Local and state governments sell municipal bonds to investors to help fund public projects like repairing a public park or building a new school. While municipal bonds pay tax-free...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2023
When a city, state, or county raises funding for state projects by issuing debt security, it is called municipal bonds. Common projects under such categories are road construction,...
Posted by Karen Munoz, EA on 03/18/2021
Property taxes are an important source of revenue for the city, state, and federal governments, which use the money to finance projects such as schools, road construction, maintenance,...
Posted by Don Bell Law on 07/16/2020
What do payroll taxes pay for?The federal government levies payroll taxes on wages and uses most of the revenue to fund Medicare, Social Security, and other insurance benefits focusing...
Posted by Flynn Financial Group Inc on 02/19/2019
The relationship between the community and theme parks are usually pretty smooth because of both benefits from one another. The parks hire a lot of people to work for them and their...
Posted by Advantage Tax Service on 09/24/2018
Anaheim ends tax breaks for Disneyland Resort? Is it right decision? Anaheim City Council has voted to end the agreements which provide Disneyland Resort the tax breaks to invest in...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 09/14/2018
In ancient times taxes are imposed and collected from every citizen to raise funds for the governing authorities. Benjamin Franklin once said, “Nothing in life is certain but...
Posted by Flynn Financial Group Inc on 04/23/2018
AccountantA Beginners Guide to TaxesCongress, the lawmaking branch of the main government, usually writes the Internal Revenue Code (IRC), which is also commonly referred to...
Posted by Williams Tax & Bookkeeping on 01/22/2016
