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Taxation In The United States Of America
Taxation in the United States is a complex system which may involve payment to at least four different levels of government and many methods of taxation. United States taxation includes local government, possibly including one or more of municipal, township, district and county governments. It also includes regional entities such as school and utility, and transit districts as well as including state and federal government.
The Internal Revenue Services (IRS) has many tax forms depending on your business type or employment status, that one finds it very confusing when filing tax returns.
In 1997, the IRS audited 1.66 million taxpayers. As a percentage that is 1.5% of all taxpayers. The main reasons for audits are when a taxpayer's deductions are too high...
You might feel a little lost with all the tax forms and the numbers involved, but filing your tax returns on time is a must if you are to avoid any additional penalties or interest.
The W-9 Form is a legal document required by the IRS for certain taxation purposes. To be more precise, it is the IRS form used by a company to request your taxpayer...
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