(CNSNews.com) - Democratic presidential hopeful Bernie Sanders says, if elected his first budget would not be balanced and “taxes will go up.” ...

Forty-five states impose a direct tax on corporations, measured at least partially by net income. Michigan, Nevada, South Dakota, Washington. ...

Most large corporations are classified as C corporations and are required to file a federal corporate income tax return with the IRS every year.If the corporation ...

A Federal Estate Tax Return must generally be filed for the estate of every U.S. citizen or resident whose gross estate, taxable gifts, and specific exemptions exceed $2,000,000 in ...

The nation had few taxes in its early history. From 1791 to 1802, the United States government was supported by internal taxes on distilled spirits, carriages, refined sugar, tobacco and snuff, ...

The Internal Revenue Service (IRS), a bureau of the U.S. Treasury Department, is the federal agency charged with the administration of the tax laws passed by ...

The federal individual income tax is levied on the worldwide income of U.S. citizens and resident aliens and on certain types of U.S. source income of nonresidents. For a nonitemizer, “tax table ...
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