Taxes - November 2006

2006-11-12 17:45:18 · 5 answers · asked by Suryaprakash D 1 in India

2006-11-12 17:40:01 · 4 answers · asked by Suryaprakash D 1 in India

2006-11-12 17:29:12 · 6 answers · asked by Suryaprakash D 1 in United Kingdom

2006-11-12 17:16:41 · 9 answers · asked by Anonymous in India

Just a note to everyone don't do your own taxes
last year HR block lost my paper work what a mess I am really not a flake its just a run of bad luck

2006-11-12 16:43:35 · 4 answers · asked by tess 1 in United States

2006-11-12 16:36:38 · 4 answers · asked by Anonymous in United States

2006-11-12 16:21:56 · 2 answers · asked by tess 1 in United States

2006-11-12 16:09:44 · 5 answers · asked by sam k 2 in United States

2006-11-12 16:02:33 · 3 answers · asked by Anonymous in Other - Taxes

2006-11-12 16:02:29 · 4 answers · asked by Anonymous in United States

Here in Texas tax rate is 8.25 But how would I add on to a price?? is it 8.25 cents per dollar or per $10 can someone please help me im so confused

2006-11-12 14:49:34 · 3 answers · asked by ur_babydoll_13 1 in United Kingdom

The house is leased to the mother, no one else name is on the lease, can one sister carry the other sister child on her taxes just because they are all in the same household

2006-11-12 13:27:03 · 6 answers · asked by robertina m 1 in United States

2006-11-12 13:19:41 · 8 answers · asked by mkaustin 1 in United States

2006-11-12 12:44:39 · 5 answers · asked by bunshin87 1 in United Kingdom

2006-11-12 11:23:00 · 9 answers · asked by Anonymous in United States

2006-11-12 10:45:54 · 3 answers · asked by harry s 1 in United States

2006-11-12 10:23:02 · 3 answers · asked by michael a 1 in India

2006-11-12 05:43:49 · 1 answers · asked by marivel b 1 in United States

first question is:
my mother and i are both working ..i am under 18 and claimed "o" on my tax forms..can she still claim me?

second question is:
my mom has a total of 4 kids..does she claim 2 now and two later? or can she claim "0" now and then claim the rest of us at tax time?

2006-11-12 05:22:48 · 4 answers · asked by hunybubs 1 in United States

2006-11-12 04:45:26 · 1 answers · asked by sexytee 1 in United States

I want to open a Bank of America account linked to mine, but he would then have a high interest account (emigrant direct) linked so he could earn 5% on his savings. This is in addition to a 529 I am going to open for him, but gifts made to him personally would go to this savings account, separate from his education fund. Does he have to pay tax on the interest he makes through the years?

2006-11-12 03:45:29 · 10 answers · asked by Anonymous in United States

I read several years ago that they hired a bunch of new agents to go after sole-proprietors and corporations with one employee. I wonder if these groups are still most at risk for audits. Please only answer if you have a good reference or are knowledgeable on the subject. Thanks.

2006-11-12 03:43:40 · 1 answers · asked by martin h 6 in United States

have lived here three years

2006-11-12 03:20:12 · 4 answers · asked by chigaimasu 2 in United States

2006-11-12 02:55:16 · 2 answers · asked by iktidar 2 in Other - Taxes

Mary is both a real estate developer and the owner and manager of residential real estate. Mary is retiring and is going to sell both the land he is holding for future development and the rental properties he owns. Straight-line depreciation was used to depreciate the rental real estate. The rental properties will be sold at a substantial loss, and the development property will be sold at a substantial gain. What are the nature of these gains and losses?

I am trying to figure out the important facts of the case. Any suggestions.

I'm guessing that everything is a 1231 asset since it's all business use. Would he be an active participant? How can I tell from what I have? Any suggestions are appreciated. We don't have 1250 recapture since it was all straight line realty. What issues do you see? How might you present them?

2006-11-12 02:42:35 · 4 answers · asked by Tommy L 1 in United States

Do you feel we are overtaxed in our economy? Are you postponing any purchases due to high taxes? Do we have too many imported goods in our economy?

2006-11-12 02:25:59 · 3 answers · asked by kichsa 1 in Other - Taxes

2006-11-12 02:21:55 · 2 answers · asked by kichsa 1 in Other - Taxes

Alan and Joanne Schneider of Middleburgheights, OH have been indicted of fraud using 1400 investors monies to line their own pockets and yet those of us affeccted by this misjustice have no recourse. We can not even deduct our ivestment loss from our income taxes. Well that is not entirely true we may deduct 3000.00 per year, at that rate I will be 192,000 years old before I recoup mine.

How does the judicial and tax system let this happen?
One investor committed suicide and another attempted a murder-suicide. The investors are virtually left with their hands tied and no recourse.
Our judicial system needs a serious revamping!!!!!!!

2006-11-12 01:48:52 · 6 answers · asked by rovin36@verizon.net 1 in United States

Americans pay taxes on earned income and general worth until a certain point when suddenly they are able to pay none because of certain loopholes and so forth. When they become what we call rich, the opportunities to hide money in certain non-taxable areas are there for these people. If we all paid as little as 8% no matter who you are, is this the right thing to do? Multi-millionaires will still be required to pay millions of dollars in taxes instead of none. What do you think?

2006-11-11 23:31:20 · 8 answers · asked by Anonymous in United States

2006-11-11 23:30:50 · 4 answers · asked by kinnari m 1 in Other - Taxes