Taxes - July 2006

If you read this I would like to talk to you but your email has not been confirmed.

2006-07-18 08:26:54 · 4 answers · asked by lefthanded 1 in United States

2006-07-18 07:39:05 · 4 answers · asked by dream2me37 1 in United States

2006-07-18 05:42:18 · 1 answers · asked by Jerome Brown 1 in United States

I had to have 2 root canals done this year can I write them off of our taxes for 06. we had to pay for the whole thing out of pocket.

2006-07-18 05:05:33 · 7 answers · asked by MayberryNR5 6 in United States

is there a calculator to estimate what i've spent in sales tax over the year?

2006-07-18 02:04:23 · 1 answers · asked by :) 4 in United States

I recentley-- well actually more than a year ago-- got a business licence and I haven't done anything with my new business yet because i do not know how to file taxes for my new business. The IRS sent me quarterly employee tax forms or something, but i ignored them because i have no employees, and i have not sold a thing. They stopped sending me these forms, what does this mean?

All help appreciated :]

2006-07-17 20:45:02 · 5 answers · asked by xxmonkey321xx 1 in United States

the next years filing?

2006-07-17 20:29:36 · 12 answers · asked by mapleleafydude 2 in United States

2006-07-17 18:17:16 · 4 answers · asked by UserJoe9 3 in United States

2006-07-17 18:02:51 · 2 answers · asked by I like pizza 3 in United States

I want to setup a single-member New Mexico LLC for a website whose revenue is generated through banner advertising (the site would be hosted in NM). The business listing on the NM business website for all LLCs in New Mexico would point to a foreign out of country mailing address.

My main concerns are the "nexus" issues for a California resident.

* Can I do this with out having to pay the California Franchise Board or any tax to California? Even though I don't even have a office in California and all revenue would be generated from New Mexico (due to site being hosted there), I am worried about the "nexus" issues with California and being a resident there. (Ridiculous if you ask me).

* I remember seeing a old post (from 2000) from TaxMama - saying legally you could setup two LLCs in New Mexico (two entities - but the same person) and form a General Partnership in California and not have to pay the insanely high FTB $800 tax, and California Sales Tax. How can I do this?

2006-07-17 18:00:09 · 1 answers · asked by Anonymous in United States

I won on the lottery and claimed it was wiondering what i do know cann't afford to lose medical insurande

2006-07-17 17:13:48 · 11 answers · asked by Anonymous in United States

im guessing no?

and how about property tax (CA)?

2006-07-17 17:13:22 · 3 answers · asked by doedoebird 1 in United States

I have used a website before that was free, and lets you print them out, but I cant remember the name, please help. Im trying to find what loan to go with for buying a home. Thanx everyone!!

2006-07-17 15:40:57 · 6 answers · asked by RED SONIA 3 in United States

our restaurant has started inforcing the 100% of tips, but the waitress/waiters are wondering why they even clock in to work, when the paycheck is always 0.00. Does claiming all mean you get it back at end of year. I've been waitressing for along time and have never had to pay in.

2006-07-17 13:24:33 · 2 answers · asked by Anonymous in United States

2006-07-17 12:43:42 · 1 answers · asked by Anonymous in United States

Assume that an investor meets the guidelines for material participation in a business. While materially participating in the business, the investor does two things: 1) the investor expends his own funds to complete projects for this for this company, and 2) provides funds to help the company meet its expenses. Subsequently, the business closes. How does the materially participating investor categorize and deduct his losses?

2006-07-17 11:20:53 · 2 answers · asked by Robert S 1 in United States

I am trying to determine if a C Corp that has approx 20 shareholders, with one shareholder owning more than 50%, can be considered a closely held corporation?

2006-07-17 11:13:32 · 2 answers · asked by Robert S 1 in United States

2006-07-17 11:07:40 · 1 answers · asked by Frankie 1 in United States

2006-07-17 10:36:58 · 6 answers · asked by John H 1 in United States

I want to set up an account for charity. I have been thinking of a brokerage account with money in mutual funds, etc, from which i contribute yearly to a charity of choice. What are the tax implications of such accout? Will my contributions be tax exempt? What about the dividents?

2006-07-17 08:32:48 · 2 answers · asked by shigatoxin 2 in United States

Is there any way for a band (4 members) in Texas to become a small business and become entitled for tax exemptions? Or would I personally be able to write off guitars, amps, etc.?

2006-07-17 07:17:32 · 6 answers · asked by led0018 2 in United States

Hello,

I am wanting to get a vechical for my businesss. But I was told by a friend that you can only do a tax write off on a vechical if it is leased? I find that a little strange but wanted to confirm it.

Thanks!

2006-07-17 03:20:01 · 8 answers · asked by Milkman 2 in United States

Okay so it's not life and death, but overall I got his with my Bank accounts being frozen on Friday and a letter on its way to my company to garnish wages. I have contacted the IRS and they will be sending a letter to release my wages, however they are not willing to release my bank account money. This is a major issue as I have several checks in the mail, based on what was in my account. Now these checks will bounce and create more problems, which will ultimately leave me with no money to make payment on the back taxes...it's a crappy cycle and I can't seem to get out of it.

Do you have any advice on how to communicate with the IRS in a way that they will show some support and thus release all or the majority of the funds within the bank accounts?

2006-07-17 01:16:34 · 4 answers · asked by warequalspeace 4 in United States

I am a part-time sales consultant and I just wanted to know, when writing off something, for example $10.00 in office supplies, how much $$ does this correlate to me getting back? For example, bottom line, how much am I getting back in cash off of $10.00 in office supplies? And mileage as well? Thanks!

2006-07-17 01:02:41 · 4 answers · asked by Jenn B 2 in United States

Do you pay taxes on Social Security?

2006-07-17 00:47:11 · 2 answers · asked by Butch C 1 in United States

Can someone clarify for me...if I sell a small guest house I know I am liable for cap gains tax but am I able to deduct estate agents fees before my tax is assessed i.e. is it ok to use a really good and expensive estate agent because the fees are deductable anyway?

2006-07-16 23:54:09 · 4 answers · asked by Jackie 4 in United Kingdom

I am about to file IT Return of my uncle (Indian Resident, 64 years of age) for 2005-06, having income only from interests & dividends (Usually files Nil Return). During the year, he has recd 70000/-(approx.) from sale of shares. Will it be considered while calculating his taxable income? If yes, under which head it will be shown?

2006-07-16 19:18:48 · 4 answers · asked by Vishal 2 in India

Target calculated sales tax on the items purchased and s&h. Shouldn't sales tax only apply to the puchase amount? Also: when buying a hamburger with a coupon for "buy one, get one free", should the "free" hamburger be sales taxed?

2006-07-16 16:06:24 · 6 answers · asked by redd laffn 1 in United States

I am moving from the states and want to know what my take-home pay would be for $4000/month.

2006-07-16 15:22:21 · 1 answers · asked by Austin524 1 in Canada

Ive just started a job and the annual salary is £13,500 I was wondering how much I would get after deductions such as tax and NI.

I am just paying standard NI and tax and working for a company. I am 25 years old and work 35 hours a week dont know if you need that information.

2006-07-16 10:09:59 · 4 answers · asked by atticusblack19 1 in United Kingdom