a. Legislative – only the law making body(Congress) can exercise this power, subject to limitation provided by the Law b. Scope of Taxa...
6.2% The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The current rate for Medicare is 1.45% f...
You may receive a 1099-MISC if you received at least $600 for: Rents. Services you performed. How much can I earn without getting a 1099? $600 What happen...
An excise tax is a tax imposed on a specific good or activity. Excise taxes are commonly levied on cigarettes, alcoholic beverages, soda, gasoline, insura...
Any withdrawals from your RRSP are immediately subject to withholding tax. If you withdraw up to $5,000, the withholding tax rate is 10%. If you withdraw ...
You have a maximum of 60 days after the date the registration was issued to apply for the 1st year of the registration fee. DMV will process a refund of t...
Medical Malpractice and Personal Injury Settlements and Verdicts Are Generally Not Taxable. State and federal tax laws generally apply taxes by defining w...
Overpayments can happen when an employer mistakenly believes an employee is entitled to the pay or because of a payroll error. Employers can’t take money ...
Both can be thought of as anti-discrimination rules. The commerce clause (by judicial interpretation, not its text) prevents states from discriminating ag...
If you need a T4 slip for the current tax year, your employer should be able to provide it to you. Employers are required to provide T4s by the end of Feb...
The W-4 form provides information to your employer so that they can determine how much to withhold from your paychecks. This will ensure that the IRS coll...
