Other - Taxes

I might start working for a company as a contractor and I heard the taxes are higher, is that correct? or it only means instead of the company withholding the taxes, I have to pay them myself. In other words, is it the same tax rate? Thanks,

2007-05-01 07:38:07 · 5 answers · asked by Janmarintl 1

He is an angel and I want to pay him back a.s.a.p. I plan to basically "lower" my salary by $300.00 per month - I don't know what the tax repercussions are. Since we're both in agreement does the government even have to know?

2007-05-01 07:13:42 · 5 answers · asked by Lynne 2

ithink there should be a cut off to the amount of money you earn as to the tax you get taken. because it seems to me that no matter how much overtime i do to improve my finances i never seem to be any better of ,it seems so unfair,what do others think?

2007-04-30 10:26:31 · 7 answers · asked by jumbo 1

2007-04-30 08:24:25 · 4 answers · asked by Mike J 1

2007-04-30 05:53:07 · 6 answers · asked by Anonymous

2007-04-30 03:37:25 · 4 answers · asked by Lynne F 1

I've always wondered who actually files for sales tax returns.

2007-04-30 02:47:29 · 4 answers · asked by nathan 3

2007-04-29 20:13:21 · 1 answers · asked by Ino 1

My fiance filed his taxes on March 28, 2007 (by mail) and he still has not recived his income tax check. Does anyone know how long this will take? When should he expect this check?

2007-04-29 19:50:48 · 3 answers · asked by PrincessNene 4

I know a business expense is not taxed but is it reimbursed annually?

2007-04-29 17:03:55 · 3 answers · asked by Camara G 1

2007-04-29 15:57:39 · 7 answers · asked by Anonymous

2007-04-29 15:45:52 · 4 answers · asked by grettalove06 1

A co-worker says she writes it off every year...and also any clothes she buys for work. And I don't mean items with logos or anything she can't wear anywhere else. I think she's lost it. Anyone?

2007-04-29 09:38:22 · 9 answers · asked by Jani 2

to identify public school students.

2007-04-29 00:07:02 · 3 answers · asked by Anonymous

I need help with these questions.
Evaluate the impact that the fair tax might have on a business:
1) what might happen, in general to the firm's demand?
2)what impact would an inelastic vs. elastic demand curve have on this tax?
3)what would happen to the firm's cost structure?
4)how would firms' that are heavily dependent upon foreign sales be affected?

2007-04-28 03:44:36 · 3 answers · asked by Anonymous

2007-04-27 13:31:34 · 11 answers · asked by Mike 6

Employees have filed their tax returns and have recieved money. Is he going to owe the IRS or are the employees. Is he going to jail, he is really freaking out? ? ?

2007-04-27 09:27:05 · 7 answers · asked by Chelsie M 1

I'm considering asking for a $50,000 loan from family to help me make a $100,000 down payment (in order to avoid PMI). This loan would accrue interest and I would make payments on it like any other loan... Could the interest be tax deductible?

If not, is there another way to go about this that would be effective?

2007-04-27 07:03:25 · 6 answers · asked by cuztis209 4

what will that result in?

2007-04-27 05:08:38 · 3 answers · asked by spindymindi 3

If a person gives me a 1099-Misc Income and does not file the 1096 with the IRS, what happens then? I claimed the income and paid SE tax on it but what about the 1096-can it still be filed?

2007-04-27 03:35:57 · 2 answers · asked by Laurie S 1

I own a home in Arkansas but no one resides there at this time. I am a resident of Brazil where my wife of 14 years is a Brazilian National. My income is earned from my work in Saudi Arabia. I do not earn any money in Arkansas. I assume that we cannot have dual residency so "Do I need to file Arkansas Income tax Returns"?

2007-04-26 20:37:13 · 5 answers · asked by mpray47 1

2007-04-26 14:35:07 · 9 answers · asked by Anonymous

2007-04-26 14:20:27 · 9 answers · asked by Anonymous

i need to know if there is a age or if you have to make a goal to get back any taxes?

Thanks

2007-04-26 14:06:43 · 5 answers · asked by Anonymous

Utility expenses related to the home, homeowner's insurance premiums, premiums on a personal umbrella insurance policy, California DMV fees on Tim's auto.

2007-04-26 13:10:26 · 3 answers · asked by lucienmike 2

the real estate was owned for over three years and has been a investment property....

2007-04-26 13:08:05 · 5 answers · asked by RAVe 1

we are talking about depreciation

2007-04-26 12:45:56 · 4 answers · asked by DEBBIE B 1

I have contacted the person to request their SSN several times and they haven't called me back. I already filed my tax return which reflects the payouts as contract work. I'm sure not filing the 1099 will result in an audit -- if I have the cancelled checks that show payment to her -- will that help?

Can I file the 1099 without a SSN? What should I do?

2007-04-26 12:18:23 · 6 answers · asked by Jacob S 3

I feel that the car should be for my exclusive use, as I am paying income tax on it's benefit-in-kind value. Other users do not necessarily take the same care as I do.

2007-04-26 04:21:49 · 5 answers · asked by rob h 1

I'm not sure if there is a solution to this, but.... I've been paying back child support for when I was unemployed and my taxes have been garnished for three years now. I've got no problem with this, but I'm remarried and we are expecting a BaByGirL any day now. How do I go about making sure that next year my taxes will not be garnished away from my new BaByGirL? I want to make sure the IRS will know that I will be claiming my baby and that they won't take it all. Please, any and every helpfull answer is greatly appreciated... thanxs and Be Blessed :-)

2007-04-26 02:42:27 · 8 answers · asked by PREY4WIZDUM 3