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2. How to determine your tax withholding to avoid surprises next ...

   www.aol.com/finance/determine-tax-withholding...

   But if you receive unexpected income — such as a bonus — you should consider increasing your withholding. You can apply one of the IRS's two conditions — known as the safe harbor — to ...

3. List of sovereign states by tax revenue to GDP ratio - Wikipedia

   en.wikipedia.org/wiki/List_of_sovereign_states...

   The tax percentage for each country listed in the source has been added to the chart. Tax revenue as percentage of GDP in the European Union. Relation between the tax revenue to GDP ratio and the real GDP growth rate (average rate in years 2013–2018, according to List of countries by real GDP growth rate, data mainly from the World Bank ...

4. Excess burden of taxation - Wikipedia

   en.wikipedia.org/wiki/Excess_burden_of_taxation

   Taxation. In economics, the excess burden of taxation is one of the economic losses that society suffers as the result of taxes or subsidies. Economic theory posits that distortions change the amount and type of economic behavior from that which would occur in a free market without the tax. Excess burdens can be measured using the average cost ...

5. Medical Expenses You Can Deduct From Your Taxes - AOL

   www.aol.com/finance/medical-expenses-deduct...

   To lower your overall tax burden, learn exactly what qualifies as a deductible medical expense and how to calculate your tax deduction ... subtracting your $3,750 base amount from the $6,500 in ...

6. Taxation in the United States - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_the_United_States

   The tax gap is the difference between the amount of tax legally owed and the amount actually collected by the government. The tax gap in 2006 was estimated to be $450 billion. The tax gap two years later in 2008 was estimated to be in the range of $450–$500 billion and unreported income was estimated to be approximately $2 trillion.

7. How Much Is The Tax Underpayment Penalty? Can I Avoid ... - AOL

   www.aol.com/finance/much-tax-underpayment...

   To calculate an underpayment penalty, the IRS then multiplies the amount of unpaid tax by the quarterly interest rate. This calculation is done for the period from the return’s due date until ...