|
 You
and taxes
By
Bankrate.com
Remember
Uncle Sam
As you gain experience your salary increases. There will be
a larger discrepancy between your gross income and net income.
Here's what it all means.
Links:
W-4
and withholding, The
W-4 and its worksheet -- how to figure them out, Effective
tax rate -- your personal tax bracket, State
income, personal and sales taxes levied, How
to adjust your withholding, Guard
your Social Security number
The tax
return
As your salary and investments increase, filing a tax return
involves more record keeping than hanging on to a W-2. Plan
over the year for the deductions you can take.
Links:
10
must-know tax terms, Basics
on taxes -- Filing your return,
Hassle-free
tax record keeping, Common
filing mistakes to avoid, Don't
overlook deductions and credits, How
to find an accountant, Your
job hunting expenses may be tax deductible, Ins-and-outs
of home office deductions, Advanced
tax planning for a home-based business, Maximize
a new retirement savings tax credit, Your
changing tax life, Haunted
by the marriage penalty, A
lesson in educational savings accounts
|
