Tax Planning - Why Doing It Now Is Extremely Important
121.00 ₦
Published date: 02/04/2025
- Location: 22826, Nunavut, Canada
You work tirelessly every day and again tax season has come and it looks like will not get the majority of a refund again calendar year. This could often be a good thing though.read through to.
10% (8.55% for healthcare and 3.45% Medicare to General Revenue) for my employer and me is $15,612.80 ($7,806.40 each), and also less than both currently pay now ($1,131.93 $7,887.10 = $9,019.03 my share and $1,131.93 $8,994 = $10,125.93 my employer's share). For my wife's employer and her is $6,204.41 ($785.71 my wife's share and $785.71 $4,632.99 = $5,418.70 her employer's share). Reducing the amount right down to a quite a few.5% (2.05% healthcare 1.45% Medicare) contribution per for an overall of 7% for low income workers should make it affordable for workers and employers.
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