United States - April 2007

My mother has a cleaning business and was wondering what exactly would the percentage of federal taxes should be withheld from each employee? Thank You!!!

2007-04-24 07:18:47 · 4 answers · asked by luvvleey_l 1

Right now my husband and I live in Germany, but we're trying to get back to the United States. If we stayed until December we would qualify for the the Foreign Income Exclusion. My question is, if we leave early (say July) what would our repurcussions be tax-wise? Thank you.

2007-04-24 07:14:36 · 2 answers · asked by Kristen 2

I work for the City of Philadelphia and I truly find it hard to believe they do not offer the Avacned Earn Income Credit Payment to their employees that make less than what they should. I qualify for this advance payment, I already checked with the IRS.

Please help

2007-04-24 06:12:52 · 3 answers · asked by Kinda S 1

2007-04-24 05:57:02 · 4 answers · asked by tonya v 1

My friend's father died when she was 11 she is know 31 .Her father was in the process of getting his citizenship .He worked and payed his taxes like everyone else .The thing is she doesn't have the same last name as him .

2007-04-24 05:33:35 · 2 answers · asked by nicole 3

2007-04-24 05:21:17 · 4 answers · asked by rio180 1

I sent my taxes by mail one month ago... I want to call somewhere to find out if they received them.Does somebody know a number phone where I can find out about them?

2007-04-24 05:13:33 · 5 answers · asked by mica1969us 1

Where is my return

2007-04-24 05:02:40 · 1 answers · asked by Carol D 1

This is because I did not report my stock trades for year 2005.
I actually had shor term loss. I was a day trader and did not feel like entering 150 transaction into tax file. Now IRS sent me a error report saying that I did not report my sale of stocks.

IRS asks me to confirm the sale of the stocks for year 2005. No purchase information has been asked by IRS. Shoudn't I enter both purchase and sale?

If I just report sale of stocks, will I be paying taxes for those sale? I did not hold any stocks for more then couple months.

Please suggest what should I do.

2007-04-24 04:55:16 · 4 answers · asked by It's me 1

after being paid weekly for over 4 years they have decided now to pay bi-weekly. my question is am i going to see a difference in what i am bringing home?i work 40 regular hrs and about 15 overtime in a week. could i just double what i bring home weekly to figure ut what i will be getting bi-weekly??

2007-04-24 04:28:43 · 8 answers · asked by kelly m 1

I just got my 2006 federal tax return in the mail yesterday, does anyone know when I can expect my 2005 amended tax return? Are they suppose to come at the same time? Should I be worried?

2007-04-24 03:45:50 · 3 answers · asked by Young Chea 1

I don't mean completely... but how can I take advantage of it as an independent contractor? Are there any loop holes?

2007-04-24 03:01:29 · 6 answers · asked by Anonymous

2007-04-24 02:49:30 · 3 answers · asked by Anonymous

I recently purchased a 2.5 bedroom condo in Dec 2006, I just received a letter saying that for thr tax year 2005 I am delinquent for $3225.68 property tax, am I the one supposed to pay that even though I recently acquired the condo? Please I need advice .

2007-04-24 00:49:13 · 4 answers · asked by Maya 1

I know there are different tax rates based on how long you hold onto a stock. Is there a similar rule based on the % change in value? For example, if your stock goes up 10% vs 50%.

2007-04-24 00:06:04 · 3 answers · asked by InvisibleWar 2

If social security is estimated to last until 2041 and medicare until 2019 ( in either case by the time I reach retirement , these funds will be depleted)..why do they continue to take these out of my paycheck? As my parents generation were working, didn't the money they put in go to fund their generations benefits? Why is money taken out of the younger generations benefits if they will not be able to benefit from it;. Couldn't I just take that money and invest it myself? Thanks

2007-04-23 23:01:00 · 7 answers · asked by butterfly234 4

In this movie, a woman owes $500 in taxes on her home. The government therefore confiscates her home, leaving her with no cash and nowhere to sleep except her car.

In reality, if this happened, wouldn't the government take your house, auction it, then take the owed taxes from the proceeds, and then give you the change (in this case thousands of dollars)?

If so, this movie doesn't make a lick of sense.

2007-04-23 22:46:35 · 3 answers · asked by Zowzooma, the Angry Deity 2

because I've heard urban legends (?) to the effect that some people have successfully used this as an excuse for not paying. What is the status of this legend?

2007-04-23 22:37:04 · 8 answers · asked by Zowzooma, the Angry Deity 2

2007-04-23 19:17:48 · 7 answers · asked by Zowzooma, the Angry Deity 2

If I start a business doing something I go to school for, can I deduct all of my college tuition as a business expense or just the interest? I figure I wouldn't be able to start a business without the training so I was thinking that all of my tuition would be a valid expense. However, I don't know all of the tax laws in the U.S.

2007-04-23 19:10:50 · 3 answers · asked by Freddy Finger 3

I'm a new Independent Contractor in CA for an online company, what forms do I need to fill out or can soemone help guide me through what I need to do legally? I've never been self- employed and need help.

2007-04-23 18:12:15 · 3 answers · asked by DaWnY LaNe 1

I will be the only one working between my wife and I. We have two kids one a new born and the other 4 years of age. What should I claim 1-4? Should I claim 2 or 3 now and 4 dependents at the end of the year?

2007-04-23 17:12:18 · 5 answers · asked by sbravens35 2

I work as an intern for my church and only make $1,000 a month. I know very little about taxes, but I have heard that if your income is below a certain amount that there is a way to get a tax return either in part or full. Can anyone verify or help me out with this, thanks.

2007-04-23 16:25:21 · 5 answers · asked by Ryan 2

Did you know that there is no law that is
written that you have to pay Taxes?

Please don't respond until you watch
this video. Your opinion is very important.

http://video.google.com/videoplay?docid=...

2007-04-23 15:50:25 · 8 answers · asked by Shangrala 2

Hey everybody, My father died about two years ago. He didn't have much of anything but we inherited his house which we just sold this house last month. After our expenses (painting the house, real estate fees, power bills) we will each get $10k.

How do taxes on this work? I would think that we'll have to report the money on our 2007 taxes but I want to make sure.

Thanks for your help,
Jim

2007-04-23 15:41:42 · 3 answers · asked by Satellite Guy 3

or do they tax gross?

2007-04-23 15:05:17 · 3 answers · asked by Anonymous

I am currently 18 and attend college. I work for quicktrip in lawrenceville, ga. What is the limit income to not have to file taxes or laws on that. I am currently receiving help from fafsa

2007-04-23 13:54:47 · 7 answers · asked by luips 1

I sure hope not :(

2007-04-23 13:53:53 · 6 answers · asked by T$Money 2

What does a person have to do, when they have lost their federal and state tax refunds . Will they reissue the refund checks?

2007-04-23 13:32:34 · 5 answers · asked by Anonymous

2007-04-23 12:50:50 · 2 answers · asked by &5678 2