Tax?? how well do you know?

Question

1) how much do you know about tax?

2)do you file your own tax?

3)How much is the tax for small business in HI?

(for employer & for employee)

*do employers have to deduct tax from the total income

((sales income + tips for example)-wages)-tax<<is this right?

(individual wage - tax)

4)city with the highest tax??

5)how can one calculate one's tax (individual & small business)

Answer 1

There are lots of forms for you to fill out and mail in. That is how it is done. Add all your income, wages, tip, etc. and subtract your expenses. This is the profit. Compare your profit to the tax tables.

I am a professional tax preparer and I know a great deal about taxes and I file electronically with my company.

There are way too many cities out there and each city is different.