Taxes - July 2007

I am a 1st time home buyer and am in a high tax bracket (33%). I am considering whether I should accept points and buy down the rate and claim all the points (approx $11,000) in the current year when I file my returns next year? This is not a refinance mortgage.

2007-07-07 06:42:38 · 8 answers · asked by S T 1 in United States

2007-07-07 06:24:10 · 6 answers · asked by Anonymous in United States

Hi! I am planning to import non-brand name general electronics from China or Hong Kong. I need know where I can find the information about import tax duty? How can I save import tax? I live in Virginia. Thank you very much for your help.

2007-07-07 05:48:09 · 2 answers · asked by sky88jota 1 in United States

I live in the city. My tax preparer did my Federal and State returns in April, but did not do my City return. As she filed electronically, I did not realize she did not file the City return. I've recently received a bill from the Collector of Revenue for the City, with late payment charges. Should she assume any responsibility for my late payment charge? She is sending me a completed City return free in the mail, but did not mention anything about reimbursing me for the penalty due.

2007-07-07 03:29:59 · 6 answers · asked by Tertium Quid 2 in United States

2007-07-07 03:21:40 · 4 answers · asked by NC 1 in United States

I have a high deductible and over $5000 in out of pocket medical expenses so far for 2007.

2007-07-07 03:21:26 · 9 answers · asked by jillrdh2002 2 in United States

They Owe Me $73 Doller Refund From Oklahoma City For Non-Resident Taxes, Im Haveing Trouble Geting In Touch With O.K. Tax Commission.

2007-07-07 03:01:55 · 2 answers · asked by Tim H 1 in United States

I am interested in openeing a business. The product I wanna but from requires a copy of my TIN. I do not have one. I have a social but thats different. How do I go about getting a TIN. Does it cost $$$$. Also If I get a TIN and dont go through with my business does it affect me?

2007-07-07 01:52:04 · 6 answers · asked by courtney b 3 in United States

1) After the reciepts of salary he is capitalist.
2) After fifteen days as socialist.
3) At the end of the month communist.

2007-07-07 01:21:05 · 5 answers · asked by ifhusain 4 in Other - Taxes

2007-07-07 01:14:40 · 5 answers · asked by ifhusain 4 in Other - Taxes

Not a question as such but more of an observation.......

There are a worrying amount of HMRC officers present on Yahoo answers and on that basis I think users should be a bit more frugal with the information they give and questions they ask..........

Don't get me wrong they are providing some good answers to some topical issues and maybe some of that is in their own time.......

I do hope there is nothing a bit more sinister behind their activity ;o)

All hail the taxmen........

2007-07-07 00:06:38 · 4 answers · asked by veilofmistiness 2 in United Kingdom

and is this practice common in other western counties?

2007-07-06 20:43:07 · 7 answers · asked by Anonymous in United States

I have always worked an paid taxes, however there were several years in which my husband convinced me to file with him. Now my very modest check is only about $100.00/week after it is garnished and i am so afraid that i won't be able to raise my children properly if something were to happen to him is there any precautions i can take?

2007-07-06 20:37:37 · 5 answers · asked by mandarn 1 in United States

I filed it through the mail and I was supposed to get money back. Turns out they never recieved it. Is it just as simple as re-mailing it, or do I have to configure it w/ a penalty? Do I even have to pay a penalty?

2007-07-06 17:57:01 · 4 answers · asked by Blanca 3 in United States

say your job is doing reconstruction. post your job as available so any one can apply also you apply for the position and the company give it to the person who needs to be train. And then one of your boss say that you are going to train them. What would you do?

2007-07-06 17:32:12 · 5 answers · asked by $$kap$$$ 2 in United States

My gf just started working at a local bar/night club as a shot-girl and waitress. Apparently, the new owner is just hiring local college girls left and right without even checking their driver's licenses (he hired a 17 yr old to serve alcohol). The guy intends to pay under the table. He also said that he doesn't care if they take a few drinks while working.
My question is: is this common? How illegal is it? And most importantly, could my gf get in trouble with the IRS etc. for not paying taxes on ANYTHING?
I'm 19 and I've only ever worked in pizza delivery, so I don't know how most of these places do business.Thanks.

2007-07-06 15:12:28 · 11 answers · asked by Gator 87 2 in United States

I'am trying to see what's the proper way to file exempt on my taxes.

2007-07-06 13:17:36 · 4 answers · asked by Dirty Glove 1 in United States

Many International Businessmen register theirs as "Offshore Company" for the Package-of-Incentives attributed to Tax Haven Countries. Non-Disclosure of Ownership, Tax-free benefits, unrestricted FX On-Line Banking are some of the many.

2007-07-06 12:55:56 · 3 answers · asked by manilaman 1 in Other - Taxes

How much taxes will be taken out of what I make if I'm 16. I heard it would be less than regular taxes or something.....this would be in massachusetts

2007-07-06 12:52:37 · 4 answers · asked by GrafZeppelin 2 in United States

2007-07-06 12:52:27 · 6 answers · asked by LuvDylan 5 in United States

I've heard it's minimum wage plus commission, but I've also heard that the work is anywhere from 29-80 hours a week, so that's a huge difference in pay. I was hoping that some one that's worked as a seasonal tax preparer for H&R block could tell me how much they make on average for the 4 months (along with average hours a week). I'm majoring in accounting, so I thought this would be good experience, but I have a job I love already, so I don't want to do this year round (I have 2 young children and I would never see them!! :)

2007-07-06 12:47:06 · 2 answers · asked by Nicoleissofun 3 in United States

I was notified that I have won a sum of cash, how can find out if this is legitimate? Also they want me to sent personal info,

2007-07-06 12:13:48 · 7 answers · asked by silxwakn A 1 in United Kingdom

I made over $24,000 last year. No tax places are open. Solid information please.

2007-07-06 10:04:17 · 8 answers · asked by 2s2 4 in United States

2007-07-06 09:38:49 · 1 answers · asked by banishedman 1 in United States

If so what do you do with the extra one?

2007-07-06 09:14:10 · 5 answers · asked by . 4 in United States

2007-07-06 09:13:36 · 2 answers · asked by dan d 1 in United Kingdom

I am a 21 year old single dependant, expecting to earn about 2000$ for the 2007 year. I had zero earnings for the previous year. I believe I am tax exempt -- how do I fill out my W-4 to garuntee the least money is taken from my check? Need help for all lines (sans personal information)

2007-07-06 09:09:58 · 7 answers · asked by Michael 2 in United States

I am very new to this; I am going from a large corporation where I never had to think of this. But I have accepted a job with a corporation out of NY. I am the only employee in California. I receive Medical and Dental and was under the impression that my responsibility was to pay my part of the taxes on my own...............Fine, I can do that no problem. But I am being told that the Company will not be paying their half of FICA or SS or Unemployment since I am 1099. I feel like I am getting the shaft here. Can they do this if I am an employee not under contract or limited term? I was told they are doing this because they are not set up in California as an employer, but why would that stop them from paying half of the fed taxes on the employer side? I have an appointment with a CPA, but that is a week away and I am having trouble keeping my worries at bay. Any help would be appreciated.......Thanks

2007-07-06 08:44:41 · 11 answers · asked by Ryan R 1 in United States

Like the amount they take off my paycheck every 2 wks? or just what I pay out of pocket at dr and hosp??

2007-07-06 07:09:52 · 7 answers · asked by Anonymous in United States

a twice a year
b at the same rate every year
c using a formula
d b and c

2007-07-06 07:06:35 · 4 answers · asked by Anonymous in Other - Taxes