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Learn how sales taxes are imposed, calculated, and administered at the state and local levels in the US. Find out which states and territories have sales taxes, what goods and services are taxable, and how they differ from value added taxes.
Learn about the types, forms, deadlines, and preparation of federal and state tax returns in the U.S. Find out how to file an amended return, what is a tax return, and how to get free tax software.
Learn about the various forms and schedules used by the IRS for taxpayers and tax-exempt organizations to report financial information and calculate taxes. Find out the history, purpose, and features of Form 1040, the only form used for personal federal income tax returns since 2018.
The IRS is the federal revenue service of the United States, responsible for collecting taxes and administering the Internal Revenue Code. It is an agency of the Department of the Treasury and has a history dating back to the Civil War and the 16th Amendment.
Form 1040 is the main tax form filed by U.S. residents for personal federal income tax returns. It calculates the taxable income and determines the refund or payment due. Learn about the filing requirements, modalities, and history of Form 1040.
Use tax is a type of tax levied in the United States by numerous state governments on tangible personal property and taxable services purchased from out-of-state vendors. Learn how use tax is self-assessed and remitted by the end consumer, how it differs from sales tax, and how it is enforced by various states.
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