United States - April 2007

valid and wothwhile do you think all the federal research ones are? Medical ones? Psychological ones?

Survey ones? I heard on radio that they did a study on the favorite color for Easter eggs!

Do you find your federal tax money is being well spent?

2007-04-07 05:12:27 · 2 answers · asked by Advice Please 3

2007-04-07 04:50:12 · 4 answers · asked by misslizzy888 2

i was supposed to receive it yesterday (Friday), but it never came in. i don't know what to do.

2007-04-07 04:32:47 · 6 answers · asked by Anonymous

I know that I am able to deduct up to 50% of my business dinners and food ect... But I am looking for the Ceiling of this deduction. I know if I have $1,000,000.00 in reciepts the IRS will only let me write of how much of that million? $2,500? $5,000? ???????? what is the number?

2007-04-07 04:09:46 · 4 answers · asked by Jim C 1

2007-04-07 04:07:15 · 3 answers · asked by nina 1

2007-04-07 03:56:04 · 4 answers · asked by nofool 1

I have to pay $600.00 which I don't have to the IRS this year, I don't make as much money as I did last year and there is not way I can come up with this money in a week. Does anyone know what my options are without having to pay pentalties?

2007-04-07 03:52:39 · 7 answers · asked by accebermn 3

My husband is getting paid $12/hr this payroll gross was $918. The deductions are $278.40 (child support) and all the other taxes deductions. I see everything in order but they started also holding Philadelphia local Income tax for $88.04. I did know about Federal Income tax and PA income tax but this Philadelphia taxes I never herd of them and the withold amount is almost 3 times higher than the PA one. So he is only receiving $ $344.28 this payroll. Is this right?

2007-04-07 02:50:36 · 1 answers · asked by geniepr 2

2007-04-07 02:11:50 · 3 answers · asked by William S 1

2007-04-07 02:08:16 · 8 answers · asked by Anonymous

Hi,
I'm an Australian citizen living in Australia and have been following the US stock market for years. With significant amounts of money to invest, I was just curious what is the capital gains tax rate for me when I sell my US shares after a year (so assume i'm a long term investor). Is it a flat rate? Does it count as income? Is there some sort of tax discount?

2007-04-07 01:45:03 · 2 answers · asked by mr_kelvintan 1

2007-04-07 01:18:29 · 6 answers · asked by Donna J 1

2007-04-07 01:04:59 · 5 answers · asked by OVERTHINKER 1

i claim jsa, my wife claims incap, we recive tax credits for our 3 kids plus child allowence for our 3 kids, also get help with rent, is there any other benifits we can claim?

2007-04-06 22:46:00 · 5 answers · asked by Anonymous

Does termination from a previous employer go onto your personal records? If so which ones and how can others access this information?

2007-04-06 22:23:21 · 6 answers · asked by setexamplez 1

2007-04-06 19:18:53 · 3 answers · asked by crgcarroll 5

To stop encouraging single-parent and broken families, should the government only offer child-tax credits to adult husbands and wives who are both the parents of the child/children claimed on the return?

2007-04-06 19:15:01 · 8 answers · asked by Anonymous

so it was a 2000 check, im claming no dependents, and i do not own a home, how much should they have pulled out of the check, they pulled out so much this time i just wanna see how it works, thanks in advance. :)

2007-04-06 19:08:15 · 4 answers · asked by jm 3

2007-04-06 18:56:22 · 5 answers · asked by Anonymous

With regards to income tax what is an under payment penalty?

2007-04-06 18:32:43 · 3 answers · asked by lousakapolite 2

what happens if you make a certain amount of money for the year and then you add up your expenses and it comes out to be way higher than what you made?

2007-04-06 18:28:11 · 3 answers · asked by ~_~ 2

I am a supervisor for a large construction company. I build communication towers and spend much of the year in a hotel room. I use the computer for sending work pictures, turning in time,receiving e-mails on jobs, etc. Also I was wondering if I could get a credit or deduction for paying for my fiancee's tuition for beauty school. It was a little over $400.

2007-04-06 18:19:01 · 5 answers · asked by Anonymous

I am in my first year as an LLC and I just closed a huge contract. My income from the contract will be about $450,000, while my expenses were about $250,000. I will have residual and normal income of about $8,000 per month after this closes.

I want to take out as much money as possible to pay off personal debt that I incurred while I was "out of work" and building the business. I also want to pay off other personal debt as well.

Therefore, I want to pay myself as much money as possible, but pay as little taxes as possible (of course). I primarily want to avoid social security and medicare tax. I understand I can't avoid the income tax. My wife helps me in my business, and I have two kids (both under the age of 10).

I have heard that if I pay myself the money as a distribution, then I don't have to pay SS and medicare taxes - but my distribution amount should not exceed my salary.

What is the best way to distribute this income and pay the least amount of taxes?

Thank

2007-04-06 15:53:02 · 4 answers · asked by Tony D 2

Or does it not matter when it comes to tax time? The other option would be to donate personally through my personal accounts.

2007-04-06 15:40:19 · 4 answers · asked by Anonymous

I'm 20 years old, and I'm a college student. I have no clue if I should itemize my deductions or not. Also, I've received a few forms from my school telling me how much I have paid for tuition and the sort, where do I imput these amounts?

2007-04-06 15:05:32 · 6 answers · asked by FBF 2

these 3 people are qualify for head of household

2007-04-06 14:58:03 · 3 answers · asked by YY 1

dr from ms wrote out rx very medically neccssary for 57 year old to have a pool built she has seizures and cannot drive so this is her phsyical therapy the pool is 4 ft and 5 ft on each side and

2007-04-06 14:53:10 · 5 answers · asked by susan c 1

I fell in tax bracket of X last year and my salary is same today. But I have short term capital gains to file this year. So is the tax bracket X still apply for both my salary and capital gains or does it change based on the total of (salary + capital gains) amount?

2007-04-06 13:55:55 · 2 answers · asked by MTERA 1

2007-04-06 12:53:54 · 3 answers · asked by Debora G 1

2007-04-06 12:28:40 · 2 answers · asked by MeanGene 1