Taxes - October 2006

2006-10-18 04:34:44 · 2 answers · asked by Kisfan1 1 in United States

2006-10-17 23:45:55 · 2 answers · asked by atoz_accounting 1 in India

Is it complusory for non-resident indians to have PAN.

2006-10-17 23:41:21 · 3 answers · asked by insiminsi 1 in India

I am currently over seas working tax free. If I stay 330 days I know I dont have to pay taxes due to the amount I make. If I choose to leave early I will have to claim it all and pay at the end of the year. How much will I have to pay on say roughly 60k? I own nothing and have no kids.However, I'm married and as of now my wife is a full time student. Would buying land by the end of the year help and how much?

2006-10-17 23:16:55 · 4 answers · asked by Anonymous in United States

do to our benifit agreement if i received other monies from the goverment and received sick pay benifits those monies will be deducted from my disability check. How ever it took eight months to received goverment moneis and so I was overpaid quite a bit. now there deducting that over payment from future benefit do I have to pay tax on that if i really paid taxes at the time of over payment.

2006-10-17 22:52:35 · 3 answers · asked by Paul D 1 in United States

I am a higher rate tax payer, on PAYE, with no other income apart from some interest accrued from savings. What tips the balance before I have to do a self-assessment form?

2006-10-17 21:58:35 · 6 answers · asked by Dolphin76 3 in United Kingdom

do I pay taxes on losses? As I am understanding my broker is taking all my transactions and adding them up, which comes out to be well over 100k and in reality is the same money. I started trading with 4k from my savings and is now close to 20k after about 50 trades this year. Its killing me not to know how much I will end up paying in taxes, I am starting to regret getting in to the market. Please enlighten me with knowledge

2006-10-17 21:17:11 · 2 answers · asked by jmol72001 2 in United States

2006-10-17 20:59:24 · 5 answers · asked by Webee 1 in India

I want to take a car loan of about AUD40,000 from the bank.I just wanted to know will there be any reduction in my tax deductions if I take a loan.
Can the taxable income be paid as a loan instalments.I dunno anything about the tax attached with loan.hopel me plzzzz.....
thank u so much

2006-10-17 20:39:11 · 5 answers · asked by Anonymous in Australia

2006-10-17 18:54:11 · 6 answers · asked by chloerochelle102887 1 in United States

2006-10-17 17:48:09 · 6 answers · asked by Anonymous in United States

I currently work in Malaysia, and am considering whether to take part of my salary paid into an offshore account. I understand that the element of my salary which will be paid offshore will not be subject to Malaysian tax.
However when/if I return to the UK, if I want to move the money to the UK (which I would have to in order to spend it) will I have to pay UK tax on the money? Is there a legal way round this?
As I believe local tax on income is less than UK tax, I can not see the benefit on having any of my salary paid into an offshore acount. (Surely it makes more sense to pay (lower) local tax on my income, then I can move it into the UK with no UK tax implications)
Most expat financial advisors appear to be gearred towards setting up offshore accounts and presumealby they are handsomely rewarded for doing so. Therefore I am looking for some neutral advice on this matter. At this stage I do not know how long I will remain outside of the UK, however another 2 years is very likl

2006-10-17 17:18:42 · 4 answers · asked by Anonymous in United Kingdom

I saw on a previous post that if you save all your receipts for the year that you paid taxes on, you can get that money back at the end of the year. Does this mean EVERY receipt like eating out and clothes or just certain ones like major purchases for your house?

2006-10-17 15:28:22 · 7 answers · asked by fyrechick 4 in United States

to a families taxes in the end. My family of 3 ( 65k yr) has been keeping our recipts for this year of all our donations and I was wondering is this really going to be a tax break?

2006-10-17 15:11:49 · 8 answers · asked by fyrechick 4 in United States

i have 2 kids and work part time my husband is full time, i have one kid as a dependent and i have the other, i earn less about $400 a month. we usually use the retunr money to pay off credit cards. so technecally that money is gone before we get it. are there any "tricks" to get more money?

2006-10-17 14:22:39 · 6 answers · asked by Anonymous in United States

If I don't change my address with my company or with the post office and still have a Maryland license and family with whom I lived for 7 years in Maryland (and who I visit and stay with constantly) and don't own a car can I claim residence in Maryland? I'm also registered to vote in Maryland.

2006-10-17 14:21:27 · 8 answers · asked by taxquestion45 1 in United States

Hi, I'm in the UK and have a trading account with an online brokerage to trade in the US. I did a trade and the brokerage automatically deduced 30% of the value and passed it on to the IRS in the USA. I should'nt be taxed as I am not a US resident or citizen. I clarified this with the brokerage and passed on to them a W8 BEN form to register my status. They told me if I wanted to claim back the amount, they could'nt do it, and that I would have to claim it from the IRS instead. How do I claim from the IRS? Can someone tell me how to go about doing this? Any help will be deeply appreciated !!!

2006-10-17 12:36:02 · 4 answers · asked by jackcal 1 in United Kingdom

Hi, I'm in the UK and have a trading account with an online brokerage to trade in the US. I did a trade and the brokerage automatically deduced 30% of the value and passed it on to the IRS in the USA. I should'nt be taxed as I am not a US resident or citizen. I clarified this with the brokerage and passed on to them a W8 BEN form to register my status. They told me if I wanted to claim back the amount, they could'nt do it, and that I would have to claim it from the IRS instead. How do I claim from the IRS? Can someone tell me how to go about doing this? Any help will be deeply appreciated !!!

2006-10-17 12:35:20 · 3 answers · asked by jackcal 1 in United States

2006-10-17 12:10:40 · 7 answers · asked by skee_bumm 2 in United States

the irs claimed my uncle's estate planner broke rules/tax law many years ago. he hired a lawyer over ten years ago to deal with irs. my uncle died. my aunt wants to know if and when they will leave her alone so that she can move oversees money back into the states and so that she can buy a house without fear of the irs taking it away. she hasn't heard from irs in many years

2006-10-17 11:45:55 · 3 answers · asked by SCOTT G 1 in United States

can your property like a house be seized in the state of illinois if you owe back child support in another state.

2006-10-17 10:58:00 · 6 answers · asked by mf mf mf mf mf fmf mf mfmfmfmfmf 4 in United States

I haven't filed my personal tax returns for the past 4 years...I own a small business and have recently been divorced. I need help..am unable to sleep at night from worrying about this. Do I contact a tax attorney or someone with the IRS first? Haven't received any correspondence from the IRS, but am just waiting and worrying! Please don't tell me what a stupid choice I have made...already beating myself up daily. Just want to resolve this issue and move on. Thank you!!!

2006-10-17 09:42:10 · 8 answers · asked by Laureninal 1 in United States

It's the trade business between The U.S. and Latin America

2006-10-17 09:00:39 · 3 answers · asked by ana maria B 1 in United States

2006-10-17 08:26:57 · 1 answers · asked by Delariean 2 in United States

My mother is considering making a small business start up loan to me. Can she use any tax deductions for this? The loan would be $10K
Thanks!

2006-10-17 08:09:42 · 2 answers · asked by soccermomma 1 in United States

2006-10-17 08:04:44 · 59 answers · asked by Mary Mary 1 in United States

2006-10-17 07:00:02 · 3 answers · asked by Lady_Ree 2 in United States

my mother still wants to live in the house for several years

2006-10-17 06:47:35 · 5 answers · asked by Anonymous in United Kingdom

2006-10-17 06:20:24 · 4 answers · asked by Anonymous in United States

2006-10-17 05:47:02 · 3 answers · asked by okole 3 in United States