Taxes - August 2007

Hi - Can anyone tell me if a house can be sold when there is a charge on a property? Also is it the solicitors duty to do a search to see if there are charges? Any help and advice would be appreciated. Thanks in advance

2007-08-29 03:31:22 · 2 answers · asked by Anonymous in United Kingdom

I am employed by an agency and on a longterm temporary contract placement.

2007-08-29 02:08:28 · 6 answers · asked by starlite1303 1 in United Kingdom

Was property tax used initially in the U.S or was it started later? Are there more equitable alternatives than taxing a person's home?

2007-08-29 01:22:59 · 2 answers · asked by Timothy 1 in United States

2007-08-29 00:05:23 · 3 answers · asked by Jessica R 1 in United States

2007-08-28 23:59:21 · 3 answers · asked by JLW 1 in United Kingdom

Hello,

I have a car I am considering donating before I move out of California. My dad (who lives in Pennsylvania) bought me the vehicle several years ago, and put me under his insurance, but it was not registered in his name. Since I may not benefit from the tax deduction (I heard it's better for people with mortgages or other expenses), would I be able to donate it and give the proper forms for my father to claim? Would it matter that my dad lives in a different state than me?

Thanks in advance.

2007-08-28 22:10:24 · 5 answers · asked by rabidteddy5 2 in United States

Organization but I received it for free, is that still a $15 deduction on my taxes?

Example 2: Lets say I buy something from Wal-Mart and pay $15 because it is on sale but next week the price goes back up to $30 (regular price), could call that a $30 write-off even though I paid $15?

Ofcourse bith examples are assuming I donated the item to a qualifying non profit.

2007-08-28 21:55:31 · 5 answers · asked by when and how 4 in Other - Taxes

2007-08-28 19:47:32 · 5 answers · asked by The Shepherd 2 in United States

I have an S Corporation with one bank account in which I deposited a few thousand dollars. Some of that money has been used as startup costs. A few hundred dollars have been added to the bank account as revenue from Google AdSense ads. Can anyone tell me what lines I need to fill out for the S Corp return? And should the rest all be -0-?

2007-08-28 19:40:15 · 3 answers · asked by x x 1 in Other - Taxes

My friend is getting some thing notarized what information does he need? as in birth certificate , socail sercurity number ect.
Also will they except your school id instead of a state id

2007-08-28 18:05:40 · 7 answers · asked by Anonymous in United States

What's the deal with property taxes, or, for that matter, with all the taxes in Florida? I live in Texas and there's a property tax of the total property value set usually around 1.5 to 2%. That's roughly $5000 for a $250,000 home. In Florida, it seems, taxes are MUCH lower for property. This seems too good to be true. Yet, there are countless legislative bills going through demanding that taxes be lowered. What is really going here? How much would an average resident expect to pay annually in taxes (not just property)?

Also, can anyone explain what 'millage' is? I'm completely lost here and am obviously missing something if you can move to Florida, have a million dollar home and barely pay anything in taxes on it (~$10,000 or so annually).

2007-08-28 17:57:14 · 4 answers · asked by matt 2 in United States

I have a job that travels aot. I currently rent a very small "cheap" place in California. I want to take advantage of the market and buy a house so that I can also use it as a tax break. The one I like is 20 acres on the river that has a house on it back home in Kentucky. I want to buy it and use it for vacations for now but i'm unsure on the taxes. Should I double up and pay it off faster to aviod interest? Or should I make the lowest payment possible to take advantage of the interest while putting the rest in savings. I don't have ANY tax write offs currently and Uncle Sam is going to slam me this year. The place is 140k and someday i plan on building my dream home on it.

2007-08-28 17:34:49 · 6 answers · asked by Anonymous in United States

I have absolutely NO idea of what I need to when it comes to taxes and stuff. I don't want to wait until they threaten to take me to jail in order to do something. How can I find out if I owe money or not?

2007-08-28 17:03:56 · 9 answers · asked by the redcuber 6 in United States

I work for Domino's and was wondering if when tax season comes I have to fill out anything special in regards to tips. Domino's reports all of my tips to the IRS and takes taxes directly out of my paycheck for tips. Will I have to pay additional taxes on my tipped earnings or has Domino's taken care of everything for me? Obviously I have kept all of my driver's slips for each delivery which include the amount of the delivery, tip received, and whether it was a credit card transaction in case I get audited, but is this all I have to do? Thanks.

2007-08-28 17:03:41 · 3 answers · asked by disco_stud61 2 in United States

2007-08-28 16:40:08 · 6 answers · asked by Anonymous in Other - Taxes

i have saved up 20000 from gifts from my family over the past two years without working and want to pay cash for a 23000 dollar house. will i have to pay taxes on the gifts even though i havent gotten more than 12000 in gifts in one year thanks

2007-08-28 16:13:47 · 6 answers · asked by Jared K 2 in United States

2007-08-28 16:07:05 · 2 answers · asked by Princess J 1 in United States

I don't know if going to do more shows, it just depends on how well I do. Because I need equipment and I want to see if it is worth investing money to get more equipment.

2007-08-28 15:34:12 · 5 answers · asked by Bel 1 in United States

what if they are given in lieu of the wedding? thanks

2007-08-28 15:04:13 · 7 answers · asked by Jared K 2 in United States

I work for a printshop company and I want to leave early a couple of days a week and buy a computer to do some work at home. Can I deduct part of it in my taxes...?

Thanks

2007-08-28 14:55:07 · 4 answers · asked by bobbo 2 in United States

I got married in July. Should I change my w4 to married or wait until January?

2007-08-28 14:53:18 · 6 answers · asked by sprtsgrl1918 1 in United States

i pay my taxes, i just got this notice today stating that the are freezing my account on the 23rd. hello its the 28th i havent needed to go into my bank in a week or so so i didnt know it was even frozen, its after hours so i cant get ahold of anyone to find out what the deal is it says i owe $200, it would be nice if I owed $200 to actually get a bill i have no problem paying it.

seriously WTF how can this be legal. no notice at all just a court order over $200 haha this is insane luckily for credit cards i can actually get some food tonight till i get this resolved tomorrow.

unreal, has this happend to anyone?

2007-08-28 14:31:39 · 2 answers · asked by Boston George 3 in United States

A lien was recently [July, 2007] placed by the IRS against a piece of Real Estate in New York that is owned by an Estate that I am the Executor of.

How long do I have from the time the lien was placed by the IRS to the time that the IRS forces the property for sale or auction? If the property is forced for sale or auction by the IRS is there some type of redemption period that I have?

The Estate does not want me to sell the Real Estate.

2007-08-28 14:25:23 · 6 answers · asked by fa98 2 in United States

My husband and I filed together but he owes child support and that means both of our earnings will go to his ex. How do I make an adjustment so I can recieve my income tax refund instead of having my half sent to her as well? We just recently found out I can still have it adjusted from the Child Support Office but does anyone know which form it is or where I maybe able to find it? Any other helpful information will be gratefully appreciated..

2007-08-28 14:10:12 · 4 answers · asked by dulcitamija 1 in United States

I hope someone has some idea on this. I didn't file my taxes for 2006, because I didn't think I made enough where it mattered. I applied for financial aid, and with the amount of money I made last year I SHOULD have filed, but didn't...and now it's way past the deadline in April, obviously. And now my college is requesting for me to file my taxes before financial aid can be granted, but I'm past the deadline. What should I do in this situation? Any help would be much appreciated!

2007-08-28 14:06:45 · 2 answers · asked by Anonymous in United States

My parents and I want to add my name to the deed to the house they own. I live in it and want to homestead to cut the property taxes. Do I have to go through an attorney to do this?

2007-08-28 13:36:03 · 7 answers · asked by katzoo 2 in Other - Taxes

I know that non-profits are tax exempt - but private parochial schools tax exempt? They are making a profit.

2007-08-28 12:33:56 · 4 answers · asked by Anonymous in United States

I was told that we could claim the intrest we pay to our mortgage company & that we'd get most or maybe even all of it back on our 2007 return. My husband & I are young & just bought our house last August. We have a very high intrest rate & by the time we pay Decembers mortgage payment we will have paid nearly $9,000 in intrest (is that alot?) I'm not sure what info anyone would need to be able to tell me if we'd get back any of the intrest paid so here's some of the info I know about last years return...

I think we do long form ~ We have 1 child together & he has 3 from another relationship, & I have a son from another relationship as well ~ We make around $40,000 a year.

2007-08-28 12:30:10 · 10 answers · asked by Anonymous in United States

Can they do it. My gal friend is on SS disabilty and has numerous things going on with her health. They told her they are going to deduct several hundred dollars from her check. Can they do it?
Also since it is personal income tax can't she go bankrupt on it. I know you can't on payroll check tax money but I thought one could on personal taxes. she just had surgery and will never be able to work again. She is 60 years old. Can anyone tell me more so I could guide her. She is beside her self. She lives with her daughter as her medical bills are so high she cannot afford a place and there is a 5 year wait for housing.
She will be in bad shape if they take anything from her check.
Please advise.

2007-08-28 12:19:33 · 6 answers · asked by onedot.darling 4 in United States

I'm opening a preschool and was wondering if all schools could apply for tax-exempt status - or only non-profits? Thanks for responding.

2007-08-28 12:13:46 · 5 answers · asked by Anonymous in United States