United States - June 2007

I assume I need to file some sort of correction for my 2005 taxes to account for this additional interest income from a savings bond. Thanks in advance for any answers.

2007-06-06 04:49:15 · 7 answers · asked by last_goodby 1

For example, if I used a cash advance to
1. buy stocks,
2. invest in bonds/fixed income assets
3. "refi" my personal mortgage
4. buy investment property

or any other situations where credit card interest is tax deductible?

2007-06-06 04:15:55 · 7 answers · asked by tc61380 2

Im buying some pants for 29 bucks. How much tax would that be?

2007-06-06 03:50:08 · 6 answers · asked by Anonymous

I am planning to terminate my employment prior to vesting in a signing bonus and want to know exactly how much I will have to repay. Is it the gross amount of the bonus, or can I repay only the portion that I received and the employer can adjust their federal, state, and FICA withholdings.

2007-06-06 02:56:55 · 6 answers · asked by justinm00 1

We did our taxes and owed the state, but had no money to pay it. We mailed our filled out tax forms before the deadline without money. We received money back from the federal taxes and now want to pay our state taxes. How do I do this? What is the address to mail it to? How do I know it will be applied to 'our tax bill'? Can I go there in person? Where is the office at to pay cash in person?

2007-06-06 02:52:00 · 2 answers · asked by Pinky 2

I just received my first pay check and I noticed some weird mistakes. It says Federal 2 and State 1. I noticed that the State deduction were more than the federal deductions. whats wrong with this picture. I don't even know what two means. This is like my first job.

2007-06-06 02:21:20 · 3 answers · asked by K.S 1

By starting a collection agency business, what kind of taxes may be required?

2007-06-05 21:59:28 · 3 answers · asked by Anonymous

how can i bring cash to us without tax ,if my family send my cash after my travel to us, i should give tax or not? wich bank in us is good for my account and creadit cards?

2007-06-05 19:02:57 · 4 answers · asked by aydin 1

2007-06-05 19:00:52 · 3 answers · asked by trekp61 1

It's a little past due but we're not too worried...my girlfriend needs to file her income tax return and I did a preliminary 1040EZ and she's owed a refund. She lived in NYC during the 2006 work period but moved to NJ in early 2007. She will be filing everything under the old address (in NYC, NY) but can she redirect the Federal/State refund check(s) to her new address which is different from what is on her W2 statement? Does she just use her new address when filling in the Federal & State tax income tax forms?

2007-06-05 17:25:51 · 4 answers · asked by koiboy 6

I am the executor for an estate where the deceadent owed property taxes and federal income taxes. The state of New York took the deed to the real estate associated with the estate while we are making payments to them for what we owe.

My question is that the estate also owes money on back Federal Income Tax. Can the Federal Government take the deed from the state in this instance?

2007-06-05 16:40:14 · 1 answers · asked by fa98 2

My wife and I seperated last May and I wondered if I could claim them? She was not woking and I gave her bill money for the month of June.

2007-06-05 16:02:20 · 10 answers · asked by Kevin T 1

I'm 55, single and am not sure about having taxes taken out before or after my deductions. Right now I'm having taxes taken out before my deductions, believing this is the best way to go so I won't have to pay taxes later. Would i be better off not having the taxes taken out until I retire?

2007-06-05 15:32:46 · 5 answers · asked by black jack 2

what does it mean?

2007-06-05 15:17:30 · 4 answers · asked by Biggi A 3

PayPal donations are very common over the web. Almost every site asks for donations. So, do they declare it? How do you go about it?

2007-06-05 14:52:58 · 4 answers · asked by Anonymous

I get taxed on what I make from work just like everyone else, right? Then, when I choose to invest my money instead of spend it, I get taxed again on my dividends and capital gains. Why are we getting taxed right up our *butts* :) ?! I'm outraged.

2007-06-05 13:55:29 · 5 answers · asked by trancevanbuuren 3

2007-06-05 13:20:14 · 5 answers · asked by Anonymous

If yes, how?

2007-06-05 13:18:27 · 7 answers · asked by Anonymous

I just spoke with H&R Block who always does our taxes cause we got a thing in the mail saying that we owed some money because our child tax credit is wrong from 2005???? I was told by the lady at H&R Block that alot of people are getting things like this from the IRS right now so I was wondering how many other people have got these cause the lady at H&R Block said they were booked up for a while cause of this.

2007-06-05 12:23:26 · 4 answers · asked by Anonymous

I am thinking of selling my second residence in California. I originally put $60,000 down and owe $140,000. It is now worth approx. $400,000.

I realize I have to pay capital gains, and understand the way around it.

My question is, do I have to pay capital gains on the whole $400,000 (or sale price) or just on the profit once I pay off the $140,000?

Thanks

2007-06-05 12:06:04 · 6 answers · asked by clam 1

I use the email feature specifically to check my work Outlook....can this feature which is an extra charge be written off on my taxes?

2007-06-05 11:27:21 · 6 answers · asked by Potato C 1

Yesterday I got a notice from the IRS, It said I made a mistake for 2005, and I still owe $800.00. I have 30 days to pay if I agree with this.

I fully intend to pay this ASAP, But will this be over then, or is there more to come?

Mail from the IRS makes me nervous.

Thanks

2007-06-05 11:14:36 · 5 answers · asked by Anonymous

Need the formula to add the sales tax amount on invoices.

2007-06-05 10:54:28 · 7 answers · asked by raidergirlmissy75 2

When you work two part-time jobs, can you receive income taxes from both jobs?

2007-06-05 10:53:19 · 5 answers · asked by Anonymous

We have a substantial amount of tax debt that is burying us financially...we are making payments but we also need a new car. There is a lien on our home so we are unable to get either a consolidation loan or a loan for the car...we both work and so having two cars is non-negotiable. Does anyone know if it's worth if to file an OIC on our own...or should we hire a tax attorney?

2007-06-05 09:46:43 · 5 answers · asked by Javacat 2

I am non-US citizen and worked almost 6 years in the US on an H1 visa but did not accumulate enough social security points to be eligible for any social security benefits. Does the US - like other countries - pay back contributions in such cases?

2007-06-05 09:35:28 · 5 answers · asked by ibrahim_husseini 1

I am in the process of starting up an LLC for a web-based business. I need to know what state I should form it in. I am a US citizen currently living in NY, and I hope to be able to operate the LLC in either Delaware or Nevada. But my LLC will only have 1 member which will be me. Now I read that a single member LLC is ignored. Here is the statement, "Generally, when an, LLC has only one member, the fact that it is an LLC is ignored or “disregarded” for the purpose of filing a federal tax return. Treasury Regulations Section 301.7701-1,-2,-3" "If you prefer to file as a corporation instead of as a “disregarded entity” Form 8832 must be submitted." http://www.irs.gov/pub/irs-pdf/p3402.pdf

Is this true, and if so would it be best for me to start an S corporation instead.

Also i'm not to clear about Registered agent. Could someone help me shed some light on this, also could someone recommend a good Registered agent. Thanks!

2007-06-05 08:45:16 · 3 answers · asked by Glovez 2

2007-06-05 08:45:09 · 5 answers · asked by rAy 1

Hi does anyone know of a site I can download a template and fill out a payroll check stub. I prefer one I can just key in the numbers by computer and not by hand..not an actual check..just a stub that shows taxes withheld and etc.... I am paying someone working on my home and really need one of these!Thanks!!!!

2007-06-05 07:01:03 · 4 answers · asked by Anonymous

I am about to own my first house in a month or so and I'm paying $156,000 for it. Do I get any extra money in my tax returns for owning a house?

2007-06-05 06:54:55 · 10 answers · asked by Anonymous