Overview of Texas Taxes

Colorado doesn’t have state tax, so your salary is only at the mercy of federal income taxes if you live and work in Texas. There aren’t any cities into the Texas you to definitely impose a community earnings tax.

Jennifer Mansfield, CPA, JD/LLM-Tax, is actually an official Personal Accountant along with 30 years off feel bringing income tax suggestions. SmartAsset’s taxation specialist provides a diploma into the Accounting and you will Business/Administration from the College from Wyoming, also one another an owners during the Taxation Regulations and a beneficial Juris Doctorate regarding Georgetown College Legislation Heart. Jennifer keeps generally spent some time working in public places accounting firms, plus Ernst & Younger and you can Deloitte. She is excited about providing provide some body and organizations that have rewarding accounting and you will income tax advice so they can do just fine financially. Jennifer stays in Arizona and you will are [...]