Business & Finance - 31 December 2007

About 2 months ago I received a notice from the IRS stating that I may owe them $5000 due to my stock company reporting x and my employer reporting x. I was given 30 days to dispute the audit results. Well I sent in a Schedule D form to balance out the two but I have received a notice of deficiency from the IRS stating I still owe them $5000. The notice also states that I have until March to petition the the tax courts. I called the IRS and the rep did some recalculating and now says I owe $2000...but they havent received my Scheduled D form yet...I am going to resend my dispute....my question is if I file my taxes now will they be taken?

2007-12-31 04:06:16 · 4 answers · asked by Kute_N_Pretti 5 in United States

2007-12-31 03:54:59 · 1 answers · asked by USA 1 in Corporations

..............$50K or more to start.

2007-12-31 03:46:03 · 5 answers · asked by Anonymous in Other - Careers & Employment

I am wondering what my tax return will approx. be, wondering if anyone out there is good at math and estimating.

I am married will be filing joint.
2 children
no expense for child care
made approx. $65,000 jointly
paid approx. $3000 to federal and $1200 to state
paid $3500 to medical expenses

If anyone can help that would be greatly appreciated...

2007-12-31 03:44:23 · 4 answers · asked by wermiller 2 in United States

He [ it isn't me its my friend ] is on the money there where he got layed off. So he is getting payed like 150 or so every 2 weeks for doing nothing. What can he do to get money without getting a real job like at Burger King? He has a lawn service in the summer but he doesn't know what to do now.. help please?

2007-12-31 03:42:34 · 9 answers · asked by Anonymous in Personal Finance

I know that the majority of you reading this question . . . you're outraged, but in the past, times got extremely hard. I had to do something and because of my credit, this was my only option. The fees are killing me. My girlfriend is no longer employed, therefore . . . I'm taking care of the bills. What happens if I choose not to pay these loans? I'm worried. I'm stressed. I've even began having anxiety attacks due to the stress. Serious answers only please. I'm in need of help.

2007-12-31 03:39:02 · 8 answers · asked by jaye.james84 1 in Credit

What is the most you can take out of an atm with a debit card from a pnc bank in one day?

2007-12-31 03:36:01 · 8 answers · asked by George 2 in Personal Finance

If I don't have a buyer agent, how do I check out a for sale property locked with a lockbox?

2007-12-31 03:34:12 · 7 answers · asked by Anonymous in Renting & Real Estate

How much can I use and do I incur a tax penalty for this? I am 61.5 years old.

2007-12-31 03:17:16 · 9 answers · asked by scott m 1 in United States

I have a question regarding a trading strategy that I am interested in pursuing. The strategy is as follows:
BUY: 100 shares ABC @ 19.00
BUY: One Jan 19 Put contract for ABC
Premium- $1*100= $100
Profit: $20+
Loss: $18-20
Even: $18 or less
By hedging the purchase of 100 shares of ABC, the options contract acts to decrease risk but in doing so also limits my potential profit. Essentially, I would be betting that upon expiration, ABC would be priced anywhere but within the $18-20 range. The strategy operates best in highest volitility. Immediate volitility inflates an options premium which in turn expands the area of inprofitiblity having, consequentially, this would most likely only be a hedge against loss moreso than a profit yielding strategy. However, while past and immediate volitlity are priced into an options contract is that the same for forecasted volitlitiy such as an impending earnings report?

2007-12-31 03:17:00 · 3 answers · asked by tmac5445 1 in Investing

If we split up what are my legal rights? He doesn't want me to pay any mortgage, he said half the bills and food. what are my legal rights?

2007-12-31 03:08:16 · 20 answers · asked by littlemissgio 3 in Renting & Real Estate

I am trying to get a est.on my tax refund using my last pay check stub.I am from indiana so is there a rate i can use and how do i get it

2007-12-31 03:04:21 · 1 answers · asked by whazupboys2004 1 in United States

I have worked for some elderly people where I live, cleaning houses and catering, nothing official, but when I put the contact information of these people on applications and get called in for an interview, I always get "Well that might be a form of experience, but it's not a real job where you have to punch in, etc, blah blah blah. We're looking for someone with real experience"

Now I'm stuck. What should I do, or how should I fill out my applications? I need some help

2007-12-31 02:51:46 · 7 answers · asked by X 2 in Other - Careers & Employment

like i want to get this thing but its $40 all together, and i have a $35 gift card and a $25 giftcard to amazon. is it possible to combine them to pay for this one thing?

2007-12-31 02:49:43 · 3 answers · asked by d.selten 3 in Personal Finance

I mailed off my rebate forms about 8-10 months ago to HP and have just received the rebate fro the monitor but the other $150 rebate I haven't heard anything about. What can I do???

2007-12-31 02:47:14 · 1 answers · asked by domino79101 2 in Credit

Hello everybody. I wish to all of you a happy new year which is coming in a few hours. I would like to ask a question regarding investments. Many times i have heard from people in the investment arena that to start an investment you must have at least 10000. I have to say though that there are not many people out there who have 10000 in cash to start an investment. What about these people and how could be helped in order to make a start in the investment arena. It is very hard to see that there are too much money around you but not for you. If anybody of you dear friends have an idea please contact me. Please only serious answers. Not serious answers will be reported. Thanks

2007-12-31 02:43:08 · 5 answers · asked by forextrade1970 2 in Investing

2007-12-31 02:42:52 · 1 answers · asked by payungkertass 1 in Corporations

Then became her own multimillion dollar company

2007-12-31 02:36:23 · 8 answers · asked by Anonymous in Other - Careers & Employment

2007-12-31 02:28:57 · 8 answers · asked by LiseAnne D 1 in Health Care

If i purchase a Jan 27.5 put option at a premium of $1.2, at what price will i begin to make a profit?
Is it at 27.5 or at 26.3? Thanks!

2007-12-31 02:26:35 · 5 answers · asked by tmac5445 1 in Investing

To avoid having to pay taxes on what is in your savings and checking account?

2007-12-31 02:24:47 · 3 answers · asked by BlackRepublican 2 in United States

I've wanted to get involved in the medical field assiting patients ever since my grandmother died in long term care, I saw how horrible their care could sometimes be and think people deserve better. I want to start looking into what I need to do to get trained for it but I have a lot tattoos on my arms, so I'm wondering would this make it hard for me to find a job in this field? I know times have changed but theres still a lot of ignorant people out there when it comes to tattoos, I wouldn't want invest so much time and money into it if I'm not even going to be able to get a job.

2007-12-31 02:15:14 · 7 answers · asked by v.e.n.d.e.t.t.a 2 in Health Care

I am just venting but I called other companies and they all say the same thing. In 2005 my policy was for $60,000.00 dwelling and today I recieved the policy and it called for over $109,000.00 coverage? I wrote my Senator and filed a complaint with the state's insurance division. Seems like a ripoff to me. I have NEVER had a claim and don't intend to. To me it is just the idea that they can double my house value in two years time........

2007-12-31 02:13:02 · 13 answers · asked by halfshy 5 in Insurance

I started a new job and was told they hold a pay period behind. It is a salary position paid bi-weekly. The comtroller is out 'sick' (she's having babies this week) and no one here can seem to answer my questions. I'm pretty naive when it comes to what amount of money I will be getting on my first paycheck. I assumed I'd get one two weeks ago, now I find out it'll be the 4th and while rent will be three days late I am trying to budget for the rest of the month.

Any and all information would be helpful. Lord knows I should have paid attention in an econ class.

2007-12-31 02:09:46 · 8 answers · asked by Bri 1 in Other - Business & Finance

i get around 6-7 k back.. but i have a need for it now, can any one help?

2007-12-31 02:08:53 · 6 answers · asked by robert f 2 in United States

The seller has came back after his real asking price of $49,000. Says yes he will pay the closing cost if I will pay 53,000 for the house. He says the house should appraise for the 53 amount. Do I go to the bank and tell this and see if they will up my loan or do I shop eles where for a house. My agent said go ahead with offer. It would only change my payment $6 a month. I'm thinking of the 30 years here.

2007-12-31 02:06:00 · 12 answers · asked by muggs 3 in Renting & Real Estate

I've heard it's roughly £7.50 per hour, which includes the night premium. I've worked it out as about £250 a week, after tax.

2007-12-31 01:55:52 · 2 answers · asked by Anonymous in Other - Careers & Employment

I'm giving my 60 day notice to my landlord today. I don't expect trouble as he would like my apartment vacant so he can charge the next tenant more (it's allowed by law in Ontario). I just don't want any trouble...so I'm putting my more vauable stuff in public storage. Any tips or experiences to share?

2007-12-31 01:49:49 · 5 answers · asked by Margaret S 1 in Renting & Real Estate

I'm in MLM - I've ask people for a definition when they ask me if what I'm in is a Pyramid/Pyramid Scheme - Isn't any business where the person at the top, a Pyramid? Such as Wal-Mart, Insurance, Brokers etc.?

2007-12-31 01:49:02 · 5 answers · asked by Anonymous in Small Business

I intends to use TurboTax; I have no debt, no mortgage. I was investing 401K at company. Currently, I'm and living in TX. There are 2 softwares available in the market such as TurboTax Delux and TurboTax premier. TurboTax premier have employer investment which one is the best ?

2007-12-31 01:47:12 · 4 answers · asked by Bill 1 in United States