Taxes - July 2006

2006-07-30 11:48:35 · 12 answers · asked by Anonymous in United States

2006-07-30 10:47:10 · 2 answers · asked by Tim 47 7 in United States

We are the managing members each with 50%. My income outside of the business is close to FICA ceiling . My husband's sole income will be through the new business. The income for the business will probably be zero to $ 50,000 for the first two or three years. Is there a tax election that is beneficial under this scenario?

2006-07-30 10:02:28 · 3 answers · asked by T Pyke 1 in United States

http://news.yahoo.com/news?tmpl=story&cid=514&u=/ap/20060730/ap_on_re_mi_ea/lebanon_israel_598

2006-07-30 08:17:12 · 5 answers · asked by Anonymous in United States

2006-07-30 08:03:58 · 12 answers · asked by lizard 2 in United States

for the 20th time,the ammount of tax your goverment gives has aid, is a lot less than the ammount your avarage 3rd world country worker pays,going by gnp and % most countrys give 1.2% to international aid, overweight america gives 0.4%, yes it may add upp has more money, but you pay a whole lot less then other countrys on lower means, so get over it and diet ok?

2006-07-30 01:56:53 · 12 answers · asked by drugsandgrapes 1 in United States

the republic of congo pays a higher % aid than you yanks going by gnp

2006-07-30 01:47:41 · 1 answers · asked by drugsandgrapes 1 in United States

In Indian context what returns are to be filed in respect of TDS and by which date

2006-07-30 00:00:20 · 6 answers · asked by Anonymous in India

I owe for state tax on a newspaper route (machines and dealers not home delivery)which I no longer have but I owe for taxes last year. I have a 1099 from last year which I used for my government taxes and I wanted to know if I could just use that to figure out my state tax that I owe instead of trying to figure out each quarter. I also have to deduct what I was paid from my dealers(7-11, Hess...etc) since the tax was paid on their papers already. I'm trying to get this done easily and quickly. just paying 1 amount would be easiest.

2006-07-29 17:06:08 · 3 answers · asked by tleigh517 2 in Other - Taxes

My mom’s estate (401K) makes an annual contribution to a BrightStar account we’ve set up for the kids. The money that went into the 401K is untaxed. Obviously, we must pay taxes on this.
I received a 1099-R from the trust. It appears we should complete a form 5329 - but in reading the instructions, 5329 does not seem to include this scenario. Would it be easier if I just add the 1099R to all my other 1099s and just report it as income?

2006-07-29 16:57:34 · 3 answers · asked by talldorknhandsome 1 in United States

and yet have us American Tax payers pay for there inspectors to inspect hardgoods going overseas and making 41 million.

2006-07-29 16:54:20 · 2 answers · asked by phazii 2 in United States

2006-07-29 16:47:56 · 7 answers · asked by dawn0013 1 in United States

ALSO:

I am in charge of a small club of college students and we are raising money for an educational trip.

- Do i need a tax id number to get ask for donations from places?
-I heard that you can use your social security number? Is this true? Do you report this on your taxes?

thank you so much

2006-07-29 16:41:50 · 7 answers · asked by here-we-go 2 in Other - Taxes

I won an item at a charity fundraiser (silent auction). I went up to pick up the item and the 'donator' wanted to charge me sales tax on the retail price of the item. The taxes are almost the same as the price I won the auction. Is this normal?

2006-07-29 15:37:30 · 5 answers · asked by AFGuY16 2 in United States

2006-07-29 15:23:01 · 3 answers · asked by summer 1 in United States

don't lie

2006-07-29 15:03:10 · 6 answers · asked by kago 2 in Other - Taxes

I am in the process of getting this paid but they had to go ahead with the filing of the "warrant" against me. Can I be arrested or anything if I get pulled over or something? They told me at the Department of Revenue that it is a "lien" on me or my business, which I ended last year but the paperwork was supposedly never received.(always my luck) I do owe for the taxes but not near as much as they say. I am just worried about what the warrant means.

2006-07-29 14:58:56 · 10 answers · asked by tleigh517 2 in United States

2006-07-29 12:22:47 · 18 answers · asked by Sir.Sally 1 in United States

What is the tax rate (including federal, state, and local) for a single woman earning $41,000 in arizona?

2006-07-29 11:50:44 · 4 answers · asked by Anonymous in United States

2006-07-29 10:53:35 · 18 answers · asked by mr man 2 in United States

2006-07-29 10:22:25 · 2 answers · asked by summer 1 in United Kingdom

2006-07-29 09:54:44 · 13 answers · asked by Phil_O 1 in United States

what is taxable income from a small bussiness run from home.

2006-07-29 09:09:36 · 3 answers · asked by farhan t 1 in United States

What do you know paying taxes?

2006-07-29 08:28:20 · 9 answers · asked by motherpeanutbutterbutinsky 6 in United States

2006-07-29 06:23:29 · 4 answers · asked by Anonymous in India

He has been there since November 2005. He will continue to work there till July 2007. I know he won't have taxes for the 2006 calender year, but since he is coming home 6 months into 2007, will he have to pay taxes on his overseas income for 2007 since he isn't completing that calender year? Thanks for any help!

2006-07-29 03:35:42 · 7 answers · asked by Favel_11 2 in United States

2006-07-29 03:33:02 · 3 answers · asked by sherri b 1 in United States

I want to know if a man is collecting social security when he is 65,and gets a full or part time job,will he be able to keep the money from that job without it being deducted from his social security check?

2006-07-29 02:38:30 · 13 answers · asked by canasta_jim_wins 1 in United States

Whether DEPB is considered as Export Incentive for calculating S. 80HHC deduction as per IT act?

2006-07-28 23:27:21 · 1 answers · asked by getsachin21 1 in India

There is a bill in congress to raise the fed minimum wage a couple bucks IF the inheiritance taxes are abolished. So, it looks lke the little guy gets a crumb and the wealthy get a cake. Are you in favor or not...and why?

2006-07-28 19:04:23 · 8 answers · asked by homerunhitter 4 in United States