Taxes - August 2006

2006-08-30 08:19:23 · 4 answers · asked by cwfraggle 3 in Argentina

It is over $15,000.

2006-08-30 07:25:59 · 11 answers · asked by Anonymous in United States

Illinois Flex Spending Account

2006-08-30 06:29:06 · 3 answers · asked by Lori L 1 in United States

Just want to know if those hippocrites(the feds)tax our severance,because I know they don't get taxed!!!

2006-08-30 05:20:50 · 6 answers · asked by bigearl518 1 in Other - Taxes

2006-08-30 05:02:47 · 10 answers · asked by twin1mbc 1 in United States

2006-08-30 04:05:18 · 4 answers · asked by David W 1 in United States

2006-08-30 03:51:49 · 13 answers · asked by GABRIELLA 3 in United States

How do you pay taxes when you're an independent contractor? Should you hire a CPA? Is there a simply formula I could follow to save money?

2006-08-30 03:18:22 · 4 answers · asked by lovenpeace 1 in United States

Thanks for everyone that answered. Although the answers seem to be much varied, let me explain more in detail.

I drive 120 miles to work and back a day, averaging about ~$250-300 in gas a month. Is there somewhere on the tax return form or some provision where I can write this off?

I make enough from my web design 'job' at home to actually have to report it on my taxes, although I am currently disputing whether or not I should. (My brother takes projects on the side and outsources to me... no contract or anything... very casual). Obviously, my 'job' exists at home, for which I believe I am able to write off the cost of my computer, internet, phone, etc as long as it is used 100% for business purposes (which in my home office, I can argue it is). I also have a 9-5 that I commute to. Is there some way to justify my 'job' to job commute? From the response I got, I assume this is a write-off?

Thanks!

2006-08-30 02:43:08 · 5 answers · asked by chahsiubow 1 in United States

for 1 and a half year I was salaried now Ive started my own business which is yet to be registered as a firm. But I need atleast 2 years of IT to avail any kind of loan...is there any way ??

2006-08-30 02:09:22 · 7 answers · asked by Sagar 1 in India

2006-08-30 01:51:38 · 2 answers · asked by james m 1 in United States

(short of my parent sgiving all their money to charity, lol). I'm not sure if I'll need to pay it as it'll be split between me and my brother but it's good to know my options just in case.

2006-08-30 01:37:38 · 19 answers · asked by Little minx 5 in United Kingdom

1. Do we get some kind of a child credit now? If so, how much?

2. We did not change our exemptions, how much extra would 1 extra deduction translate into our refund?

3. I think I read somewhere that we can deduct the amount we spend on daycare. Is this true?

Anything else we should be aware of?

2006-08-30 01:21:05 · 8 answers · asked by Justin C 1 in United States

Is it:
11K PER YEAR,
12K PER YEAR,
11K IN A LIFETIME or
12K IN A LIFETIME.

2006-08-30 01:19:26 · 3 answers · asked by Anonymous in United States

2006-08-30 00:25:01 · 5 answers · asked by melody1876 1 in United States

2006-08-29 16:13:43 · 9 answers · asked by gebeee 1 in United States

2006-08-29 15:28:17 · 5 answers · asked by Ben 1 in United States

I want to eventually buy a condo in Rio, and I have an aunt who lives there.

2006-08-29 14:47:47 · 1 answers · asked by mulderlx 2 in Brazil

2006-08-29 14:41:30 · 8 answers · asked by ChiefNickNameadvancer 3 in Canada

I have broadband at home and sometimes use it for research relating to my job as a physio (1-2 week). Can I claim back any of the cost of the Internet connection on my tax return?

2006-08-29 13:39:55 · 5 answers · asked by Tonky 2 in Australia

If I didnt file in my tax return last year, can I submit it along with my tax return this year?

2006-08-29 13:37:41 · 9 answers · asked by Scsi Chick 1 in Australia

2006-08-29 13:31:19 · 1 answers · asked by sbaker76uk 2 in Australia

The options pay no dividends but they are vested - do you just ignore them until you sell them when doing your tax statement?

2006-08-29 13:28:28 · 5 answers · asked by yoki 3 in Australia

Printable Copy

2006-08-29 13:25:57 · 6 answers · asked by Anonymous in United States

Considering that I would recieve a refund, would it be possible to add them to next years tax returns if I wasn't able to get it done for any reason?

2006-08-29 12:47:12 · 4 answers · asked by Anonymous in United States

If I bought 10 shares of a stock at $10 each, I pay $100 + commissions. If the next day the company pays a dividend of $1, the stock price goes to $9 doesn't it?

When measuring capital gain in selling the stock the next day, do I measure gain from the $10+commissions level or the $9+commissions level?

In otherwords do I have to adjust my base cost for a stock after every dividend distribution so that the capital gains calculation makes sense?

Thanks.

2006-08-29 12:16:53 · 3 answers · asked by taxquestion 1 in Canada

2006-08-29 11:33:49 · 3 answers · asked by sethkevin 1 in United States

Lets say I am running a business. I have a client who I will provide a service for five years. What is better, to receive one bill for the five years of service for $1,000,000 or to receive a $200,000 annually for the duration of five years (under a contract)?

2006-08-29 10:55:09 · 7 answers · asked by yoepus 2 in United States

I drive 120 miles to work and back a day, averaging about ~$250-300 in gas a month. Is there somewhere on the tax return form or some provision where I can write this off?

2006-08-29 09:29:48 · 11 answers · asked by chahsiubow 1 in United States

2006-08-29 08:22:45 · 4 answers · asked by kris 2 in United States