United States - October 2006

2006-10-11 11:39:43 · 7 answers · asked by DALE M 1

2006-10-11 11:17:55 · 6 answers · asked by Anonymous

To limit liability, I have suggested that a group with which I am involved register with the state as a non-profit corporation. Going through the complications of 501(c)(3) status isn't important for us. We don't have employees, or any assets other than, potentially, a bank account. The main objection is that we would have to file a tax return. I doubt this would be terribly involved. I can't get an answer on what type of tax return we would need to use. Would we use one for a regular corporate tax return since we're not a 501(c)(3)? How complicated are these returns? We probably bring in $5,000 or less per year from donations and fundraisers.

2006-10-11 10:37:01 · 5 answers · asked by kady1863 1

2006-10-11 09:11:32 · 4 answers · asked by Rodrigo A 1

2006-10-11 08:39:32 · 7 answers · asked by Anonymous

penalties for cashing in an annuity

2006-10-11 08:26:13 · 8 answers · asked by homer 1

2006-10-11 07:41:00 · 2 answers · asked by mikerei67 1

usa taxation for h1 visa holders

2006-10-11 07:00:53 · 7 answers · asked by shaik z 2

My spouse and I are both disabled on SSI, early Social Security and his Pension Check. In 2001 he received a large lump sum buyout and we paid off all bills, credit cards, etc. even though the money was taxed highly. The banking institution didn't withhold the correct amt. of taxes and knowing we would owe a huge amount of tax - we didn't file. We know ignorance is no excuse, yet we blindly lived on. About 6 mos. ago the IRS started garnishing approx. $900 per month. Each month we sink further into debt. Currently we have paid our rent, utilities, repaid loans to the few kind relatives and friends that came to our rescue and the much needed prescriptions for the month ($400+ even with insurance). We both have widowed mothers to care for. The doctors, hospitals, labs, etc. are not getting paid so healthcare has stopped. No gas, okay, but we get HUNGARY. We MUST reduce the IRS payments! The mental anguish is certainly taking its toll - how to survive 3 more weeks!

2006-10-11 05:43:02 · 1 answers · asked by Anonymous

2006-10-11 05:30:43 · 4 answers · asked by Anonymous

Here in Nevada there is a tip tax taken out of our paychecks. It can total up to half of our wages. Is it like this nation wide? also I feel that if the rich and bussinesses get a tax cut to put more money in there hands why not the same for lower income folks. As far as I'm concerned if you work a job where you get tips it usually pays low wages. more money in rich peoples hands should mean more money in poor peoples hands.

2006-10-11 04:20:38 · 5 answers · asked by olampyone 4

can I take a tax deduction on up keep and taxes? also I support my daughter with most of her bills she's 46 yrs can I claim her as a depedent even though she dosent live with me?

2006-10-11 04:08:02 · 7 answers · asked by Be Saved II 1

I don't want to wait for my W-2s to come in the mail.

2006-10-11 03:34:22 · 4 answers · asked by Anonymous

Are you aware that at least half of the answers to your questions are not accurate? I have been reading the questions and answers for US taxes for several weeks now and I am astounded at the amount of WRONG answers. Most of these tax questions can't be answered properly without more information from the asker. Giving outright wrong answers is irresponsible. I would advise all people seeking tax advice to go to irs.gov or your state website and READ the instructions for the forms you need. Perhaps a better question for askers would be "What forms do I need for (fill in the blank)"? Or if you really want advice be more specific with your questions or use the "additional information" feature to add details to your question.

2006-10-11 03:27:29 · 6 answers · asked by porkchop 5

2006-10-10 20:41:29 · 6 answers · asked by Anonymous

I am a resident of MD and earning interest from my bank account which is opened in OH. Will I have to pay state taxes for both MD and OH? Thank you for your time and consideration. :)

2006-10-10 17:53:32 · 3 answers · asked by AmyLee2412 1

Why do they tax the minimum wage? I mean its already minimum earnings. I belive govt. should have minimum wage which can be tax free (a sustainable standard of living) - and all earning above that should be charged at slab level.

What do you THINK?

2006-10-10 17:14:58 · 10 answers · asked by AMAZING 1

2006-10-10 15:46:50 · 2 answers · asked by Raina Jade 1

2006-10-10 15:40:53 · 8 answers · asked by Raina Jade 1

Our family may be appearing on a kitchen remodelling show in the near future. Are we going to have to pay a gift tax on the portion of the remodelling we do not contribute financially to? For example, we contribute $5,000 towards a kitchen, and the TV network creates a kitchen worth $20,000. Will we owe taxes on the difference?

2006-10-10 14:58:11 · 5 answers · asked by JohnDoe 2

I left the property casualty insurance business after 20 years. I am 40 and want to change careers & become a dog trainer due to my love and talent for it. Can I pay $3500 in courses and write it off on taxes in Massachusetts. Appreciate any help because I cant go back to insurance!!!!!

2006-10-10 13:28:01 · 7 answers · asked by capecoddmh 1

2006-10-10 13:09:58 · 7 answers · asked by Anonymous

How about if it is from many different people. What is the limitations before being taxed?

2006-10-10 12:54:15 · 5 answers · asked by Noshow 1

im not sure as to what i can count as a write off for work?

2006-10-10 12:42:23 · 4 answers · asked by tamera 2

My husband owes 16,000.00 in back taxes. (this was before we were married)They told him he needs to do a financial statement. Will they determine the monthly payment? We are saving for a house in about a year but this has changed things. Can anyone give us some advice. By the way he wants to send them 300.00 per month. HELP!!

2006-10-10 12:31:05 · 7 answers · asked by Anonymous

2006-10-10 11:29:59 · 4 answers · asked by tony_balogna 1

Given that you threw away all your tax information.

2006-10-10 11:27:24 · 5 answers · asked by laurantbizz 1

2006-10-10 11:16:41 · 4 answers · asked by Teri D 1

We have huge childcare bills. Can we max out both of our cafeteria plans?

2006-10-10 10:34:16 · 2 answers · asked by btsoft 1

2006-10-10 09:36:53 · 5 answers · asked by baileysusamotors 1