Business & Finance - 28 October 2007

2007-10-28 15:30:49 · 2 answers · asked by mehran g 1 in Corporations

Does anyone understand how to translate gross income into net? For example, if I were earning $75K per year (paid monthly) and placing 6% into a 401k, 1.5% into a city tax and another $200 into insurance, what calculation(s) will bring me to net income? I know that 401k contributions are pre-tax, social security is 6.2% and medicare another 1.45%. That being said, does 401k come out before or after SS and medicare?

Ultimately, I'd like to set up a spreadsheet that can run this calculation.

2007-10-28 15:21:24 · 2 answers · asked by marko 1 in Personal Finance

Or what about having a card and never activated it?...

If a revoling line of credit is paid. off.. doesnt that help your credit and at the same time if i closed the account after its paid for... it will still lower my credit?.... wow this stuff is confusing lol.

2007-10-28 15:20:24 · 4 answers · asked by LuLu 1 in Credit

2007-10-28 15:17:58 · 5 answers · asked by Luke 1 in Law & Legal

some body told me if you put a cow or horse on your property you get a tax break , having a house built on four acres out in the boonies rural area

2007-10-28 15:16:36 · 6 answers · asked by Anonymous in United States

I recently purchased an atv. at the time, i could afford it with no problem. but, as my luck goes, i found out recently that i no longer can afford it and will HAVE to get rid of it. i've only ridden it once because this came up and i've been scared to drive it since. it only has 14 miles on it so its pretty much brand new. i was wondering if i took it back voluntarily, will it still hurt my credit? shouldnt they be able to resale it for about the same price since it only has 14 miles on it? very unlucky circumstances for me that these money problems came up right after i bought the atv. somebody please help!

2007-10-28 15:13:17 · 3 answers · asked by dirtychris2205 1 in Credit

hey all i made a late payment to my discover card for the first time, but i always pay on time. They put my apr to 18% i called them back and they took off my late fee but the 4% apr rate i had jumped to 18%.... how can i go about getting back to a lower rate? an how long will it take?

2007-10-28 15:00:37 · 3 answers · asked by Anonymous in Credit

Two big events happened over the Summer. (1) I got married and (2) I took a new job. Upon accepted the new job, I listed myself as married on my W4. To my surprise, my take home pay is coming at a higher % of gross pay than when I was single. All other factors are equal (retirement account, insurance, etc). Further, I should be in the same tax bracket with the new job as I was with the old.

Why is this the case? Does the govt tax married folks at a lesser %?

2007-10-28 14:47:29 · 4 answers · asked by marko 1 in United States

2007-10-28 14:45:57 · 5 answers · asked by betty jean 1 in Credit

Curt loaned thomas (a friend) 20,000 in 2005 with the agreement that the loan would be repaid in two years. In 2006, Thomas filed for bankruptcy and Curt learned that he could expect to receive .30 on the dollar. In 2007, final settlement was made and Curt received 4,000. Assuming the loan is a nonbusiness bad debt, how will Curt account for the bad debt?

I'm going bananas on how to approach this question. Can someone please shed some light?

2007-10-28 14:28:07 · 1 answers · asked by Mimi 1 in Personal Finance

2007-10-28 14:17:40 · 6 answers · asked by horsegirl7800 1 in Investing

2007-10-28 14:17:04 · 3 answers · asked by Anonymous in Investing

Does anyone have an example of where derivatives are used in business or economic applications?! Please help me!!

2007-10-28 14:16:58 · 3 answers · asked by Anonymous in Investing

Can someone help?

2007-10-28 14:00:44 · 2 answers · asked by Mimi 1 in United States

I'm a freshman in college and desparetly looking for a major. I was looking at majors and my school offers medical imaging i understand this would be x-rays, ct scans ect. I like that its only two years of class work and two years of clinical a lot. I was just wondering if anyone worked in this field and could give me some info about it (pro and cons, salary and so on) I looked at the occupational outlook hand book thing already but i want a more personal view please.

2007-10-28 13:51:14 · 2 answers · asked by Rachel 4 in Health Care

My United Healthcare insurance policy states that i have to pay a Copay of $35 for History and Exam for my primary and specialist doctor. Does it mean that i only have to pay that amount every time i visit the doctor? Or it is only for a physical exam. AKA History and Physical?

2007-10-28 13:50:19 · 3 answers · asked by Tim 5 in Insurance

I have no idea how they got my email but it seems an oil company needs my help. They are buying oil refinereries in Houeston Texas for millions of dollars and their investors will be making millions within day's because of the price of oil...they have offered to give me 100K to help them open up their American accounts. They said if I send them 3K they will open my account and wire me $100,000 on Wednesday. I wrote them that I was interested and he's calling me back tonight.

I feel like I have won the lottery!!!!!!!!!

Oh....he said that everything is 100% backed by the Nigerian government so it's 100% solid...for sure.

I've never done this....and suggestions?

2007-10-28 13:45:21 · 18 answers · asked by Anonymous in Credit

I found out that there are only few male nurses in every hospital rather than female nurses who dominated this career.

2007-10-28 13:44:12 · 5 answers · asked by Khamirul Bin Mataree 5 in Health Care

considering that you would have about 2 months to generate a big profit.

2007-10-28 13:39:15 · 5 answers · asked by Anonymous in Investing

I find it hard to save money and I really need some suggestions. Any advice or comments would be great!

Thanks!

2007-10-28 13:27:22 · 9 answers · asked by Virginia 3 in Personal Finance

is this real?does this exist?

2007-10-28 13:15:42 · 22 answers · asked by JCS 1 in Credit

2007-10-28 13:12:21 · 4 answers · asked by Brown eyed girl 7 in Investing

Like if I am a student staying in USA to study , and I get income from a job I do online , income paid to my account accessible from USA , do I have to report that income ?
If I have income from my home country (say , from rent ) do I have to report that to ?

2007-10-28 13:11:46 · 6 answers · asked by proteusmirabilus 4 in United States

then when we went to file they took it out of are income tax

2007-10-28 13:08:43 · 2 answers · asked by Anonymous in India

Hi I have like almost 20g on credit card debts. I was able to work due to injury and was on disability for past couple years. I didn't get much for disability so lived us a few credit cards. Now, I'll be going back to work but it is a modest paying office job.

What can I do about the debt?

My neigbor tried one of those credit consolidation companies recommended here and they asked for a small monthly minimum for all bills but turned out none of the $ went to pay the bills so she lost that $ and her credit cards were never paid! SO PLEASE don't just say some random online company. Please tell me a company if you used them with success or what else you did for successs.


I can't make the minimums, each card is like almost $200 minimum.
Please help, I choose to change and live off of cash vs. credit (unless true emergency or real bills, very few pleasures) but am dying on this plastic mess.

THANK YOU!


P.S. I tried calling all the credit card companies and no help!

2007-10-28 13:06:11 · 7 answers · asked by Lil Blousou 3 in Credit

Just curious...

Let's see if I get a studio, have at least 5 grand saved up, and I'm good with money, do you think its possible? Like how much do you think monthly bills would be and how much do you think I would need to make monthly to support myself?

Oh yeah I live in Southern California.

2007-10-28 13:04:12 · 3 answers · asked by Mark J 1 in Renting & Real Estate

hi, I'm just wondering what the pros and cons are of these careers:

-interior design
-realty
-private investigator
-something in criminal justice
-middle school education
-veterenary medicine

thanks

2007-10-28 13:02:07 · 6 answers · asked by Anonymous in Other - Careers & Employment

2007-10-28 13:00:53 · 5 answers · asked by Cheryl W 1 in Credit

I consolidated this credit card that i maxed at 5,000, and I consolidated two other cards one was 800.00, and 500.

Before i consolidated the three cards i was current and On TIME, but it was a deep HOLE in my pocket so I consolidated and took my interest rates from 15% to 4%, and I have been paying on time for a little over a year. I am getting an AwesoME christmas bonus from my job, and plan to pay off my debts after NOV.1.

so what I am asking is:

Will my credit score go up after paying down debt by 60%,(because I know its good to have a little debt!) or because its consolidated it will still look bad! i recent learned consolidating isnt a good thing to the credit people!

2007-10-28 13:00:09 · 2 answers · asked by ashley p 2 in Credit

You take over payments for property that's headed for foreclosure, and the house is yours once it's paid off. It sounds too good to be true because the payments are so low, for one thing.

2007-10-28 12:57:32 · 5 answers · asked by ♥megan♥ 2 in Renting & Real Estate