Taxes - December 2006

NY state tax department a few years ago set up a task force to follow a group of "church lady" types. NY state in its diligent effort to crack down on these viciuos sales tax offenders followed them down to a shopping mall in Pennsylvania. The task force waited in the parking lot until these sales tax offenders made their purchases. Then with James Bond intrige the members left their vehicles and proceeded to these offenders and issued them papers to report their sales tax difference (1%) and to pay that to the state. So if you remember this absurdity please respond with the date and the location and if you recall what newspaper carried it.

2006-12-28 00:35:49 · 2 answers · asked by Gym 1 in United States

i am planning to open a internet based business and need to know if i need a dba or tax id number
i was told that a dba would only protect my business name in the county i obtain it in
any information on this matter would be greatly appreciated

2006-12-27 22:07:58 · 3 answers · asked by jrsjle 1 in Other - Taxes

2006-12-27 21:15:55 · 2 answers · asked by aasiprinters r 1 in India

I was married and had two children. I divorced and began a relationship with my ex husbands brother a couple years later. We also have 2 children, reside together, but are not married. For about 5 yrs now, since I was not working and was a college student, my "boyfriend" claimed "our" kids and "my" kids and filed Head of Household since he provided over half of support for all 4 kids. I graduated in Aug and have been working since then so I am going to file taxes myself this year. My "boyfriend" made almost 3 times what I made since I only worked part of the year. Is the correct way to file to have him again file Head of Household and claim all 4 kids? Or should I have him claim "our" two and then claim "my" two myself...this gets us the best refund but I'm not sure if it is okay to split the kids this way since we live in the same residence. If I split the kids, he would file Head of Household with "our" two and I would file either Head of Household of Single with "my' two.

2006-12-27 19:41:04 · 4 answers · asked by or2tx2002 2 in United States

I'm only going down for 48 hours, so I don't qualify for a personal exemption (since it's worth more that $200).

2006-12-27 19:16:22 · 2 answers · asked by Anonymous in Canada

We file taxes separately. She is a full time grad student and has not had any income for the last three years. Since this is the end of the year are there any tax deductions (charitable or otherwise) she should be aware of to apply before this friday.

2006-12-27 18:14:52 · 8 answers · asked by mog_ron 1 in United States

I received my license in July and did not sell or buy a home this year. I did however spend money in marketing, office space, computer equipment, transportation, etc. How much of these expenses can I claim?

2006-12-27 17:28:14 · 3 answers · asked by SYCRYC 1 in United States

How long until the government catches up with you? Do people get away with it?

2006-12-27 16:35:27 · 21 answers · asked by Anonymous in Australia

2006-12-27 16:21:01 · 3 answers · asked by gatorboy10 1 in United States

I am selling my apartment building I have owned for nearly 4 years. Are my options to buy a new property or can I use that money to improve my home. Or does that not offset the gain.
Also,
just checking... tax on capital gains is based on your tax bracket or do they have a set taxable percentage.
Thanks so much!

2006-12-27 16:15:04 · 9 answers · asked by The MD 2 in United States

I was wondering if there is a level of income below which someone does not have to pay Social Security. I know you pay up to $97k, but do you have to pay all the way from $0-$97k? or from $x-$97k?

2006-12-27 15:59:41 · 2 answers · asked by Brent S 1 in United States

I operate a sole proprietorship. Can I deduct the interest I pay on my business credit card? Where would that amount go on Schedule C? This is for an office supply company credit card.

2006-12-27 15:54:06 · 5 answers · asked by onebrightblue 1 in United States

i need my income tax forms from last income tax how would i find out where to find them for free? online, by mail or by phone just need to know A.S.P.

2006-12-27 15:50:22 · 7 answers · asked by kat 2 in United States

If I remember correctly, my economics teacher in high school said that if I indicate I am a student, I will get all of the federal income tax I paid that year back. Is this true? Or am I remembering incorrectly?

2006-12-27 15:40:36 · 5 answers · asked by .Ashley. 2 in United States

I mean technically, yes you are supposed to have it. But if you really wanted to, i.e. your employer is taking forever to mail it out, couldn't you just take info off your end-of-the-year pay stub and use that to file taxes? I'm sure H and R block wouldnt be too happy about it, but what if you did taxes yourself? Thoughts?

2006-12-27 15:31:01 · 13 answers · asked by Kristine R 4 in United States

My husband sold a land in india, and gained good profit. He wants to invest the profit in some schemes in order to avoid capital gain tax. REC and National Highway Bonds are advised. But they are not announced for subscription. Can anyone tell me whether nationalised Banks too take deposits of Capital gains.? Any other option available, ?
savithri

2006-12-27 15:29:27 · 1 answers · asked by savithri_gopalan 3 in India

I got $5,000 signing bonus from the employer in 2005 and I paid income tax on it. I changed job in 2006. Because I have worked less than two years for the employer as required by the contract, I have to pay back about $2,000 to the employer with personal check since my final pay check plus vacation pay could not cover signing bonus. This $2,000 should be deducted from my total income. How do I file tax return to deduct this $2,000? Thank you very much.

2006-12-27 15:26:29 · 2 answers · asked by jcao2000 1 in United States

I'm leaving a large part of my estate to a U.K. friend and would like to make it as hassle-free and inexpensive as possible. The estate contains both real estate and cash. I have an attorney here, but would like some input from the U.K. as well. Thanks for your help.

2006-12-27 15:04:06 · 4 answers · asked by Anonymous in United States

My husband and I usually claim 2 children and married filing joint. A Friend of mine says we can file separate and one claim 2 children and the other spouse claim 1 child. Is that possible? then what does the family with 6 kids do?

2006-12-27 14:42:48 · 3 answers · asked by 0379 1 in United States

I had my 1st job this summer I worked 4rm the end of May to the second week of August for min. wage. I also have 1 yr old daughter. My question is what exactly do I need to do to get my taxes back? I am going to go to H&R Block.
Do you know how much I would get back? Or where I can find out? I made over 2000 dollers. I just wanted to know before I went to H&R Block.

Thanks

2006-12-27 14:08:57 · 11 answers · asked by Nellz 3 in United States

2006-12-27 13:45:53 · 4 answers · asked by ashleigh 1 in Other - Taxes

I'm trying to figure out how the tax benefits are computed when I make tax-deductible donations for charity. If I donate $1000 for charity, does it come out of the amount I would have been taxed anyhow? Or do I pay $200 out of pocket and the remaining comes out of Uncle Sam?

2006-12-27 13:26:50 · 5 answers · asked by Starchild 1 in United States

I always buy it with other purchases so I never know.

2006-12-27 12:34:11 · 7 answers · asked by Anonymous in United States

We need to know how to disburse funds at the end of the year for our S Corp and how to decide what kind of salary to set for ourselves.

2006-12-27 12:06:53 · 6 answers · asked by Jesse H 1 in United States

she didnt file all her taxes from 05 because it took a while getting all the w2's so filed & claimed 1 child. this year she didnt work at all but has to file the rest for 05, since she had another baby can she claim them both when filing for 05. and since i was the only one to work in 06 can i file and claim both kids

2006-12-27 12:05:50 · 3 answers · asked by Anonymous in United States

I am a single mother of 1, do not own a home, made approx $50K & live in AZ?

2006-12-27 11:53:11 · 2 answers · asked by wendyb204 2 in United States

I am looking to get an estimate on my refund for 2006- All the tax estimator calculator are saying 3900 but I have never gotten that much at ALL so I don't know-maybe Im doing something wrong---if anyone can help it would be appreciated-
please email me for info

2006-12-27 11:29:47 · 3 answers · asked by Anonymous in United States

2006-12-27 11:27:04 · 5 answers · asked by Peter E 1 in United States

2006-12-27 11:05:37 · 13 answers · asked by Anonymous in United Kingdom

Like profits from the sale of stock and dividends from a cd/bank account/stock/mutual fund? The reason I am asking is because I want to stay in a lower tax level and I might increase my tax deffered IRA account inorder to stay in the lower level. I am getting pretty close.

2006-12-27 10:58:22 · 2 answers · asked by Matt 2 in United States