Difference between revisions of "Dealing With Tax Problems: Easy As Pie"

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Revision as of 09:21, 20 July 2025


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10% (8.55% for healthcare and 8.45% Medicare to General Revenue) for my employer and me is $15,612.80 ($7,806.40 each), which is less than both currently pay now ($1,131.93 $7,887.10 = $9,019.03 my share and $1,131.93 $8,994 = $10,125.93 my employer's share). For my wife's employer and her is $6,204.41 ($785.71 my wife's share and $785.71 $4,632.99 = $5,418.70 her employer's share). Reducing the amount right down to a a number of.5% (2.05% healthcare certain.45% Medicare) contribution each for an overall of 7% for lower income workers should make it affordable for both workers and employers.

Conversely, earned income abroad, and residual income from foreign securities, rental, or everything else abroad, can be excluded from U.S. taxable income, or foreign taxes paid thereon, should be used as credits against U.S. taxes due.

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Any politician who attacks small business should be thrown from his ears, we employ over two-thirds of all Americans. Dah? Loser politician attorney in Portland, ought to know better. Think on this particular.