Taxes - August 2006

A friend of mine is in a bit of a jam. He is an independent contractor and a company he worked for didn't pay him. When they filed their taxes claimed they paid him a ridiculous sum of money (to the tune of 90k) and he is having a heck of a time proving to the IRS that this didn’t happen (In fact, the original agreement was for 1 or 2k I believe, but I am not sure if this was documented any where). He sent them copies of his bank statements but that wasn’t enough. At this point he is deep in debt and can’t really afford a lawyer. Is there something he can do on his own to resolve this? What proof would he need to show that he never received this money? Thanks.

2006-08-11 18:20:21 · 4 answers · asked by Miz X 2 in United States

can any1 get in trouble 4 doin this ???????????

2006-08-11 16:13:27 · 9 answers · asked by Anonymous in United States

do i still owe intrest and arreres for back child support?

2006-08-11 12:51:41 · 6 answers · asked by sexybabiegirl7 1 in United States

tax, captial gains, united states, taxes, federal income tax

2006-08-11 12:28:54 · 4 answers · asked by i_got_questions 1 in United States

I am getting married tomorrow, and in leu of that, my fiancee and I are updating our w-4's.

A little background:
a) She has a son, 2 years old, that lives with us full time
b) I make 27,000/yr
c) She makes 16,000/yr
d) We rent an apt (but plan to buy in about 2 years, hopefully less)
e) She currently claims our son

If you need any more information, let me know. If you want to contact me directly, jon at phazm dot net is the best address to reach me by.

I want to know what would be the best amount to claim. (We really don't know anything about this, it's sad really) We don't know if we should file jointly or seperately, who should claim our son, etc.

Thanks in advance!

2006-08-11 12:09:49 · 13 answers · asked by Fuzzy Logic 1 in United States

What do you think of a (sales) tax-free holiday (weekend) in your state? Is there one or would you like one?

2006-08-11 11:14:19 · 9 answers · asked by bsc_student_08 2 in United States

2006-08-11 09:50:59 · 5 answers · asked by dmhastie 2 in United States

We are legally divorced and have 50/50 custody. I have our son from Monday after school through Friday when I drop him off at school. I provide medical insurance for him. My ex wants to claim him on his taxes this year but I feel I should. Which one of us can legally claim him? My ex says that if I claim him he wants half of whatever I get. Can he legally insist on that? Thanks in advance.

2006-08-11 09:13:27 · 8 answers · asked by orionsgirl76 3 in United States

Is there a easy way to decide whether one goes 1099 or w2?

I normally prefer w2 but recently get more 1099 calls on job hunting.

I am used to thinking that one must make more 1099 to equal w2.
But is there some method to help figure this?

2006-08-11 09:05:27 · 5 answers · asked by pcreamer2000 5 in United States

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2006-08-11 08:54:56 · 7 answers · asked by jay cumo 1 in Ireland

Is there any law that says we have to pay income tax? The IRS cites a lot of code, but this code has to come from a law passed by the congress, and it is this law I am looking for. And the 16th amandment says congress can pass those laws, but it still remains that people in congress have to pass those laws. So where is the law? (P.S. I am not trying to avoid my taxes because I don't make enough money to pay taxes, I am just curious).

2006-08-11 08:22:41 · 15 answers · asked by Anonymous in United States

I use hrblock online filing program for personal taxes. Can I still use it? My business will be opened to public from November. Is it better to give to an accontant?

2006-08-11 07:38:55 · 3 answers · asked by Enterpren 1 in United States

Does anyone know the TAX RATE applied to Poker Winnings. For instance, Gold who just one 12 million at the WSOP, what % will need to be paid for taxes. At what amount are winnings taxable? For instance, over $5,000 is taxable.

2006-08-11 07:15:41 · 3 answers · asked by Mike from FSU 1 in United States

2006-08-11 06:28:08 · 3 answers · asked by Linda L 2 in United States

Mr X an NRI purchased a flat in Goa for 6 lakhs in Aug-1996. He sells it for 10 lakhs in Aug-2006. If he has no other source of Indian income

1. What is his tax liability ?

2. Are there ways to minimise the tax liability ?

2006-08-11 06:25:35 · 2 answers · asked by Ralph R 2 in India

2006-08-11 06:13:32 · 5 answers · asked by ea6217 1 in United States

I am getting married tomorrow, and my fiancee has a two year old boy. Do I claim him as a depenedent? I buy the food, etc.

2006-08-11 04:06:01 · 7 answers · asked by Fuzzy Logic 1 in United States

i live in california and thers 8 %
but in states like nevada an new york thers none (or maybe alot less)

2006-08-10 18:36:31 · 9 answers · asked by Anonymous in United States

I am getting married on Saturday (12th of Aug.)
I also have a two year old son.
I make 27,000/yr before taxes
My fiancee makes 16,000/yr before taxes
We live together
We do not own a house (we rent)

So. Should I claim 6, get 90% of my paycheck, and put like $300/month into a high-gain savings account, or should I claim 1, and get a bigger return?

And how many should my fiancee claim?

2006-08-10 18:13:49 · 5 answers · asked by Fuzzy Logic 1 in United States

2006-08-10 17:20:58 · 6 answers · asked by emeraldandtopaz 1 in United States

2006-08-10 17:01:27 · 20 answers · asked by I-C-U 5 in United States

my hubby just got a new job in construction but i have no idea what a w-9 is and what it means?

2006-08-10 16:40:17 · 6 answers · asked by mary_llinas 2 in United States

I would imagine home improvement stuff like paint to paint your house, but what about appliances and furniture, or anything else for your home??

2006-08-10 14:57:35 · 7 answers · asked by migaltamirano 1 in United States

i just got a new job, different from my last one, and my checks are gona be the gross what i make. What do i need to do in order to not get my crap repossessed in th future? I know i gotta save and keep records of every last paycheck i received, but what really do i have to do?

2006-08-10 12:30:32 · 8 answers · asked by Monster 1 in United States

I found out that a man that I used to live with claimed me as a dependent without my knowledge or permission. I was living in his home but I was working and paying for myself. I even loaned him at least 5,000 which he won’t pay me back now. So I don’t feel like I was his dependent, just because I lived in his home and did not pay rent. I cooked cleaned and watched his child, not to mention I helped him with designing a webpage for his business, and helped him with a lot other work related assistance with his two businesses, without pay, just to help us both out. He also claimed me as part owner of his business, without my permission. He says that is not claiming me as a dependent now, and that he has taken me off what ever papers say that I am part owner of his business. I figure that I really should call the IRS for sure, but still I am nervous he will do it again. Do people think that I should, or can I take him to court for these issues with the taxes, or the other things?

2006-08-10 11:11:46 · 7 answers · asked by radesign2323 1 in United States

He makes about 100k per year and is taxed at about 30%. I make about 60K per year and file as head of household and have two of my own children and get taxed at about 15%. We live separately in Calif. We could also move in together.

2006-08-10 11:00:22 · 6 answers · asked by rikdi2 1 in United States

I normally file the 1040A , I never had deductions other than children.

2006-08-10 10:22:21 · 2 answers · asked by cool_in_la 1 in United States

Im a resident of Texas if that meens anything...

2006-08-10 09:12:30 · 4 answers · asked by sobe50418 1 in United States

2006-08-10 04:31:01 · 36 answers · asked by Maria Teresa S 1 in United Kingdom

2006-08-10 03:21:19 · 5 answers · asked by sdealdc 1 in United States