Taxes 101

Taxes are compulsory contributions to the state you live in, and to the federal government, levied by the government to pay for things that society as a whole needs but people can’t pay for individually. That includes everything from the roads you drive on to law enforcement to the salary of the President of the United States.

The best thing to do is get a basic understanding of taxes so that you can pay them accurately and on time, with minimum stress and pain — financial or emotional.