Taxes - September 2006

What paperwork is needed to become a 501(c) 3 non-profit organization??

2006-09-29 08:34:45 · 3 answers · asked by The Bowling League Champion!!! 2 in United States

I wish to become an Enrolled agent by taking the IRS test next year. I wish I could find a school or university with distance learning, or online classes to prepare me for this. I have 2 years individual income tax preperation experience. Any advice from EA's ou there?

2006-09-29 08:33:44 · 3 answers · asked by RamsGod 3 in United States

fake,cheap nails

2006-09-29 07:18:14 · 5 answers · asked by <3♥P@in,Ple@$ur3 2 in Germany

I have 2 x Consecutive £5 bank of england notes, I have seen these go for a lot of money, Why are these worth a lot? are they rare, what kind of price should I expect? I look forward to any reply, Thankyou in advance.

2006-09-29 06:33:09 · 5 answers · asked by pav t 1 in United Kingdom

I normally only take home under £300 a month and this overtime is a one off and I've paid £78 in NI contributions!

2006-09-29 06:26:30 · 10 answers · asked by Anonymous in United Kingdom

i have a stable job and thinking of getting a second job i am aware that it depends on your yearly total income,
which defines what tax bracket your placed into
so if you have number a chart of some sort
that will be perfect

2006-09-29 06:13:50 · 4 answers · asked by thomas t 1 in United Kingdom

2006-09-29 06:05:12 · 6 answers · asked by Anonymous in United States

taxes should i hold out i get payed were i pay my own any help would be grate full thks

2006-09-29 04:53:13 · 4 answers · asked by runninglate 2 in United States

On October 1, 2005, I bought a business which included a used delivery truck being used exclusively for my business. The used delivery truck was estimated to be $6K. I am trying to finish up 2005 tax return (Schedule c) which was extended. Here is my question on deducting the use of the truck.

I can take section 179 in 2005 and expense entire 6K, right? In that case, I guess I can not use mileage deductions any more beginning 2006.
Or I can use mileage deduction for 2005 and continue to use the mileage method.
But I found some where that if I depreciate my truck the first year using straight line method, I can use mileage method for 2005 and there after as well. What do you think is the best solution?
For your information, my mileage per month is about 1,000 miles. Thank you so much.

2006-09-29 04:49:47 · 3 answers · asked by WiseJ 2 in United States

2006-09-29 04:21:42 · 3 answers · asked by GABRIEL P 1 in United States

2006-09-29 04:02:33 · 8 answers · asked by Christine H 1 in United States

Can I give out tax credit slips to those that donate to my shop so that they can write it off on their taxes? And how would that affect the taxes I have to pay on the business?

2006-09-29 03:26:56 · 4 answers · asked by Cocoabutta98 4 in United States

2006-09-29 03:14:45 · 7 answers · asked by Anonymous in United States

2006-09-29 01:24:13 · 3 answers · asked by Anonymous in United States

the meaning of the word cess.the application is tax on tax.but what does the word cess mean?

2006-09-28 22:55:53 · 11 answers · asked by geminthemanger 1 in India

i think i have been super taxed on my wage! dose anyone know what the % is for the super tax and the normal tax.
thanks jenny

2006-09-28 20:45:21 · 5 answers · asked by marie 2 in United Kingdom

what types of investments give you the tax benifit apart from tax free interest on ISA? For the higher rate tax payer, i presume it will be 2.5 times the amount one wants to avoid paying tax of. Please suggest such options and if anything that can be applied retrospectively say for financial year 05-06.

2006-09-28 19:37:59 · 6 answers · asked by Anonymous in United Kingdom

I have two kids, so on my tax forms at work i carry 3 dependants, them plus me. So when i get paid they take out less taxes on my check, so does that mean i'm going to get less back at the beggining of the year when i go to file my taxes?

2006-09-28 18:28:54 · 3 answers · asked by Crystal W 1 in Other - Taxes

I work freelance as a photographer. Every week I send an invoice to the company I've been working for over a year. They pay me with no taxes taken out. When it becomes tax time, I'm gonna owe big time. Any ideas how to lower the taxable income?

2006-09-28 18:18:18 · 5 answers · asked by wonderaaron 1 in United States

2006-09-28 17:44:21 · 7 answers · asked by rasgodin 1 in India

If you are 59&1/2 is the money considered income. I know that there are no penalties or intrest on the withdrawl, but what about taxes at the end of the year. Is there a limit that can be taken out or can you take out as much as you need.

2006-09-28 15:52:19 · 6 answers · asked by KieKie 5 in United States

2006-09-28 15:14:45 · 4 answers · asked by vegasnites77 2 in United States

Enter the tax year for which you are making this request.
what year should i put, its a 2004 tax return but of course i filled at 2005.

2006-09-28 15:12:30 · 2 answers · asked by tinytots 1 in United States

I'm having a problem and can only find two of my w2's that equal $12,500 for 2005 yet my tax return says I made $14,500 and now I am disqualified for financial aid at my school! Help!

2006-09-28 14:26:50 · 5 answers · asked by Anonymous in United States

If I close (cash out) my IRA account early and if the total amount of my IRA (and the interest) plus my other total income is under the standard deduction, would I still owe money?

2006-09-28 11:34:20 · 5 answers · asked by Brenda P 1 in United States

I was left $500,000 in a WILL,how much in taxes will I have to pay on that?

2006-09-28 10:37:07 · 4 answers · asked by spoiledsarah25 3 in United States

i am working full time and paying taxes on my pay checks every year (company that i work for).

This year i started to work as a free-lancer as well. i make websites and get checks from my clients. I heard if my free-lance work is less then 10,000 then i dont have to pay any tax, is that true?

i pay alot of tax from my full time job and my free-lance work this years is around $15000, so should i file for this $15000, or should i let it go (as i am paying tax from my full time job already), is it extremely important to pay my tax on this amount? can i get in big trouble?

BTW i am in NY, USA.

Thanks

2006-09-28 10:30:43 · 6 answers · asked by Adil K 2 in United States

this lien shows up on only one of the three reporting agency. they want a relase before removing it. I have called the county that I live in; the state of minnesota; and the irs. nobody has a recored of it. help.

2006-09-28 10:23:17 · 3 answers · asked by steve a 1 in United States

2006-09-28 09:36:14 · 2 answers · asked by LBG 1 in United States

From personal experience, I know that the interest on an RV loan is often tax-deductible like a mortgage loan, as the RV is construed as a second home. I also know that if one were to cash out some investments to purchase other investments, one would not have to pay taxes on the proceeds.

So, my question is, since a second home could be considered an investment, if one were to cash out investments to purchase an RV, would the proceeds be non tax-deductible?

2006-09-28 08:55:11 · 6 answers · asked by skydivemommy 3 in United States