Taxes - November 2007

I was told we can only claim 2 children max. We wanted to file Married filing Jointly. We are in Florida Should we file Separately so we can claim all 3 kids?

2007-11-19 13:55:31 · 9 answers · asked by Jesse T 1 in United States

I am in Florida and I am claiming 3 kids.

2007-11-19 13:02:58 · 2 answers · asked by Jesse T 1 in United States

2007-11-19 12:52:25 · 3 answers · asked by Anonymous in Australia

2007-11-19 12:19:06 · 5 answers · asked by banks 2 in Other - Taxes

should I cash it or deposit it in a new account at a new bank or bring it back to the bank that issued it and start a new account ? I dont need problems.

2007-11-19 12:01:31 · 8 answers · asked by richard r 1 in United States

2007-11-19 11:32:36 · 12 answers · asked by xmasinjuly 2 in Other - Taxes

I am being audited by the IRS for tax years 2004, 05, and 06. Most people who have had taxes prepared by my accountant are in the audit process with the IRS as well. Much speculation is that the CPA is in trouble with IRS? My issue is that every person who has been to the IRS office meeting so far has had to repay the IRS thousands of dollars. I have talked to people who are paying anywhere from $4,000 to $9,000 to far. My question is that when people go to an accountant in good faith that he/she knows what they are doing and this is the magnitude of what has happened, it is obvious that there is a problem with the CPA. If this was just a problem with my taxes, I would not be so upset but this is a problem with a large number of the CPA's clients. Several people have went to look for the CPA to speak to the person but have been unable to locate. I am curious to know if this is criteria for a class action law suit or something that would be legititmate cause for law suit at all.

2007-11-19 11:19:21 · 5 answers · asked by Texas 1 in United States

What are the laws regarding exporting Electronics out of the United States? Is a license needed? How much export tax will be applied? And is it legal to export commercial quantities of iphones?

2007-11-19 11:04:53 · 2 answers · asked by adnan 1 in Other - Taxes

2007-11-19 10:50:50 · 4 answers · asked by Aescopalus 1 in United States

I read that if you dont get a business license and you run an at home based business and your neighbors dont complain about your work, its unlikey the IRS will find out and make you pay a fee as well as put your business on hold until its done. Now, in the state of FL, if I chose to not get a license because the type of business (event planning) did not require one, would I still have to pay taxes?

2007-11-19 10:28:47 · 3 answers · asked by shimshim 1 in Other - Taxes

my company is relocating and i've only been there for a year, ive been sent a package that says i will be entitled to 25% of my annual pay. also a girl who has only been there for 6 months is also gettin this package. but ive lookied on the net and it says u have to work a minumum of 2 yrs to be entitled to redundancy pay. i questioned the manager and she said they are offering so much because then people will leave and then they will have to train completley new people for a few months till they close and they cant waste their time doing that. im i being taken for a ride and hanging around for nothing?

2007-11-19 10:01:07 · 5 answers · asked by Elleanor S 1 in United Kingdom

Do I need to make a certain amount of money during the year to claim the child tax credit in Ohio? If so, how much?

Thank you!

2007-11-19 09:56:23 · 3 answers · asked by brandynicole7399 2 in United States

Do I have to take a Capital Gain? Can I give the money as a gift to avoid being taxed on the money? What about my unclaimed salary as owner?

I plan to speak with a tax accountant, thought I'd get some insight before hand.

2007-11-19 09:43:41 · 3 answers · asked by Anbarblue.com 2 in United States

Basically, I know I need to pay taxes at tax time, but I want to plan ahead to be able to save for it, so I'm not screwed when tax time comes. I need to find out both federal and state (Arizona). My total income is going to be approximately $28,000 with $3,000 of that being the non-taxed part of it, and the other $25,000 taxed already.

2007-11-19 09:32:35 · 4 answers · asked by sam 4 in United States

Im 20 and live with my dad im in a academy right now and so far i have made 14,207 i work at a country club and gratuity is added to our paychecks i have earned 6,699 bux from regular earnings and 648 bux from overtime earnings and 6859 bux in gratuity my federal withholdings have been 1541.39 bux how much should i expect for my return?

2007-11-19 09:27:54 · 1 answers · asked by Anonymous in United States

I have an online business that I can operate from anywhere in the world with a decent broadband service. Where is best from a tax and lifestyle point of view?

2007-11-19 09:21:27 · 3 answers · asked by Mister Big 1 in Other - Taxes

2007-11-19 09:16:33 · 5 answers · asked by trice 1 in United States

What is the total consumer surplus when GreatReception operates as a monopolist? ($9800, $7350, $6900, or $2450)

How do I calculate the consumer surplus in a monopolist company? Is there a formula for the calculation.

additional details
The profit maximizing, GreatReception will produce __350____ cell phones and charge __26__ each.

The GreatReception's profit s when producing at the profit-maximizing output at $9100.

So please me out here with these information to calculate the total consumer surplus in a monopolist company?

Thank you

2007-11-19 08:54:50 · 1 answers · asked by ss 1 in United Kingdom

before obtaining an approved tourist visa to the US? Can a US citizen sponser me to visit the US by providing verifyable income to cover all of my expenses while I'm visiting? If not, then is there a minimum amount of money I need to put into a bank account to show them proof I can afford my visit?
thanks

2007-11-19 08:47:40 · 1 answers · asked by Leigh 2 in United States

2007-11-19 08:43:56 · 3 answers · asked by ebadeeny 1 in United States

i'm starting a small tax business. I'm going to finish my tax classes in december and i need to know what are the best tax softwares to use. thanks for the help.

2007-11-19 08:20:19 · 5 answers · asked by Andrew 2 in United States

2007-11-19 07:53:43 · 4 answers · asked by Just ME ! 1 in United States

i also wanted to know how would i report my income from a 1099? and if i could write of any expsenses while recieving a 1099? i also wanted to know if a housing allowance, or living allowance is taxable? lastly what is better recieving a w2 or a 1099?

2007-11-19 07:36:22 · 4 answers · asked by haley01 1 in United States

I received a bill for asking me to pay $550 tax for my cars but I moved out of MO in April, do I really need to pay it?

2007-11-19 07:19:33 · 3 answers · asked by ly101 1 in United States

What is the minimum amount one has to make?

2007-11-19 07:17:32 · 4 answers · asked by camel2575 1 in United States

Hi all, tax time is coming soon and I live in Wisconsin and was wondering what I can expect to get back on my taxes if I paid about $11,000 for tuition this year. How much of that do you think i will get back? Any help would be great

2007-11-19 07:16:28 · 2 answers · asked by JustBlah 3 in United States

Can I claim the child this April, baby will only be 1 month old, or do I have to wait until next tax season.

2007-11-19 07:13:38 · 4 answers · asked by Adam S 1 in United States

2007-11-19 06:58:13 · 2 answers · asked by bionic_redneck_2006 1 in United States

I'm trying to figure out which one gives more saving. My company provides a $5000 max in flexible spending account for dependent care. So with $5000 before tax, I could earn up to $1500/year for a 30% in income tax.

I don't know how much I can get if I claim for dependent care in my income tax return. I have one child and I would have to paid about 30% for income tax.

Has anyone compare these two before? which one is better for you?

2007-11-19 06:49:22 · 4 answers · asked by Kate 2 in United States

I live in Iowa, in Jan 2007 I was laid off from Target, and got another job the following month. I've worked for the same company ever since. I get approximately $10 per hour, and was wondering what percentage of taxes paid will be refunded, if any. This is my first year doing my own taxes, so I'm trying to calculate ahead so I know how to budget this next return. I'm hoping to get an iPhone with it!

2007-11-19 06:46:36 · 2 answers · asked by BigDaddyRio™ 1 in United States