Taxes - October 2007

my husbands family is selling their parents property 54000.00.
split 7 ways 13500, 13500,13500,1000,3500,9000. check will be put in one persons name and he will have to give the money to the others. anyway how does taxes work

2007-10-26 04:42:12 · 5 answers · asked by Anonymous in United States

Can someone give me some factors that would affect the music firm BMG internally?

2007-10-26 04:31:32 · 1 answers · asked by ShannyBikdiK 2 in Other - Taxes

I live in Kansas, I work, have a child, and a spouse that does not work.

2007-10-26 04:24:26 · 6 answers · asked by Brandon P 1 in United States

The house is not a primary residence but an investment propery.

2007-10-26 04:22:51 · 11 answers · asked by ANyone but you 2 in United States

In Iowa - what should you do to pay your taxes - do you reccommend savign money back until tax time or paying as you get the income in... do you reccommend getting an accountant to handle this?? Also, do you reccommend having a separate business bank account to put income from daycare in? Any suggestions appreciated!!

2007-10-26 03:51:37 · 3 answers · asked by Jodie C 2 in United States

2007-10-26 03:41:17 · 5 answers · asked by DrDoogie 2 in United States

2007-10-26 03:40:52 · 1 answers · asked by carolinel 1 in United Kingdom

2007-10-26 03:26:32 · 9 answers · asked by Anonymous in Other - Taxes

2007-10-26 03:22:59 · 4 answers · asked by ANyone but you 2 in United States

I would like to learn how the TAX system works in the states, so a friend of mine told me to think about taking Enrolled Agent courses. I was wondering if there are FREE enrolled agent courses in this country (U.S.)?

Thanks in advance.

2007-10-26 02:54:57 · 5 answers · asked by Dr. W 3 in United States

example the dole

2007-10-26 02:31:09 · 8 answers · asked by bernard s 2 in United Kingdom

I live in Florida and am working for an LLC as a contractor for the first time ever. I travel all over the country speaking at colleges and Universities. I am concerned about the issue of paying estimated taxes. I have been told that the approx taxes on $40,000 are just under $8,000 WITHOUT deductions....I don't know how much I will end up making but I am guessing close to 50,000.....I would like to stick wtih the 40,000 number for now though. Is this statement true and if so, how was it figured?? I have sent estimated payments totaling around 5,000...I am WORRIED about 4/15......

2007-10-25 19:08:48 · 7 answers · asked by william e 2 in United States

2007-10-25 18:30:40 · 4 answers · asked by martinez10011 1 in United States

What do they really do with all the "money" you give them?
Lets see who gets it right.

2007-10-25 15:50:45 · 6 answers · asked by Anonymous in United States

Is it better to buy 1 property at 900k and claim as a primary residence
Or buy 2 at a combined price of 900k and claim the second home as a business ?
Which is the best from a tax optimization perspective?

2007-10-25 15:14:06 · 4 answers · asked by m1kegbrown 2 in United States

2007-10-25 14:39:41 · 2 answers · asked by lil ole me 3 in United States

I would like to find a site that will show me (roughly) what I would owe in taxes this year as a single man vs. what I would owe (roughly) if I got married this year.

Anyone know where I can do that?

2007-10-25 14:23:55 · 4 answers · asked by SmooveO 2 in United States

I just conducted business with a company and they asked me to write the payment check to their personal name. I guess this is legal but I started to think that maybe they were trying to skirt paying IRS taxes on business. Opinions?

2007-10-25 13:22:21 · 5 answers · asked by sgt 4 in United States

When I was married I usually always had myself listed as single and claiming 0 allowances for my paychecks so they would take out the maximum they could in taxes so that we didn't owe at the end of the year. Starting in January I would like to claim more allowances (maybe 2 or 3) so that I will have more money in my paychecks. I am divorced now and I have custody of our son so I kind of need more money coming home with me. I am concerned though, that I wouldn't be able to get a refund when it came time to do my taxes and that I'd end up owing money. Does anyone know if I would definitely get money back no matter how many allowances I claim since I do have a child or could I still end up owing? I don't make alot of money, btw.

2007-10-25 11:54:26 · 5 answers · asked by love my life 2 in United States

I saw this term many times when I read the book about tax.

2007-10-25 11:41:38 · 4 answers · asked by Anonymous in United States

Did i file for income tax returns in 2005, because I worked at around summer time of 2004, so the april 15 date was passed, so did i only file for 2005 of april?

2007-10-25 11:36:08 · 7 answers · asked by deal 3 in United States

I just filed my taxes for last year. I don't really want to hear about me loaning the government free money - whatever - irrelevant - I know...

Anyway, I filed my taxes and I calculated a refund of but I got $67.81 -more- back... What gives?

Does the IRS actually give you interest? It seems slightly high if they did. More than likely it's a mistake? But the IRS does give refunds in sub-dollar range. They round up or down don't they?

2007-10-25 11:15:01 · 9 answers · asked by Eric L 5 in United States

2007-10-25 11:00:42 · 8 answers · asked by ~*~gigglepuff_420~*~ 1 in United States

When i search around Yahoo Answers, i see people mentioning "CPA" i am wondering what that is. Also, what is the difference between an accountant working for a company, such as the bank, and a public accountant.

2007-10-25 10:37:39 · 7 answers · asked by Davy N 3 in Other - Taxes

2007-10-25 10:18:20 · 5 answers · asked by alexis 1 in United States

2007-10-25 10:07:02 · 6 answers · asked by janedoe! 1 in United States

Ex:
subtotal $840.00
tax $50.40
Total $890.40
How would you add 18% to that? please help

2007-10-25 09:50:51 · 5 answers · asked by Jenn 1 in United States

2007-10-25 09:27:44 · 12 answers · asked by Anonymous in United States

I think I lost my 2006 income tax forums and I am trying to get them replaced.

How do I do this and what do I need to replace them with?

2007-10-25 09:16:44 · 6 answers · asked by Doesntstayinvegas.com 3 in United States

I paid a state balance tax that was due in '04, this year. If I itemize, can I deduct this this tax season?

Thanks

2007-10-25 09:08:07 · 4 answers · asked by JustBreathe 3 in United States