BC'ers - how do you calculate the rate of income tax you should be paying? After googling I'm coming across wildly different rates for brackets, as well as terms like 'average rate' and 'marginal rate' (what are these? The internet doesn't want to tell me!) I normally do my own taxes at home (UK) but am being driven round the bend trying to get the figures for this.
I finally went through my mountains of paperwork this weekend and got a nice little filing system up and running. I have an ungodly amount of old paycheck stubs. Do I need to save these? Do you save medical bills? What about old tax returns? Arghshshs! [more inside]
According to Wikipedia the IRS has 106,000 employees. How many of them have access to Mitt Romney's tax returns? And the real question: why haven't they been leaked? Are there protections in place to not have just anyone access anyone else's tax return anonymously?
Do presidential/prime minister candidates in countries other than the United States release tax returns? [more inside]
I have never completed a US tax return before I would love some suggestions on things to watch out for, hints and tips or most important of all links to websites with good beginners information for filing your own returns.
More info follows. [more inside]
Can a prospective employer ask for my previous 2 years tax returns? [more inside]