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Taxes - May 2007

[Selected]: All categories Business & Finance Taxes

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if any politician gets your tx rate reduced, and then they increase the value of your house--have you done any good? in my case a reduction of the tax rate ended up costing more--comments?

2007-05-18 19:09:42 · 3 answers · asked by wftxrabbit 2 in United States

just wondering what taxe breaks i can get i'VE HAD PEOPLE TELL ME I'LL GET A EXTRA 5000 DOLLARS BACK if i dont how much will i get back on a 78500 house

2007-05-18 18:45:51 · 2 answers · asked by jonthegr8tone 1 in Other - Taxes

my husband is earning 278000 a year he gets paid every two weeks we are married and have 1 child.

2007-05-18 18:07:45 · 1 answers · asked by Jennifer H 1 in United States

married

2007-05-18 17:43:52 · 3 answers · asked by Jennifer H 1 in United States

countries. As a business person, how should you handle the problems of dealing interstate and international business?

2007-05-18 17:15:02 · 1 answers · asked by babyface 1 in United States

how much do they deduct from widow's pension,when you go over the allotted amount? And what is the allotted amount?

2007-05-18 16:30:57 · 2 answers · asked by bevy33 1 in United States

I own a low budget welding and machine shop most of my equipment was my grandfathers or is homemade . Without anybody ever paying me a visit to see what I have the state wants me to pay tax on what they think I must have to be in business. Why did Chris Columbus come over here in the first place ?

2007-05-18 16:12:18 · 7 answers · asked by michael h 1 in United States

I won 1,000 dollars from georgia lottery in february 2007. Someone told me i have till the end of the year to file it, and some others say the deadline alraedy past. When is it?

2007-05-18 15:46:36 · 3 answers · asked by Anonymous in United States

And if so, what will the gift tax be based on? The assessed value minus the amount currently owed? And who will make the determination of the assessed value and the amount owed? Is there some sort of chart that I can use to determine what I will be paying or she will be paying in the gift tax? Thank you.

2007-05-18 15:01:17 · 3 answers · asked by Janice M 1 in United States

I filed my taxes the first days in April and my sister filed 2 days before I did and she recieved it a month ago. What should I do? Should I just wait?

2007-05-18 14:33:10 · 5 answers · asked by lissette 4 in United States

I bring in $1325.00 a month in cash for helping to care for someone. How much should I set aside for Federal and State taxes? South Carolina is my state. Sorry about the previous amount mistake! I will choose a best answer anyway!

2007-05-18 13:26:43 · 7 answers · asked by tammie b 2 in United States

My friend received in the mail form 886-H-EIC. Regarding her 17 year old child that has lived with her 8 months this year. IRS wants her to prove the childs, relationship, age and residency. The problem is the child dropped out of school last year, they have no church affiliation, no social program and luckly enough have not needed a doctor. Is there any other way / form /proof the IRS will accept - so that she can claim an earned income credit on the basis of the qualifying child?

2007-05-18 12:42:55 · 6 answers · asked by beverlee 2 in United States

I help take care of someone and run various errands. I am paid in cash, but still file my taxes each year. I do not want to owe "Uncle Sam" and I live in South Carolina, so I have to pay State taxes as well. Can anyone help me?

2007-05-18 12:40:42 · 6 answers · asked by tammie b 2 in United States

I pay roughly $3000 per year on my real estate taxes.
If the 2006 assessment is 14,863, does it mean that I now pay 14.683?

2007-05-18 12:34:33 · 3 answers · asked by Anonymous in United States

I have taken a job that is about 500 miles from my house, therefore will be selling it this summer. I bought the property about seven and a half years ago and have lived in it the entire time minus the last two weeks since I’ve been on the job. The property has appreciated about 200k since then. There have been no other properties bought or sold by me in this time. Now my question is two fold:

Do I basically classify for an exemption since I am well over 50 miles from my last job and home and if so, should that pretty much negate the capital gains that I will see from the sale? And:

I wasn’t going to buy a house immediately, because I wanted to see which area of town I’ll live in. Depending on what I’m looking at capital gains wise, I may change that idea. Is there a benefit to purchasing a house in this calendar year, in order to insure that Uncle Sam doesn’t grab all of my hard earned gains over the last seven years?

2007-05-18 12:05:59 · 4 answers · asked by Deep Thought 5 in United States

If I have my 2005 and 2006 taxes done on monday at an H&R Block office ( i am only filing a 1040EZ i think....) Is there a way I can get my refund in less than 5 working days????? please help.... really need this $$$$

2007-05-18 10:56:20 · 4 answers · asked by kaiya 2 in Other - Taxes

I have a home based business and my income is increasing, when should I incorporate?

2007-05-18 08:51:33 · 6 answers · asked by momof2 2 in United States

2007-05-18 07:21:58 · 3 answers · asked by Kyle Y 1 in United States

When was the due date for them to be paid in full? I had my taxes completed in April....but wan't sure when my money to the state was due???

2007-05-18 06:55:15 · 2 answers · asked by mikki080 4 in United States

Hello,

I have purchased a defaulted home as an investment property. I have renoveted the home & now I am planning to sell it. I never used that home for my residence purpose. I know that property held for more than one year will be taxed as long term property.

I want to know, how the holding period is counted? I mean does it starts from date I purchased the tome or I completed the renovation of home?

Thanks in advance.

2007-05-18 04:58:16 · 3 answers · asked by vandana r 1 in United States

Please advice .. Thanks

2007-05-18 04:56:51 · 2 answers · asked by Marino 3 in United States

I don't want to mess up my SSI & Social Security.

2007-05-18 04:37:25 · 14 answers · asked by Anonymous in United States

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