Business & Finance - 20 December 2006

Facts: TP is a U.S. Citizen with some U.S. Income. He has a business in Italy (which if he ran in the U.S. would be a Sch. C with a net loss of 20k). He loses 20k in the business in Italy. Is there any reason he would not be able to deduct the loss on his U.S. return?

2006-12-20 00:26:56 · 3 answers · asked by woodluvto 2 in United States

My mortgage escrow account covers insurance and property taxes. Are these normally tax deductible expenses?

2006-12-20 00:24:49 · 7 answers · asked by scotteod 1 in Other - Taxes

Just wondering if they are still the same cowardly shambles of an excuse for a company to have to work for.

2006-12-20 00:24:41 · 2 answers · asked by mesun1408 6 in Corporations

high yield investment programs that are profitable are what i am looking for online, kindly reccommend such programs that have been tested and proven to be profitable

2006-12-20 00:16:29 · 4 answers · asked by akin p 1 in Investing

2006-12-20 00:16:03 · 5 answers · asked by dhenz 1 in Careers & Employment

2006-12-20 00:13:28 · 1 answers · asked by julie o 1 in Careers & Employment

2006-12-20 00:12:12 · 3 answers · asked by Frank Rizzo 2 in Other - Business & Finance

i have been suspended from work for suspicion of theft - which i didnt do and i went to the cab and they told me unless i have been working there for 1 year - i have worked there for 8-9 months - i dont have a leg to stand on, please help me?!

2006-12-20 00:08:28 · 16 answers · asked by Angie Cooper 2 in Careers & Employment

I've read we're 8 trillion dollars in debt...that's a lot of money, yet it seems our economy is oblivious to it...like student loans over 23,000 dollars. I was curious what's to become of this, and with such debt, would we have to ....oh start over from scratch as if the debt never existed? Or we can't and the next generation will have to answer for it? I don't know much about the situation, so i'm interested in knowing what's up.

ALSO on my search i found this page....so i'm curious if that's a legit solution for the deficit: http://www.federalbudget.com/amendm...

2006-12-20 00:08:07 · 2 answers · asked by Dennis 6 in Other - Business & Finance

I live in Japan. I must file taxes with Federal IRS, but do I need to file in GA? I have no property in GA, do not work in GA, receive no income in GA...all I have is my driver's license and I list my mother (in GA) as my stateside address when needed. I get different answers depending on what number I call.

2006-12-20 00:03:30 · 1 answers · asked by D.W. 6 in Other - Taxes