Taxes - September 2006

Its not like I make alot of money babysitting for in-laws. My husband earns a living. I just babysit for cash to buy our food. He earns enough to pay the bills, but not much left after that. Now if I have to pay taxes on the little I make from babysitting----------------well I guess I won't be buying groceries.

2006-09-22 02:05:28 · 16 answers · asked by cheerios 1 in United States

2006-09-22 01:22:23 · 10 answers · asked by bubbles5733 1 in United States

2006-09-22 01:18:15 · 6 answers · asked by Anonymous in United States

Helloo.....
Pls help me at Economic .....
The govement imposes tax on cars and the tax is to be paid by sellers.
a)Will the price paid by consumers rise?WHY......
b)Could the supply increase?WHY.....
Can ur explain 4 me....
and teach me how to draw the appropriate diagrams.
Thanks....

2006-09-22 01:07:47 · 3 answers · asked by albee 1 in Other - Taxes

2006-09-21 20:32:00 · 4 answers · asked by Jennifer 2 in United States

2006-09-21 19:19:55 · 6 answers · asked by lobo1997 1 in United States

When Canadians living in Lebanon were rescued by Canada, the Canadian taxpayers paid the whole shot. Now these same Lebanese Canadians have gone back to Lebanon. They do not pay taxes in Canada. Is this fair?

2006-09-21 18:07:14 · 4 answers · asked by lottyjoy 6 in Canada

My boyfriend makes a lot more money than I do, we want to bring home the most amount of money possibe per paycheck but still get money back come tax return season. I always get a refund but my boyfriend always owes.

2006-09-21 17:49:38 · 12 answers · asked by Anonymous in United States

I don't know much about cd's except that they earn better interest than savings accounts. My 13 year old daughter received a settlement for a dog bite that she suffered.
It is court ordered that it be placed into a trust or account of some sort that cannot be touched by anyone. She gets it when she turns 18.
Right now it is in a savings account but I want to change it to a cd so she can earn better interest. Someone told me that as her parents, we would have to pay taxes on the interest. That makes no sense since we do not benefit from this money. Do we have to pay it or does she have to pay it later?

2006-09-21 17:37:19 · 7 answers · asked by Anonymous in United States

2006-09-21 17:11:15 · 8 answers · asked by mazewalker1963 1 in United States

does that mean hes not paying the correct taxes? and if that is true doesnt that mean ill be in trouble when it comes time for me to claim some of that money

2006-09-21 16:11:55 · 17 answers · asked by Anonymous in United States

2006-09-21 15:39:04 · 2 answers · asked by jemma 37 1 in Australia

2006-09-21 13:57:32 · 3 answers · asked by zecharias m 1 in United States

2006-09-21 13:54:44 · 2 answers · asked by Ramya P 1 in United States

I am an American English teacher in S. Korea.I was told by a tax consultant in the U.S. that I didnt have to file a return in the US if I didnt have any employment there or have any w-2 forms to report and didnt make over 80K a year.I pay the Koran taxes here.Does anyone have a definitive answer?

2006-09-21 12:03:51 · 7 answers · asked by Anonymous in United States

the tankers that carry the gas to the stations

2006-09-21 11:31:49 · 4 answers · asked by andrew t 1 in United States

At the end of 2001, Kazlo Company has total assets and liabilities at $40,000 and $13,000, respectively. Kazlo reported net income for 2002 in the amount of $10,000. How much is stockholders’ equity at the end of 2002?

Could somebody explain how this is done?

2006-09-21 11:31:48 · 6 answers · asked by J R 2 in United States

- which could be based on how much energy the item will consume in production and use? What d'ya reckon?

2006-09-21 09:41:41 · 3 answers · asked by Timmo 1 in United Kingdom

2006-09-21 09:27:53 · 4 answers · asked by allie 2 in United States

I got married in July. I haven't changed my W-4 at all since the event and neither has my husband. He feels we should leave our W-4's alone until Jan 2007. He also says that since we got married after July 1 we can file our taxes as Head of Household & with our individual dependents as we did for 2005 taxes. I'm concerned about penalties, audits, handcuffs :). Can we do this?? References to web sites would be great too...I've searched but haven't found a lot on this.

2006-09-21 09:19:09 · 7 answers · asked by The Steele's 3 in United States

I file separately and husband (of four years) told me that he had taken care of his taxes. Obviously he has not. How can I protect my assests?

2006-09-21 08:34:48 · 5 answers · asked by TiaDeborah 1 in United States

Our company (a music store) engaged in the following transactions and activities during 2005 (its first year of operations):
1/1/2005 Issued common stock for $100,000 cash. Borrowed $400,000 cash from CountyBank. The money is to be repaid on 1/1/2008, along with interest.
1/2/2005 Purchased $100,000 of inventory on account, and paid $80,000 cash for equipment with a four-year life (and no salvage value).
4/1/2005 Paid $15,000 cash on the outstanding account created on 3/1/2005.
5/1/2005 Sold $30,000 of inventory for $200,000 on account. Paid a $17,000 dividend.
8/1/2005 Purchased land for $18,000 cash.
10/1/2005 Collected $125,000 from customers from the 5/1/2005 sale.
12/31/2005 At year-end, recorded one-year’s depreciation, accrued $40,000 interest on the bank loan, and reclassified some liability amount as current.


*What is the total (net) amount of cash flow from operating activities on your 12/31/2005 annual financial statements?

2006-09-21 08:01:01 · 3 answers · asked by Anonymous in United States

2006-09-21 07:35:10 · 7 answers · asked by walkerlee06 1 in United States

2006-09-21 06:34:13 · 6 answers · asked by marcyroban 1 in Other - Taxes

1. If the original account was $4000, and the creditor added $7000 in late fees and interest in four years, although you requested the account be closed 4 years ago, and made your last payment at that time, are the additional fees legal? Isn't there some type of legal cap, or can over $100 or more be added each month for years?

2. If a company agrees to accept 50% on a debt, where the forgiven 50% only consists of late fees and interest, can they later ask for the entire amount, and take the debtor to court for a judgement?

Also, is the debtor responsible for taxes on the forgiven amount, if it only consists of late fees and interest, and not from the original credit amount itself?

2006-09-21 06:31:03 · 4 answers · asked by Anonymous in United States

This is a requirement for naturalization: "send evidence that you continued to live, work, and/or keep ties to the United States, such as:
1. An IRS tax return “transcript” or an IRS-certified tax return listing tax information for the last 5 years"

Is it possible to get this & how?

2006-09-21 06:01:20 · 5 answers · asked by afrodyzyak 5 in United States

What net percentage (or actual tax amount), is imposed on the following example ?

A couple filing jointly, claiming standard deductions and
standard exemptions, with $ 30,000 income ?

Thanks in advance for your informed answer.

2006-09-21 05:30:52 · 4 answers · asked by Anonymous in United States

2006-09-21 04:17:18 · 8 answers · asked by Makeshift0 1 in United Kingdom

have not paid taxes in seven years

2006-09-21 03:05:55 · 12 answers · asked by sicwidit 2 in United States

2006-09-21 01:54:46 · 6 answers · asked by Ananthasayana K 1 in India