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Why Are Tips Taxed So Heavily? [Solved]

Tips are taxed because they are a form of income. Some tips are subject to Social Security and payroll taxes, and some are not. Tips that must be reported and taxed include: Cash tips totaling more than $20 in a one-month period.Nov 1, 2021

Understanding the U.S. Tax System in 5 Minutes - Types of Taxes in the United States

In order for the government to run, it needs money. The government gets its money by taxing people.

Capital Gains Taxes Explained: Short-Term Capital Gains vs. Long-Term Capital Gains

One of the main ways to profit from investing is to buy assets at one price and then sell them at a higher price. These types of …

Taxes for Musicians and Artists: Complete Guide

Hey people what’s up! It’s Claudio here and today I wanted to make a video about how to prepare your