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State Corporation Income and Franchise Taxes

Forty-five states impose a direct tax on corporations, measured at least partially by net income. Michigan, Nevada, South Dakota, Washington, and Wyoming are the exceptions, though Michigan…

Poverty

Below is an overview of the number and rate of people who were living in poverty in the United States in 2007. The figures, which are broken down by age, race, family type, region, and nativity, are…

To Buy—Aye, There's the Rub

To Buy or Not To Buy, That Is the Question With all the advertisements for snazzy new cars and low monthly payments, it is becoming increasingly difficult to resist the siren call beckoning us to…

Consumer Websites

American Council on Consumer Interests: www.consumerinterests.org Better Business Bureau: www.bbb.org Consumers Union: www.consumersunion.org Consumer World: www.consumerworld.org Federal Citizen…

History of the Income Tax in the United States

Source: Tax Foundation. 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…

The IRS

Auditing Tax Returns The Appeals Process Internal Revenue Service Statistics The IRS Got Audited in 2013 and It Wasn't Pretty. The Internal Revenue Service (IRS), a bureau of the U.S.…

Auditing Tax Returns

Most taxpayers' contacts with the IRS arise through the auditing of their tax returns. The service has been empowered by Congress to inquire about all persons who may be liable for any tax…

The Appeals Process

Taxpayers who, after audit of their tax returns, disagree with a proposed change in their tax liabilities are entitled to an independent review of their cases. Taxpayers are able to seek an…