Taxes - December 2007

Cash dividends decrease (if paid out) Net Income b/c it decrease SH equity?
Also one entry tells me to: Record cash sales tax of 100 and 6 sales tax, which i can do but the next enty tells me to: At year end, remit the sales tax to the state? can anyone help me understand that?

2007-12-05 13:28:33 · 1 answers · asked by Kelly 2 in United States

2007-12-05 13:19:55 · 4 answers · asked by Houston 1 in United States

2007-12-05 13:17:43 · 4 answers · asked by Houston 1 in United States

HOW MANY YEARS?

2007-12-05 13:10:20 · 6 answers · asked by shawn m 1 in United States

2007-12-05 13:02:33 · 1 answers · asked by Stars and Stripes 3 in United States

2007-12-05 12:47:05 · 3 answers · asked by Cin Cin 1 in United States

I need to know what I can do, I lost my federal tax return form for 2006 and now I need it, a friend of mine did my taxes for me and showed me how but he doesn't have a copy of it...is there any way i can get the irs to send me a copy? Please help!

2007-12-05 12:40:01 · 8 answers · asked by Anonymous in United States

what is the most one can make to recieve earned income credit?

2007-12-05 12:27:45 · 1 answers · asked by whynot 4 in United States

2007-12-05 11:54:46 · 3 answers · asked by Cruise Guy 1 in United States

I'm taking specifically w/ income tax, property tax, sales tax, social security, excise tax and estate tax

2007-12-05 11:53:44 · 3 answers · asked by 123_Not_It 2 in United States

Married, two children, 90k, 10k in property taxes and mortgage interest, roughly

2007-12-05 11:52:42 · 3 answers · asked by upstatenewyork 1 in United States

2007-12-05 11:52:12 · 2 answers · asked by Jeanne 1 in United States

on a w-4 form there is a section that says( if i filed taxes last year and was eligible for a refund because i didnt owe any taxes and if i plan on filing this year and expect a refund) write EXEMPT on the line. so i wrote exempt on the line cause i figured that pertained to me. could that be the reason why i have no taxes taken out

2007-12-05 11:33:41 · 4 answers · asked by pretty1 1 in United States

at what age do i stop claiming my daughter if she dosent work? if she dose work ill technicaly be still be supporting her, would i still be able to claim her?
thank you for your answers

2007-12-05 11:32:34 · 18 answers · asked by Nayo 3 in United States

If EVERYONE had to pay the same percentage of their whole incomes, wouldn't the funds from the super wealthy eliminate all of the anticipated shortages in the coming years? Why is it up to the middle class to carry everyone?

2007-12-05 10:42:19 · 2 answers · asked by Billy Shat 7 in United States

I had a serious situation last year which prevented me from paying my taxes entirely and now my husband has been out of work for medical reasons and we can't keep up with paying the back tax. Are any of these firms that specialize in helping taxpayers by dealing with the the IRS real or are they scams? We don't know where to turn. The IRS is threatening to levy my income -our only source of income which means we can't pay mortage, car payments, electric, etc. Anyone?

2007-12-05 09:50:22 · 5 answers · asked by Martha H 2 in United States

The IRS says they have a refund for me, I need it, They say i can get it by going to th URL described in my question and filling out a form. but I can;t get to this site, I get a "the page cannot be accesd" message. Help! thanks, Paul.

2007-12-05 09:49:26 · 3 answers · asked by Paul W 1 in United States

I am a full time college student and this past year I was in school full time and made no income. I did however make some donations in the form of goods to some charities. Can I file and deduct these items even though I made no income?

2007-12-05 09:32:27 · 7 answers · asked by Jason 5 in United States

2007-12-05 09:26:29 · 1 answers · asked by clevelandrocksgirl 3 in United States

2007-12-05 09:09:54 · 2 answers · asked by Ms. Me 2 in Other - Taxes

I have left public accounting and will be doing a few individual tax returns this year on my own. Have one question though. On the 1040 it ask for the EIN of the paid preparer. Well I don't have one, does answering the question as being self-employed alleviate having to answer that question. I prefer not to get one and not use my SS (which is why I got a PTIN). Any thoughts

2007-12-05 09:01:09 · 7 answers · asked by DTC81 1 in United States

2007-12-05 08:49:21 · 4 answers · asked by Anonymous in United States

I have currently made 7,600 this year, and therefore do not need to file for taxes. I am being offered an extension at my work to make an additional 3k. But then I will pass the $8,450 threshold and have to pay taxes. Should I work and make the additional 3k, or will I lose more to taxes??

2007-12-05 08:33:40 · 4 answers · asked by Paps 1 in United States

how do they determine how much you get back?

2007-12-05 08:06:24 · 7 answers · asked by rAwR♥ 3 in United States

with my SS# on it of course - as one would mail a check in April...

will it still credit to my account?
I think I owe quite a bit, in back taxes -

I would rather start paying and then perhaps get an eventual refund, rather than try to save up enough to pay a lump sum (that'll never happen). I trust the tax system to keep good accounting, but if that's not the way the system works, I don't want to lose money.

2007-12-05 07:32:59 · 7 answers · asked by Abel Skivver 3 in United States

2007-12-05 07:18:05 · 2 answers · asked by irish_guy88 1 in United States

Are Americans overtaxed? Figure it out, how many hours a day do you work just to pay taxes? Add in all other non-income taxes. Now how many hours a day do Americans work just to pay taxes? How much is too much? What can be done? Are you doing it?

2007-12-05 07:09:56 · 6 answers · asked by Thoughtful Mind 3 in United States

2007-12-05 06:29:04 · 6 answers · asked by texas girl 3 in United States

I won't benefit from deducting mortgage interest this year. Can it be carried forward to future returns?

2007-12-05 06:24:34 · 4 answers · asked by dale h 2 in United States

Okay, my husband, myself and my son are on welfare. He and I are on it until SSI accepts our case.

I read somewhere last year that some people can get money back for "unearned" income, what is that?

I am in the state of Ohio.

Thank you!

2007-12-05 06:21:56 · 5 answers · asked by Anonymous in United States