Other - Taxes

A visitor from Holland was chatting with his American friend and was jokingly explaining about the red, white and blue in the Netherlands flag.

"Our flag symbolizes our taxes," he said. "We get red when we talk about them, white when we get our tax bill, and blue after we pay them."

"That's the same with us," the American said, "only we see stars, too."

2006-11-09 05:53:48 · 6 answers · asked by Anonymous

2006-11-09 05:52:09 · 3 answers · asked by Anonymous

Can anyone tell what the minimum information is needed for a mileage log for tax purposes?

2006-11-09 05:22:17 · 2 answers · asked by Anonymous

2006-11-09 03:51:58 · 3 answers · asked by pcnut4u 2

There is business that I frequent that I recently found out has been charging 7% sales tax (and has been for at least 3 years) when the city sales tax is only 6.5%! Can and will they be made to pay back all the extra tax they have collected?

2006-11-08 15:51:10 · 3 answers · asked by dpbuck10 2

I have researched setting up a 501(c)(3) non-profit which seems to be long and cumbersome. I was wondering how people seem to get set-up very quickly to collect tax-deductible contributions to assist others who unexpectedly have tragedies. Like "Mr. Johnson died last week. A tax-deductible contribution to his children can be made by sending a check to...."

There's no way that's a 501(c)(3) setup that quickly.

2006-11-08 15:19:46 · 1 answers · asked by funkymuzic 2

2006-11-08 09:49:00 · 3 answers · asked by bunnie3663@sbcglobal.net 1

hi,i have a small business that i just put in my business name.i was wondering,at tax time,do i have to pay any extra tax or anything for this business name??

2006-11-08 08:40:49 · 2 answers · asked by forest lover 2

2006-11-08 06:05:31 · 5 answers · asked by Anonymous

income about 19000, married, filing jointly

2006-11-08 02:49:49 · 2 answers · asked by ungapaca101 1

2006-11-08 00:28:05 · 2 answers · asked by misseliggett 1

2006-11-07 23:25:53 · 1 answers · asked by v_ramadurai 1

2006-11-07 20:29:59 · 4 answers · asked by kashif ali z 1

This money will be given back to my mom after some time. I will not be using this money in anyway shape or form.

2006-11-07 05:24:37 · 5 answers · asked by dr. answer 1

2006-11-07 01:14:53 · 4 answers · asked by KL 1

2006-11-06 22:54:27 · 6 answers · asked by gautam j 1

A guy I know doesn't collect a paycheck like everyone else at work. He submits an invoice thru his corporation. Where can I find info on how this benefits him financially?

2006-11-06 20:25:19 · 2 answers · asked by snarkymikey 2

2006-11-06 13:39:40 · 6 answers · asked by ? 2

of America program (a federally funded program) and I am a volunteer. Are my expenses with this program tax deductible ? All some or none ? I have entertainment, food, gas, clothing expenses.

2006-11-06 08:43:17 · 4 answers · asked by bbq 6

2006-11-06 08:27:44 · 10 answers · asked by randomyser 2

2006-11-06 04:12:54 · 6 answers · asked by soccer2006 2

A family member of mine recently cashed in bonds valued at around $230k. Around $170k of this was interest earned over the pat 30-40 years. I'm trying to determine how much of this she should set aside for taxes.

Annual income is around $30-40k a year. This is in the state of Louisiana, so I'd expect state taxes as well.

2006-11-06 04:11:26 · 2 answers · asked by Anonymous

2006-11-06 03:58:56 · 2 answers · asked by avinash 1

2006-11-06 01:35:09 · 4 answers · asked by zahid z 1

2006-11-05 17:30:01 · 3 answers · asked by kichsa 1

...they arent exactly hurting, you know.

2006-11-05 11:57:20 · 7 answers · asked by Gary 2

2006-11-05 10:33:47 · 3 answers · asked by sids000 1

2006-11-05 08:23:57 · 2 answers · asked by Andy M 1

How do they account for all that they get paid for "shoots" and what about taxes on their checks like state, federal and social security?

2006-11-05 07:06:24 · 5 answers · asked by twiggysrevenge 5

I'm a tax accounting student. There's this one part in the chapter business and hobbies that I find odd:

"An activity (that does not involve horses) is profit-seeking if it shows a profit in at least 3 of any 5 consecutive years ending with the taxable year in question."

Can someone help me out deciphering this text? It doesn't explain it further in the book. What's up with the horses? Why not cows or sheep?

2006-11-05 06:16:26 · 2 answers · asked by Jose 2