Filing status of a federal taxpayer has an immediate impact on the tax rate applied to taxable income. Consider a taxpayer, whose filing status is Single, with a taxable income of $50,000. Per the 2010 Tax Table, the tax liability would have been $8,675, for an average tax rate of 17.35 percent.
Escheat /áµ»sËtÊiËt/ is a common law doctrine that transfers the property of a person who died without heirs to the crown or state. It serves to ensure that property is not left in limbo without recognized ownership.
Keaneâs escheat reporting service is a cost-effective means of ensuring compliance and reporting unclaimed property accurately year after year. Many organizations realize the tremendous value in outsourcing their annual unclaimed property and escheat reporting work to Keane â and yours can too.