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Accounting & Tax Solutions, Inc. is a full service tax, accounting, and business consulting firm located in Lakewood, CO and serving Arvada, Lakewood, Wheatridge, Golden, Littleton, Morrison, Denver, Highlands Ranch, Englewood, Centennial, Aurora, Greenwood Village, Westminster, Thornton, Northglenn, Broomfield, Commerce City, and Brighton. See our Services pages for detailed information, call 303.232.8300 or click to Schedule an Appointment.
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Tax Tip: (November 29, 2011)
Who Really Pays the Tax?
We see many ads and much talk on TV regarding who pays how much tax – here are the FACTS as published by the IRS for the tax year 2009:
- The top 1% of all filers paid 36.7% of all Federal income taxes – AGI of over $343,927.
- The top 5% of all filers paid 58.7% of all Federal income taxes – AGI of over $154,653.
- The top 10% of all filers paid 70.5% of all Federal income taxes – AGI of over $112,124.
- The bottom 50% of all filers paid 2.25% of all Federal income taxes.
Not a political comment – just the FACTS!
Contact Us or call today: 303.232.8300
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Let Accounting & Tax Solutions, Inc. help you navigate through the many regulations and nuances of the tax laws, to ensure that you receive the expert advice of a licensed tax practitioner: Contact Form
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