Taxes - December 2006

I know it is Christmas,and I shouldn't depress you even more,but I need to know how many indurect taxes have been increased since labour gorverment came into office.

2006-12-17 18:39:16 · 3 answers · asked by Anonymous in Other - Taxes

So what do I do to collect for lost time? How do I get whats owed to me from all those missed years?

2006-12-17 17:27:33 · 10 answers · asked by Anonymous in United States

hello friends...I just want to know what is the best way to get my Refund Fast..means how could i get Fast tax refund?? if your have any appropriate website or say any other useful resources then please let me know..thx in advance...

2006-12-17 16:09:34 · 8 answers · asked by Rhondy 1 in United States

Can I open an IRA for my child ( she is 6, off course she does not earn anything ) ?
If she has to earn and then only I can open an IRA in her name, then can I give a gift to her as an IRA money and open an IRA for her ?
In both the case above am I allowed to get tax deductions if I file joint return ? Please note that I will be claiming tax deductions on my wife's IRA as well.

2006-12-17 16:06:18 · 5 answers · asked by Jignesh S 2 in United States

For 2005 I never got my form, so I never filed. How can I get my money? And, Can I do it Online?

2006-12-17 15:35:30 · 4 answers · asked by WP Redux 2 in United States

I am heading to 3 different states this months and I want buy a notebook in the state which has the LOWEST sales tax rate.

2006-12-17 15:26:53 · 2 answers · asked by summerslam_here 1 in Other - Taxes

What is the maximum value of electronics a U.S. Citizen can bring to Brazil without being asked by customs inspectors at the airport to pay some sort of import tax?

2006-12-17 14:53:01 · 1 answers · asked by alex 2 in Brazil

www.BuySmartShopping.Com Gifts Exchange has been making a bundle. I feel like though I don't have to report anything.

2006-12-17 14:43:28 · 3 answers · asked by Anonymous in United States

My accountant told me that i can only claim EMI paid from december 06 to March 07 and 20 % of sum of interest paid during march 06 to november 06.

2006-12-17 14:23:38 · 6 answers · asked by anup p 1 in India

I know what GST stands for Goods and Services Taxes... but what kind of goods and services?
IE) Sewage etc.?
And is there anyway I can find out if you guys cant provide me with a good answer? >,<

2006-12-17 14:08:30 · 2 answers · asked by blueyolei 2 in Canada

The couple lives in Michigan. The husband is contemplating moving to Illinois to accept a job that would require him to live in Chicago. His wife would continue to live in Michigan. Therefore, they would have to file separate individual tax returns instead of a joint return. All other things being the same, would they have to pay more taxes in total because of having to file separate returns?

2006-12-17 13:56:49 · 7 answers · asked by freelance thinker 2 in United States

I recently recieved money for the taking of part of my property by the DOT , for a road widening project . From what I've heard , I have two years to re-invest this money in more real estate of like kind . But I can't use it for anything else , otherwise , I must pay capital gains taxes on it . Is this accurate ?

2006-12-17 12:44:18 · 3 answers · asked by Lyn 2 in United States

2006-12-17 12:29:22 · 4 answers · asked by shell 1 in United States

2006-12-17 12:23:30 · 3 answers · asked by Boy 1 in United States

2006-12-17 11:22:09 · 7 answers · asked by starlove2 6 in United States

2006-12-17 11:12:16 · 2 answers · asked by Anonymous in United States

Id like to know on the w4 forms what is the outcome if you put exempt. I currently own a rental property and is in the process of acquiring two more. I am employed full time and the reason why I wanna put exempt is because I think Im paying more on taxes as employee and also on the property taxes. What should I do?

2006-12-17 10:57:07 · 3 answers · asked by oliver s 2 in United States

2006-12-17 10:10:32 · 8 answers · asked by msufan1999 2 in United States

is there anything i can do to lower the amount of money being deducted? Im 18 no kids...

2006-12-17 08:33:43 · 6 answers · asked by Anonymous in United States

if he or she didn't bring in any income for the year?

2006-12-17 07:41:18 · 11 answers · asked by Anonymous in United States

or does it have to go into a checking account?

2006-12-17 05:01:34 · 10 answers · asked by marymojo2002 2 in United States

I have a question about the following tax situation.
I run three home based businesses with my wife that were started in 2005. I also work full time. Through all of these businesses we have made about $1500.00.
We have expenses such as printing materials, Internet, Phone, Mileage, ebay fee's, advertising costs, website setup and maintanence. Thus far we have not gotten any kind of biz license, filed a ficticious name or anything else
My main questions are:
1. What are the pro's and con's of doing an LLC that operates them all versus simply filing a Schedule C with my Tax ID? If i do this now before the end of the year will it apply to this whole year. or do I start fresh with next year as an LLC.

2. I would like to buy a computer before years end and be able to amortize (?) it all this tax year using the "hummer clause" (section 117 ?) ?
3. What is the best accounting software for setting things up...
4. Are there small biz tax softwares that really work well.
Thanks

2006-12-17 03:20:48 · 4 answers · asked by mallicoatdd 4 in United States

I want to file early as possible.

2006-12-17 02:08:27 · 13 answers · asked by starsky1983 2 in United States

2006-12-17 01:27:19 · 3 answers · asked by cookiemonster265 1 in United States

I know filing is required, but must one pay anything?

2006-12-16 23:54:12 · 7 answers · asked by Anonymous in Other - Taxes

My husband never filed our 2005 tax return, I guess he feels like he'll file both 05 and 06 taxes at the same time and have a bigger tax return that way. I worry that we may lose a portion of the 05 return because of his decision.

2006-12-16 23:11:03 · 7 answers · asked by scribbles_abc_mo 2 in United States

Please let me know
how to open PAN CARD
thanks
with regards
s g basha

2006-12-16 23:00:58 · 2 answers · asked by SYED G 1 in India

My nephew has recently started a software consulting job on an hourly basis. This project is for about 2 years. Since this is an hourly paid job, the employer will not be withholding any taxes. So he has to pay the taxes to the government directly. So I have the following question
1. Does he have to write a check to the govt. (Federal and state seperately) with approximate amounts (about 40 percent) for that month. OR
2. Does he have to wait for the tax season and then send the taxes once at the end of the year?

I was told that the second option may have penalties. Is it true? Any feedback from people who know more about this will be greatly appreciated.

Thanks
Ram

2006-12-16 22:42:16 · 3 answers · asked by singer_ram 2 in United States

2006-12-16 22:41:42 · 7 answers · asked by Ankit Mohindra 2 in India

2006-12-16 20:58:16 · 4 answers · asked by David B 4 in United States