Taxes - December 2006

2006-12-21 01:06:37 · 6 answers · asked by Suzanne S 2 in Other - Taxes

Need to know How I can buy these? If I have to have a cerificate of some sort? Where these tax sales take place at in Iowa?

2006-12-21 00:55:02 · 2 answers · asked by wormee38 3 in United States

I got a job as a private caregiver and it pays cash without tax. What does it imply?? I'm new in the country. 18yrs old and this is my second paying job. The first one took tax for 2 months. I wnat to know what it implies. Pls explain in details. Thanks.

2006-12-21 00:41:43 · 8 answers · asked by Cas 3 in United States

i need to know the process in which tax returns are calculated in the US..
Also i'm in need of the formulae involved in the process...
if there r certain rules to be followed i would like to know them too..
Any references to website or direct answers will be helpful....

2006-12-20 22:17:57 · 4 answers · asked by lostinluv_88 1 in United States

2006-12-20 20:39:31 · 2 answers · asked by sayee 2 in India

2006-12-20 17:28:23 · 5 answers · asked by Anonymous in United States

This vehicle will be used for a small business as a company car/truck. I am looking for the most taxable write-off in regards to leasing or purchasing.

2006-12-20 16:28:58 · 6 answers · asked by chris 2 in United States

Hi,
According to my understanding we can save only 1 lakh per annum.

So i am totally confused about the article whose link I have given below:
http://www.rediff.com/money/2006/dec/13tax.htm

Do advice

2006-12-20 16:03:50 · 5 answers · asked by jeril842002 2 in India

2006-12-20 15:23:33 · 5 answers · asked by SATMAN 2 in United States

there are several reform proposals on the table for the estate tax, what do you propose and why?

2006-12-20 15:15:45 · 6 answers · asked by lele 1 in United States

thank you for your help

2006-12-20 15:09:52 · 2 answers · asked by alisgig03 2 in United States

Can a business show a loss for several years without any legal repercussions? Is there a guideline that says "ABC Inc. must show a profit after "X" number of years?

2006-12-20 14:43:42 · 3 answers · asked by McHales_navy_22 2 in United States

I recieved a sum from my mothers death. Her Life Insurance and her retirement balance. Is there anything I recieve from these companies for tax time?

2006-12-20 14:24:20 · 2 answers · asked by Anonymous in United States

2006-12-20 13:50:26 · 1 answers · asked by Anonymous in United States

I need the tax deduction more than my parents so they are willing to let me take the full deduction on my 1040.

2006-12-20 12:07:42 · 6 answers · asked by movin 1 in United States

I owe the IRS a fair amount of money on back taxes. I am paying on them but recently asked for an abatement on the penalties. It was denied. I am going to appeal. Any suggestions for what might get my appeal approved?

2006-12-20 11:12:47 · 2 answers · asked by Renee S 1 in United States

I am trying to figure out the capital gains taxes when you start a business (E.g. a dot com or any small business). Assume that you put your sweat into the business etc... and got other investors to invest in the company. If I sold my company for $100m 2 yrs later and my share of the company was 50% or $50m at the time of exit. How much taxes would I have to pay on my share? And after taxes, how much cash would I have left over to party with?

2006-12-20 10:52:44 · 6 answers · asked by friedchicken 1 in United States

2006-12-20 09:56:06 · 3 answers · asked by rallman@sbcglobal.net 5 in Italy

or there is nothing i can do cause thats the way it works here in this country? cause almost a third of my paycheck is gone on taxes everyweek? can i get it back in anyway??

2006-12-20 09:49:03 · 7 answers · asked by Anonymous in Other - Taxes

I bought a home and January. I need to know what is tax deductible? I also have a interest only home loan. How can I deduct that on my income tax?

2006-12-20 09:14:46 · 6 answers · asked by smorapcs 3 in United States

My sister's daughter is in college. After she is done (4 years), she will most likely manage my sister's restaurant. Can my sister have a write-off as a business incurred education/learning expense?

2006-12-20 09:05:16 · 6 answers · asked by Amanda R 1 in United States

If I'm resident in state Georgia. And I formed LLC in state Alabama for holding real estate property with posit. cashflow.

2006-12-20 08:54:52 · 2 answers · asked by E u g e 1 in United States

Specifically clothing and household items.

I recently moved and really cleaned house. I donated probably a good $1000 worth of stuff to St. Vincent De Paul. I did save all of the receipts. Will I get that money back in my tax return? I'm not sure how that works. I have donated before, but never claimed it.

2006-12-20 08:28:06 · 5 answers · asked by ? 6 in United States

2006-12-20 08:08:33 · 8 answers · asked by Anonymous in United States

She doesn't have all of her W-2's either. What's the best way to get back on track?

2006-12-20 07:48:19 · 19 answers · asked by Twinki 2 in Other - Taxes

What is the percentage of taxes on an automobile that was won and what value would the taxes be figured off of?

2006-12-20 07:31:35 · 4 answers · asked by blondiebwl 1 in United Kingdom

It is my understanding that I can contribute up to 25% of my income into an IRA. It is 25% of gross income or 25% of profit (net of expenses)? Also, is the deadline for this 12/31 or do I have until 3/31/07?

2006-12-20 07:28:45 · 3 answers · asked by anonynonymous 1 in United States

Hi There, We are looking to donate an used car, we would like to know, how can we get the most value for our car? And also, if let's say I am supposed to pay $3k in taxes and the value of the car donated is $6k, will the other $3k be used towards paying taxes next year?

2006-12-20 06:55:02 · 6 answers · asked by Suntoosoon 2 in Other - Taxes

I have an asset (stock) that I don't want to liquidate and I need to be able to legally say that I don't personally own it on a particular day. But, I don't want to use a solution that requires tax fees. I also want this to be a legal transaction where I "gift" the asset and then revoke the gift. And, if you are concerned about ethics, the asset is for the benefit of the minor child.

2006-12-20 06:48:10 · 8 answers · asked by Coach_SCA 3 in United States

I was just given a bonus of one-month's pay, and I noticed that they only withheld 7.65% as opposed to the normal 20+% that is withheld from my regular paychecks. What will this mean to me when tax season comes around?

2006-12-20 06:41:21 · 5 answers · asked by Anonymous in United States