Taxes - September 2007

I know somebody who is on unemployment (and proud of it) but I just found out he's been in jail now for 2 1/2 weeks. What are the rules on receiving unemployment checks? Don't you have to be out applying for so many jobs per week to get a paycheck? As of right now, he's still getting a check every week, what happens when they find out he's in jail!? He has this theory that when he gets out, he'll just cash all his checks and pay his bills like normal, but if unemployment finds out he's #1 in jail and #2 not applying for jobs, won't they demand the paychecks back?! Any answers? Thanks.

2007-09-19 06:13:26 · 3 answers · asked by Bbird 1 in United States

Currently I am a student and work part time earning very little money as my only source of income. What is the amount of income maximum where you will have to file or not?

2007-09-19 05:57:45 · 4 answers · asked by Anonymous in United States

services that the employees rendered for company B but doesn't pay payroll taxes. They argue that since the employees are not employees of company A, they don't need to pay payroll taxes. Since the fringe benefit amounts are less than required for a 1099, they don't issue 1099s. However, no services were rendered by company B's employees to Company A. In fact, company B paid for company A's employees. These are obviously related organizations. Is this really an ingenious way of avoiding payroll taxes? It doesn't sound right to me to set up two companies and one pays the other's employees without receiving any services or goods in return and avoids payroll taxes.

2007-09-19 05:45:46 · 1 answers · asked by not 30 yet 2 in United States

On my W-4 I found out from my employer that I am claiming Married status with 2 exemptions. Right now over $100 in deductions is being taken out of my check every time. In order to lower the deducation amount per check, do I need to raise or lower the number of exemptions I'm claiming?

2007-09-19 05:07:15 · 7 answers · asked by Anonymous in United States

Once you become eligible for SS Retirement the SSD will stop. I just want to know what is down the road for me!!
Is this true?
This means if your on social secruity disablility and when you reach age 65 then you will be receiving retirement social security those benefits! But what is the differance?
IS there any differances??

It seems I may need to go to an atty the more and more I talk about this!!

2007-09-19 05:07:07 · 6 answers · asked by toenail 2 in United States

2007-09-19 04:57:05 · 10 answers · asked by gh_goh00 1 in United Kingdom

A Hard Earned Tax Dolllar question!! Not a loafer!!?

Can someone who has worked for 35 years of their life time and became disabled who gets SSdisablity can also claim Social Security at retirement age as well? Having 2 checks coming in?
One for disability and one for social security for retirement?
remembering this person has worked for 35 years!!!!!! paid lots of taxes over the years! any knowledge anyone on this?

2007-09-19 04:54:32 · 6 answers · asked by toenail 2 in United States

Can someone who has worked for 35 years of their life time and became disabled who gets disablity can also claim social security at retirement age as well? Having 2 checks coming in?
One for disability and one for social security for retirement?
remembering this person has worked for 40 years!!!!!! paid lots of taxes over the years! any knowledge anyone on this??

2007-09-19 04:34:13 · 4 answers · asked by toenail 2 in United States

I knew that would draw in the Federal propaganda mouth pieces.

I ask you "America" this question

Every time someone posts a question like the one I posted above, there are several who come and answer in support of paying taxes with no law. They bring up the same old b.s. remarks about the 16th amendment being ratified and then go into title this and title that.

What real American has all this title information? What real American can even understand tax language or specific past court rulings?

No American - that is who!

What American have you ever spoken with who actually supported income taxation.

These people who answer these questions in support of taxation are Federal officers or the like, not Americans.

No real American is going to support giving up 1/3 of their paycheck.

These people are there to keep the lie going. Saying things like, "Go ahead and quit paying, see how fast they knock at your door". They use intimidation and threats - not law!

Wake up

2007-09-19 04:25:18 · 8 answers · asked by scottanthonydavis 4 in Other - Taxes

on your W-4 and and state tax forms for part of the year and don't file taxes for that year? Also, is there a way to find out how much money will be deducted from your paycheck for tax purposes?

2007-09-19 04:23:10 · 6 answers · asked by Applered24 3 in United States

Also, one of my jobs I pay taxes on quarterly because I'm self-employed. The other has taxes taken out. Also, any help on filling out the two earners/mulitple jobs worksheet on a W-2 would be appreciated. Thanks.

2007-09-19 04:12:41 · 7 answers · asked by backfromwar 2 in United States

Great grandmother left me $10,000; so is that a taxable inheritance? Someone told me it's not b/c i'm a direct decendant.

2007-09-19 03:07:14 · 3 answers · asked by Anonymous in United States

1=> I understand that part of salary from our pay slip is deducted as tax. How to calculate if its done so.

2=> Income tax and State tax we file every year is always more than the refund we receive. How to understand the best way of filing tax?
If we consult an agent, we found that he will not explain every payment in detail. Is there any web source to do so?

3=> I have heard that a non-resident of US with a dependent spouse will receive higher tax returns at the end of year. What is the % of increase in this scenario? And how should we file tax to get this advantage.

Please explain in detail.

2007-09-19 02:57:48 · 2 answers · asked by Arch 2 in United States

The tax plan we have no doesn't work so let me hear yours.

2007-09-19 02:27:32 · 4 answers · asked by Anonymous in United States

2007-09-19 01:25:39 · 8 answers · asked by hamed r 1 in United Kingdom

2007-09-19 01:24:07 · 1 answers · asked by Anonymous in Other - Taxes

if i go back and correct mine and my husbands taxes for the last 3 years (we should not have both filed as head of households, he shouldnt have claimed then girlfriend's kids on his taxes) for my n-400 immigration application. will it look suspicious ? or will the immigration officer not notice that all taxes have been corrected and just happy that i submitted them like they should be.

2007-09-18 21:33:52 · 2 answers · asked by twinkletoes 1 in United States

The business i do is very small, i hardly make any business in terms of cashflow. So i wondered if i still need an accountant to fill this tax return form out.

If you are a small business do you still need an accountant anyway?

2007-09-18 21:19:15 · 8 answers · asked by Shaun G 1 in United Kingdom

2007-09-18 18:13:07 · 3 answers · asked by amysbuttabutta 3 in United States

Hey, I make around 28, 500 a year an i'm currently claiming 1 on my W-4 federal tax. I'm married and have 1 child. How do I figure out what the max amount is I can claim on my w-4 (to get a little more $$ on my paycheck) without having to pay the irs at the end of the year? thanks to all

2007-09-18 16:51:32 · 3 answers · asked by 94SR5 1 in United States

i'm not sure ,if he can have do a w2 form on a differnt name company, when we work for servpro, not the green cleaners?

2007-09-18 16:06:40 · 2 answers · asked by Heather 1 in United States

I received a bill for over $1500 due to some error that the person who prepared my taxes made. She has disappeared and is nowhere to be found. She also made a similar error on my brother's girlfriend. What can I do now? Is there a way to avoid paying this huge amount due to an error I did not make?

2007-09-18 15:25:15 · 9 answers · asked by EVELYN A 3 in United States

I just don't get this...

With a 28% marginal tax rate, would a tax-free yield of 7% or a taxable yield of 9.5% give you a better return on your savings? Why?

2007-09-18 14:26:35 · 3 answers · asked by ? 2 in United States

I was thinking about adding to my Federal withholding for a larger year end tax return. I did read somewhere that you can be penalized for too large a return.
Is this still true? If so how much for a married filer.
Thank you - Radman

2007-09-18 14:22:22 · 8 answers · asked by Radman 3 in United States

Does anyone know about the child care expenses and/or the child tax credit requirements? Is it helpful?

2007-09-18 13:50:39 · 6 answers · asked by kapika1983 1 in United States

I owe for back taxes, but with the payment plan I'm on I will pay to the day I die and still won;t come close to the total amount owed. How long will I be on this payment plan? Does the IRS refile every 10 years?

2007-09-18 12:50:57 · 7 answers · asked by Jeff W 1 in United States

2007-09-18 12:47:04 · 5 answers · asked by Kostas H 2 in Other - Taxes

His help tells me, "He just stepped out” or they say" Call back at ** o'clock" or "He'll be back in 20 minutes".
I know the taxes due are my responsibility, but He's a PROFESSIONAL TAX PREPARER, and entered the WRONG GROSS INCOME amount when he E-filed my taxes.
His business is independent, not part of a bigger tax return business like HRblock or JacksonHewitt
First, I thought,'Well, shitapins, i gotta pay some money.'.
But he's avoiding me. I want to find out where the mistake is. Am I the only one liable for this error, or does he have to bear some responsibility too?
I've been trying him for about six months and no response.

2007-09-18 12:23:46 · 14 answers · asked by Mark 2 in United States

I come from a upper middle class family & guess in some ways it seems as such I have to ask why do people making over $100,000 a year complaint so much. According to the tax code it seems anyone making from $30,651 to $74,200 pays 25%, anyone making $74,201 to $154,800 pays 28% tax on income, anyone making from $154,801 to $336,550 pays 33%, & anyone making over $336,551 pays 35% income tax yet people like me making around $30,300 pay 15% but if I get a raise of even a little bit my tax jump would almost double yet the tax different between the three highest levels changes about the same as my just jumped.

I'm all for people pulling their own weight & paying taxes but explain how the three lowest tax brackets change 15% a jump of 5% from the lowest to the next level & then a 10% jump to the middle. Someone making $40,000 pays about $10,000 in taxes leaving them only $30k while someone make 3x more at $100k paying 35% still has $65,000 left to live on for making 3 times as much.

2007-09-18 09:37:41 · 10 answers · asked by usfunparks 1 in United States

Recently I won a $15,000 home kitchen package, though will be unable to afford the taxes the prize will accumulate. One part of the prize alone totals $10,000. If I donated that item to a charity or non-profit, would that write-off be enough to cover the taxes on the rest of the items?

2007-09-18 09:18:00 · 6 answers · asked by Anonymous in United States