When starting to use an Excel expense tracker, you might think that this is a rather simple concept. But, in actual fact, it can be a bit more complex than that.
There are two main types of taxes: income taxes and sales taxes. Although most people tend to use the term sales tax to describe the concept of a personal income tax, there is another type of tax that is entirely separate from these two and is referred to as the sales tax. This type of tax includes most sales taxes in the United States, including gas, lodging, and food.