Taxes - August 2006

Basically, I need my full gross income for the next few months to handle some large expenses. I want to defer paying income taxes from my paycheck until a later date. I am currently W-2'ed and am paid based on commission. Do I need to change the filing status with payroll? With the IRS? Please advise, thanks!

2006-08-29 08:13:21 · 9 answers · asked by patrick_c_a 1 in United States

My husband a trucker and considerd and independent contractor. They do NOT take taxes and the like out of his paychecks. How do we go about paying the tax? We were told we needed to file paperwork every 3 months and that we should be holding x amount back, but what paperwork we need to file and how much to hold back is a mystery. Do we have to have an accountant or can we just do this ourselves? ANY information would be helpful. Thanks!

2006-08-29 07:10:12 · 7 answers · asked by JL's Mom 3 in United States

2006-08-29 06:27:09 · 3 answers · asked by carlos l 1 in Other - Taxes

Trying to find the owners/managers of a business in Raleigh, NC. I have first names, but need last names and contact information, if at all possible.

2006-08-29 06:15:26 · 5 answers · asked by croehrl 1 in United States

As far as I know if you make only so much like for example 3,000 a year you don't have to pay taxes. So what is the top limit when you have to start paying?

2006-08-29 06:07:39 · 6 answers · asked by D.J. 5 in United States

2006-08-29 05:13:10 · 4 answers · asked by indra707 1 in India

2006-08-29 04:50:08 · 4 answers · asked by josephtes 1 in United States

If I get student loans in the amount of 34900.00, and put into a checking account (private student loan) is this income that I have to report?

2006-08-29 04:46:02 · 10 answers · asked by noggle4 2 in United States

2006-08-29 04:22:54 · 11 answers · asked by Big Ed 1 in United States

2006-08-29 04:03:23 · 5 answers · asked by Jax 1 in United States

2006-08-29 02:38:09 · 3 answers · asked by breal72 1 in United States

Whether An PSU employee has to show share transactions while filing Income tax returns if he has not gained from it if yes then whether he has to shown summry of whole year share dealing or he has to attach each and every days share trading contract notes.

2006-08-29 00:13:51 · 3 answers · asked by Anonymous in India

I live in San Francisco and pay California's (in my opinion) outrageous 9.3% tax rate. In looking around I notice that Oregon has a 9% top rate while Nevada and Washington have no income tax. I know that Oregon has no sales tax, so that sort of explains things there. But can someone explain for me the basics of why California appears to be so much more expensive than Nevada and Washington? Is there some way as a California resident I can take advantage of something to avoid paying what appears to be thousands of dollars more than I would pay if I moved to Seattle? Alternately, is there some tax that they pay in Washington that I'm not considering? Finally, is it just that the California government is stupid and inefficient, or are they lacking sources of taxes that Washington state gets?

2006-08-28 22:03:07 · 7 answers · asked by deanvesuvio 2 in United States

If the rich get poor then who will lead us? We need to give them all the money, don't you think?

2006-08-28 20:41:36 · 6 answers · asked by blinky doodles 4 in United States

I am an ILO (independent loan officer) Basically I run my own business under a companies license and name, but i recieve a w-2 at the end of the year for taxes. Being that I am independent i pay for all advertising, business expenses, mileage to meet with customers and so forth, just like a regular business. I have heard that you can not right off expenses though because i am a w-2 employee like you can if you acutually opperate under your own business lic, name, and tax number. What should I be prepaired for in April 07!

2006-08-28 19:13:27 · 3 answers · asked by Anonymous in United States

the cell phone bill is outrageous because someone in my household is a cable bill collector.

2006-08-28 16:06:34 · 9 answers · asked by KelBean 4 in United States

2006-08-28 15:13:46 · 14 answers · asked by Sir Nickle Barsteward 3 in United Kingdom

2006-08-28 12:41:17 · 4 answers · asked by kysonubi 1 in United States

2006-08-28 11:54:18 · 4 answers · asked by anthony j 1 in United States

I hate the Georgia department of Revenue. The people they have working there are not the brightest crayons in the box. I paid a balance owed from 2003 in full in February of this year. My husband had made a mistake in our taxes in 2003 and didn't we didn't catch it until we had them professionally done in 2005. Well, we paid the balance in full in February of 2006 and we paid it online through the Georgia Department of Revenue website. We got a certified letter in the mail Thursday and my husband picked it up from the post office Friday. Would you believe that the Georgia Department of Revenue send us a letter saying that they are going to garnish my husband wages if we don't pay??? We have been on the phone all day with the Georgia Department of Revenue and to no avail. Every time we got someone on the line, they transferred us to some other robot who didn't know his head from a hole in the ground. We don't know what else to do but to keep calling. They close at 4:30 daily

2006-08-28 10:52:24 · 3 answers · asked by ♥ Tori ♥ 5 in United States

Tax Season-I need ideas

2006-08-28 10:51:07 · 7 answers · asked by lsugrl82 1 in United States

I have two IRA accounts. Both tradational. Can i move my money from one to other without penalties? Do I have to open a new rollover IRA account? If not, then what is a roll over IRA?

2006-08-28 09:40:58 · 2 answers · asked by shigatoxin 2 in United States

my pay went from 10/hr to 12/hr. we get paid semi monthly...each check is for 86.67 hrs. i live in wisconsin and i claim 6 on my w4 (i could have claimed 12 according to the worksheet)
i am trying to figure out the percentage they will take out for taxes

2006-08-28 09:28:53 · 10 answers · asked by Anonymous in United States

i just recently got a pay raise and i am going from, being paid weekly to semi monthly...before i the change they were taking right about 16.5%...it there anyway to know waht the %age is going to be beofre i get my first check with the raise
( i will get the 1st check thursday but i need to budget out for next month...school clothes /shoes/supplies for kids and rent ...you know all that fun stuff)
thanks in advance for any help y'all can give!

2006-08-28 09:08:18 · 7 answers · asked by Anonymous in United States

When I itemize my deductions this year can I claim?
--remodeling expenses for my home
--pet care bills
????

2006-08-28 08:38:39 · 8 answers · asked by Melissa G 2 in United States

I am 52 have 1 IRA with a financial planner and 2 other IRA's (non-deductable) different institution.how do I figure the payment I can take out monthly?

2006-08-28 08:34:12 · 3 answers · asked by tonyacar@pacbell.net 1 in United States

Hi, I hope you guys might be able to help me out here. I've been self-employed since July 2005 and I believe that this year I will have to complete my first self-assessment. I am definitely going to get an accountant involved, but due to the cost outlay (and the fact I'm quite skint at the moment) I would prefer to leave it for a couple of months. Could anyone tell me when the self-assessment form is due and how I get it? (is it sent to me?) Also, is it pretty straightforward to fill in? And when do I actually pay the tax - do I send a cheque with it or will I be billed for it?

Many Thanks In Advance!

2006-08-28 08:16:46 · 12 answers · asked by gromitski 5 in United Kingdom

2006-08-28 07:23:31 · 3 answers · asked by jacen_albert 1 in United States

2006-08-28 07:08:45 · 3 answers · asked by jean b 1 in Canada

I am currently 2 years behind on my taxes, what do i need in order to catch up on them. I am an independent contracter and on the 1099 form.

2006-08-28 05:36:33 · 7 answers · asked by MandY 1 in United States