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.
To eschew is defined as to purposely try to stay away from or to avoid. An example of eschew is when you hate airplanes and never go on them. to keep away from (something harmful or disliked); shun; avoid; abstain from. Origin of eschew.