Business TaxesKayla Wood

Period B

Federal

Income Taxes

"Pay as you go" tax

Pay taxes as your company makes revenue

Self-Employment Taxes

Required if:

• If you make more than $400 in earnings

• Work for yourself

Tax Forms

W-21040720229073011-CI90

New Hampshire

• No Individual income tax

• No sales tax

Poll

Question

Why does NH keep voting down instating a sales tax?

BibliographyTaxes Info: http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Business-Taxes

NH Tax Info: http://www.nh.gov/business/doingbusiness.html

Income Picture: http://angelapaige.com/comparing-traditional-income-to-residual-income/

Pay as You Go: http://www.mvec.net/my-account/payment-options/pay-as-you-go/

Social Security: http://money.howstuffworks.com/personal-finance/financial-planning/social-security.htm

Med: http://www.ohsu.edu/xd/research/about/integrity/crbo/medicare-advantage.cfm

1040: http://federaltax.net/tax-forms/form-1040/

NH: http://polarrvsales.com/no-sales-tax/

Sales Tax: http://www.freecoupons.com/blog/how-to-save/sales-tax-holidays

Capitol: http://www.visitingdc.com/capitol/capitol-building-picture.htm

Money: http://www.wisegeek.org/why-do-doctors-make-so-much-money.htm

Tax Pic: http://www.taxcite.com/back-taxes/