What is federal tax liability?

Answer Federal tax liability is the amount of taxes you owe for the year. Tax liability is computed by subtracting credits from the tax on adjusted income.Locating Tax LiabilityFederal tax liability is fo... Read More »

Top Q&A For: What is federal tax liability

What is my federal income tax liability?

Federal income tax liability is tax liability based upon various components. These include one's withheld income taxes, capital gains income, self employment income or tax payments or refunds. The ... Read More »

What is federal income tax liability?

The United States government collects taxes in order to fund Social Security, defense, and other programs and operations which the government views as vital. The amount of tax for which each perso... Read More »

What is the difference between Property owner's liability and Tenants liability?

Property owners Liability is the financial , legal liability attaches to property owners due to their property, where as tenants libility vice versa

What exactly are general liability and professional liability premiums based on?

this depends on the type of business it is. Some are rated on sales, area, tickets sold, etc...need more specific informationIt also depends on the company providing the policy. Some rate on sales,... Read More »