Welcome to Mahalo Taxes!
Taxes are charges enforced by government-bodies on income, property, products and activity. There are two types of taxes, a direct tax and an indirect tax. The direct tax is generally paid by an individual or entity directly to the government. An indirect tax is generally paid to an intermediary by an individual or entity. The intermediary then distributes those funds to the government.Taxes
The following video, hosted by Jon Butler, one of Mahalo's tax experts, explains how you can check your tax refund status. You can check either online by going to the IRS website and clicking on "Where's My Refund?" or by phone at (800) 829-1040. You'll need your Social Security Number (or Individual Taxpayer Identification Number), Filing Status (Single, Married Filing Joint Return, Married Filing Separate Return, Head of Household, or Qualifying Widow(er) and the exact whole dollar amount of your refund.
Taxes Playlist
The following pages explain different forms of taxes and steps you can take to properly file your taxes.
- How to Check Your State Tax Refund Status
- How to File Your Taxes
- Capital Gains Tax
- Interest Rates
- Federal Funds Rate
- United States
- IRS
- How to Do Your Taxes
- How to File Taxes Online for Free
- How to Spend Your Tax Rebate
- Tax Reform
- George W. Bush
- iPod Tax
- How to Manage a 401(k)
- How to Form an S Corporation
- How to Get Your Georgia State Tax Refund
- How to Get Your Ohio State Tax Refund
- How to Avoid Common Tax Mistakes
- How File Your Taxes Using eFile
- How to Get Tax Breaks
The following video explains some common tax mistakes to avoid, which will help decrease your chances of being audited by the IRS.
2007 U.S. Federal Tax Bracket
- $0 - $7,825: 10%
- $7,825 - $31,850: $782.50 plus a 15% charge on income over $7,825
- $31,850 - $77,100: 4,386.25 plus a 25% charge on income over $31,850
- $77,100 - $160,850: $15,698.75 plus a 28% charge on income over $77,100
- $160,850 - $349,700: $39,148.75 plus a 33% charge on income over $160,850
- $349,700 - no limit: $101,469.25 plus a 35% charge on income over $349,700
References
Meet Our Experts
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Keith Hall
After graduating from the University of Texas at Austin with a degree in accounting, Keith worked for KPMG and was the CFO of a bank before starting his own accounting practice in Dallas, Texas. He now serves as the National Tax Advisor for the National Association for the Self Employed. Additionally, he travels from state to state conducting seminars and giving interviews. He's been consulted by The New York Times, The Washington Post, CNN.com and even Good Housekeeping, but he always makes time for one-on-one conversations with small business owners.
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Jon Butler
Jon received a bachelor's degree in accounting with a minor in economics from Luther College in Decorah, Iowa. He offers private tax consulting and is also a licensed real estate agent in the state of California. He works with sellers of distressed properties (short sales and foreclosures) and a number of buyers and investors.
Fast Facts
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Examples of direct taxes
Property tax, income tax and capital gains tax
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Examples of indirect taxes
Sales tax, goods and services tax
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Fact:
Taxes fund government spending
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Fact:
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Fact:
Taxes can be used to allocate money from the rich to the poor
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Fact:
Taxes can be used to dissuade activity, examples of such taxes are the pollution tax and the tax on cigarettes
