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Mar 18, 2019

Curious how taxes work?  John Michael Kledis, EA, CFE, CVA explains just that - how state and local taxes work covering: the 7 types of taxes, types of Federal taxes, types of State taxes, and types of Local taxes.  This episode also covers:

  • Which states do NOT have income tax?
  • What is a flat tax vs. graduated tax?
  • What are sales tax?
  • How are Internet sales handled?
  • How is earned income vs. passive income handled and what are they?
  • What is nexus?