taxation in the usa 2014

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Taxation in the United States By Coupon Canny

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Tax Preparation is important, its best to have it done on time and accurately. This Presentation discusses the Taxation system in the USA and the assistance which can be sought to get one's tax prepared.

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Page 1: Taxation in the usa 2014

Taxation in the United States

By Coupon Canny

Page 2: Taxation in the usa 2014

The United States

A Federal Republic With Autonomous state and Local Governments

Page 3: Taxation in the usa 2014

Taxes Imposed ON

• Income• Payroll• Property• Sales• Imports• Estates • Gifts

Page 4: Taxation in the usa 2014

Tax is Calculated On

• Net income of individuals and corporations• Non Residents are taxed on worldwide

income

Page 5: Taxation in the usa 2014

Filing Status

• Federal and state income tax is calculated, and returns filed, for each taxpayer.

• Two married individuals may calculate tax and file returns jointly or separately.

• Unmarried individuals supporting children or certain other relatives may file a return as a head of household.

Page 6: Taxation in the usa 2014

Standard Deductions

Page 7: Taxation in the usa 2014

Tax Brackets by IRS Single Tax Payers

Page 8: Taxation in the usa 2014

Married Filing Jointly and Surviving Spouses

Page 9: Taxation in the usa 2014

Head Of Household

Page 10: Taxation in the usa 2014

Married Filing Separately

Page 11: Taxation in the usa 2014

Methods of Calculating Tax

• Self estimation based on incomes and expenditures.

• Online Softwares • Tax consultants

Page 12: Taxation in the usa 2014

Online Tax help

• Online Tax Filing an upcoming trend • Fast and Convenient

• Lesser chances of making a mistake • Step by step guidance

• Affordable

Page 13: Taxation in the usa 2014

The Best Online Tax Support

• TaxAct– Free Federal Return is Free– Returns can be filed through the phone.– Provide valuable input while filing – Separate tax plans based on status (individual or

enterprise) – Fast and Reliable

Page 14: Taxation in the usa 2014

eSmart Tax

• 8 Million returns filed.• Schemes based on filing requirements.• Liberty Tax Service office for offline help.• eSmart Tax is an IRS-approved online tax filing

service.• Tax filing based on easy Yes & No Questions.

Page 15: Taxation in the usa 2014

TaxBrain

• A quick tax calculation with live support.• Provides the fastest possible refund when you e-file

your tax return.• Information is always safe and secure.• Been service providers over a period of 35 years.• A very easy to follow procedure a must for those who

want to calculate themselves.

Page 16: Taxation in the usa 2014

H&R Block

• They help to get your refund early.• Provide online as well as soft wares for tax

calculation.• They have offices for offline filling help.• Easiest software in the market, comes highly

recommended. • Unlimited advice by an tax expert after

purchase of software.

Page 17: Taxation in the usa 2014

TurboTax

• The biggest player in the market.• 100% accurate calculations.• Maximum refunds guaranteed.• Option to track refund provided.

Page 18: Taxation in the usa 2014

Save on Tax Calculation

Use Online Coupons for the best deals on Online as well as offline tax Calculation Support.

For the best offers on the best brands for Tax Calculation

Visit : http://www.couponcanny.com/tax-preparation-deals/

Follow us Facebook: https://www.facebook.com/couponcannyusa

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Page 19: Taxation in the usa 2014

Thank You