Income Tax

4 articles
tax
Finance

What Happens If You Don’t Pay Your Income Tax?

Learn the serious consequences of unpaid income tax, from penalties and interest to liens, wage garnishment, and legal...

Cassidy Perry · · 10 min
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Finance

What’s the difference between a progressive tax and a regressive tax?

Learn the key differences between progressive and regressive taxes. Understand how each system impacts taxpayers based on income...

Steven Peck · · 10 min
Finance

What’s the difference between a direct tax and an indirect tax?

Learn the key differences between direct and indirect taxes, including income and corporate taxes. Get practical tips to...

Steven Peck · · 7 min
Finance

What’s the difference between a payroll tax and an income tax?

Learn the key differences between payroll tax and income tax. Understand who pays each, how they fund programs...

Francisco Vasquez · · 10 min