Taxes 2017-12-15T09:05:37+00:00

In the US, each year, everyone that makes over the minimum income requirement should report to the Internal Revenue Service (IRS) how much income they took in by April 15th of each year. Depending on the amount made, expenses and deductions a person may be required to pay taxes. A tax is money that every person must pay to the federal, state, or local government so that services like public educations, roads and infrastructure can be provided to the public.

All persons who earn above a certain income need to report or “file” with the federal and sometimes state and local governments each year to pay their taxes.

Every January or february, each of your employers will send you a “W-2” statement. The form shows the amount of money you earned during the calendar year and the amount deducted for federal, local, and social security taxes. It is very important to keep the W2 statement in a safe place. You will need it to complete your income tax return.

Tax Day:
The deadline to file your taxes is on April 15 of each year unless a holiday is being observed then Tax Day is the following Tuesday.

The IRS Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly (TCE) programs offer free tax help for taxpayers who qualify.

In the US, each year, everyone that makes over the minimum income requirement should report to the Internal Revenue Service (IRS) how much income they took in by April 15th of each year. Depending on the amount made, expenses and deductions a person may be required to pay taxes. A tax is money that every person must pay to the federal, state, or local government so that services like public educations, roads and infrastructure can be provided to the public.

All persons who earn above a certain income need to report or “file” with the federal and sometimes state and local governments each year to pay their taxes.

Every January or february, each of your employers will send you a “W-2” statement. The form shows the amount of money you earned during the calendar year and the amount deducted for federal, local, and social security taxes. It is very important to keep the W2 statement in a safe place. You will need it to complete your income tax return.

Tax Day:
The deadline to file your taxes is on April 15 of each year unless a holiday is being observed then Tax Day is the following Tuesday.

The IRS Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly (TCE) programs offer free tax help for taxpayers who qualify.

Mark Your Calendar

Tax Day is on April 15 of each year unless a holiday is being observed then Tax Day is the following Tuesday.