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.
eschew something (formal) to deliberately avoid or keep away from something He had eschewed politics in favour of a life practising law. Word Origin late Middle English: from Old French eschiver, ultimately of Germanic origin and related to German scheuen âshunâ, also to shy.