Taxes - February 2007

is it illagel to cash checks for a company outside of the usa that is selling products here but not doing taxes on the products they sell.

2007-02-09 12:53:20 · 4 answers · asked by just bored 2 in United States

2007-02-09 12:46:10 · 4 answers · asked by Kitty 1 in United States

I have 2 out of 3 of my w2 forms but the third
one is mia. Also I had to pick up the 2 that I have
cuz my name is not on the mail box where I
live so where could it be? at my old employer
or at the post office. Next question I sent a letter
to an incarserated friend and have not recieved
a return letter would it be wise to check the post office for these items

2007-02-09 12:40:19 · 3 answers · asked by daview1234 2 in United States

This is the first house I have owned and we have lived in the house for four years

2007-02-09 12:40:05 · 8 answers · asked by Home Owner 1 in United States

Thanks!

2007-02-09 12:20:51 · 4 answers · asked by Erin F 1 in United States

I have a friend who's husband is a doctor. He makes about 300k per a year. However, he owes more than 100k in tax liability every year. As a result, he usually has to borrow money in order to pay his taxes. He donates a couple of thousand dollars to charity every year and contributes the maximum allowed amount to his pension and retirement accounts. He practices under a sole proprietorship. Is there anything he can do to reduce his high tax bill?

His accountant does not give him any tax advice that may reduce his taxes significantly and charges him a lot of money for doing his taxes.

He is a very honest and decent person. In fact, he provides free medical service for underprivileged people and tries his best to make the world a better place. So, please answer this question with good and practical advice.

2007-02-09 12:13:51 · 5 answers · asked by Mr. Main Event 5 in United States

Does anybody else want to know how you can get more back than what you pay in for taxes? Where does the extra money come from? My cousin only paid around $1500 in taxes last year but she is getting back $4500! How is that possible?

2007-02-09 12:08:52 · 5 answers · asked by Melissa 5 in United States

2007-02-09 12:05:53 · 5 answers · asked by Anonymous in United States

2007-02-09 12:01:42 · 5 answers · asked by Anonymous in United States

I recently sold some of my furniture and car. Do I have to report the sales to IRS?

Thanks,

2007-02-09 11:44:59 · 5 answers · asked by NewIntheCity 1 in United States

I live in San Diego and I'm considering submitting an 'Application for Review of Assessment' of my property taxes. Should I submit comparibles based on the exact same square footage house in my neighborhood, or consider using larger homes where the average price per square foot is much lower?

2007-02-09 11:29:29 · 4 answers · asked by jjones_2005 1 in Other - Taxes

Let's say I buy 100 shares of ABC at $5/share. I sell when the stock goes up 1 point. I make 100 dollars in this transaction with out fees. When I report this sale on my taxes will I get taxed on the $100 gain? Or will I be taxed on the $600? Furthermore, in the same example, if I lost 1 point and I sold at $4/share when I report my losses it goes as $100 dollars so I won't be taxed, correct?
I basically need to know, when I sell stock, do I put some money aside for tax from the $100 gain or from the total sale?

Thank you for your help!

2007-02-09 11:21:50 · 5 answers · asked by Simos 2 in United States

Who went through Republic, HSBC, Santa Barbara, or Chase bank to get there refund this year? If you went through a bank through your tax preparer is the IRS holding your money? IF so which bank did you go through that this happened. I just want a vote of the people that this has happened to. I am a tax preparer and I went through Republic Bank and now they are demanding there money back from my RAL that I got because the IRS has not funded it yet. I just want to know so I can dedice what to do about all of my customers that are going to get the same letter that I just got. Has any of the other banks besides Republic demanded there RAL or PERC money back? If so which ones. I have switched over to HSBC Bank as of yesterday to do the rest of my returns.
www.shaydzofluv.com

2007-02-09 11:10:04 · 4 answers · asked by shaydzofluv 2 in United States

2007-02-09 11:06:19 · 6 answers · asked by Kayaker0678 2 in United States

mother of child signed temporary guardianship over to me from June 2006 to May 2007. Child received medical under my name from June 2006 to Feb 2007. I enrolled child in school under my address until the mother enrolled child in different school Dec. 2006.

2007-02-09 10:46:34 · 5 answers · asked by sue's 3 brats 1 in United States

2007-02-09 10:45:48 · 8 answers · asked by MDRIV3R 2 in United States

2007-02-09 10:32:05 · 5 answers · asked by jpdrottar 1 in United States

I have no checking account and I need to cash my income check. Where can I do that?

2007-02-09 10:31:17 · 8 answers · asked by ? 2 in United States

2007-02-09 10:22:34 · 4 answers · asked by babygirl 1 in United States

About a year ago I purchased a four family, which I reside in. This is my first home and first year doing taxes on a home! Does anyone know a site I could go to so that I can find out what EXACTLY I can claim? I kept my reciepts for everything including improvements, cleaning supplies, etc......help????

2007-02-09 10:17:06 · 4 answers · asked by rockstar_jax 1 in United States

2007-02-09 10:15:47 · 5 answers · asked by francismcmonagle 1 in Other - Taxes

2007-02-09 10:07:21 · 3 answers · asked by Anonymous in United States

I got papers early this year. It said I need to pay taxes I owed from 04. I had all my paper work and went to the IRS office. He sent them letters saying that I did infact pay 04's taxes. I also have a copy of said letters. Now I got a letter sayinig I still owe em from 04. I have gone through this this year alone 2 times. What should I do? This is the third time,they still want money. Should I just pay it so they stop? Also I have to pay child support are there any deductions or any thing i can claim as a single father?

2007-02-09 10:03:04 · 2 answers · asked by Stoner 5 in Other - Taxes

I filed state taxes and I wanted to have it electronicly took out of my savings but it keeps telling me no such acct. can someone help me.

2007-02-09 09:45:16 · 2 answers · asked by kygal 2 in United States

2007-02-09 09:33:43 · 8 answers · asked by James C 2 in United States

I did my taxes on 24taxonline website. The Irs said they had deposited my refund into there account anyone help me on how long this other bank will hold my taxes return untill they put it into my other bank account ?

2007-02-09 09:20:49 · 2 answers · asked by frocky80 1 in United States

when i found out my employer wasnt taking out city tax ( i live in brooklyn nyc) and he hadnt told me that the payroll was set up without taking it out. Should he have notified me? Or was it my fault for not saying anything to begin with. Now I have ended up with a lump sum tax bill instead of it being taken out each pay period.

2007-02-09 09:20:11 · 4 answers · asked by jsophiaon 1 in United States

I juts started with BLC and They "contract" Their agents. As I said above what am I able to consider as "Tax Deductible"?

2007-02-09 09:18:31 · 6 answers · asked by Anonymous in Other - Taxes

My air conditioner broke this past summer and had to fix it. It cost me 5,000 to replace. I was wondering can I used that in anyway when I file my taxes. IF so, would it help in getting a larger return amount? Also what else can I use in my taxes beside the car, mortgage, property tax, and school tuition?

2007-02-09 09:18:02 · 7 answers · asked by dvang 1 in United States

2007-02-09 09:10:37 · 3 answers · asked by Anonymous in Canada