#DIFFERENT TYPES OF BILLS TO PAY PROFESSIONAL#

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#DIFFERENT TYPES OF BILLS TO PAY PROFESSIONAL#

You may seek advice from a tax professional if you are confused about which taxes you have to pay.How much should you contribute to your 401(k)? As a responsible citizen, it is essential to pay taxes on time. You have to pay a percentage of whatever income is earned by you in that country.ДЇailure to pay taxes on time may lead to severe repercussions. It is levied by the federal government.ДЇoreign Tax: It is the income tax imposed by the government of the foreign country. Unemployment Tax: It is paid to unemployment agencies to help people find jobs. The money is used for the maintenance of roads and highways.Д¬orporate Income Tax: It is levied by the states on huge corporations. Luxury Tax: It is imposed on expensive items like jewelry or automobiles.ДЇuel Tax: It is a type of user tax imposed on use of fuelвЂ•diesel, oil, gasoline, etc. Use Tax: It is paid for the different services that you use, like toll, licenses, cell phone, air travel, rental cars, lease, etc. Hotel Tax: It is the amount that hotels charge above the regular room rate. You may also be subject to a capital gains tax on the sale of real estate. Capital Gains Tax: It is paid on the sale of stocks and bonds.

Different types of bills to pay