Depreciating Business Assets
The advantages, from a business perspective, of spreading the value of an asset over several years. This lesson also distinguishes between tangible and intangible assets.
Subject: tax
Transcript: HE CAN DEPRECIATE IT AND DEDUCT THE COST FROM HIS COMPANY'S TAXES. SO I'M SURE HE'LL SAVE A BUNDLE. AH HA, THERE WAS A TIME WHEN I COULD FIX ANYTHING I
Sales and Property Taxes
The concept of taxation; why taxes are paid, various kinds of taxes and what we get in return for our tax dollars.
Series: Sales And Property Taxes
Subject: taxes
Transcript: WERE BEING TAXED BY ENGLAND. YOU KNOW, THE TEA TAX AND ALL THAT STUFF. SEE. THAT'S WHY I NEED THE HAT. TO GET IN THE MOOD TO WRITE MY LETTER. WELL, WHAT
Social Security and Withholding
Payroll as a critical component in a business's recordkeeping system, outlining the process for calculating payroll deductions, and filing payroll records and returns.
Subject: tax
Transcript: . NOT NOW-- PAYCHECKS ARE GETTING COMPLICATED, JUST LIKE EVERYTHING ELSE. NOW THERE ARE DEDUCTIONS. TAXES, OF COURSE-- FEDERAL AND STATE-- THAT TAKES A
Corporations
from liability. It also offers tax flexibility, and allows employees to participate in various types of insurance plans and profit sharing.
Subject: tax
Transcript: BUSINESS OWNER FROM LIABILITY. WHAT'S MORE, IT OFFERS TAX FLEXIBILITY AND ALLOWS EMPLOYEES TO PARTICIPATE IN VARIOUS TYPES OF INSURANCE PLANS AND PROFIT
Income Taxes
Details on how taxes are spent, stressing the fact that tax laws are constantly changing forcing the business person to stay informed.
Series: Income Taxes
Subject: tax
Transcript: [MUSIC PLAYING] EVERY YEAR, THE IRS CREATES A WHOLE NEW SET OF FORMS AND INSTRUCTIONS ON HOW TO FILL OUT YOUR INCOME TAX. LITERATURE, THEY CALL IT