United States - July 2007

I need the federal tax ID number for St. Josephs School in Joliet, IL. They are closed for the summer and I cant find it online......

2007-07-02 12:47:14 · 11 answers · asked by brett m 1

I have taken up a job in Memphis, TN where there is no state tax. But the company through which i am working is based in the Chicago, IL where they have state tax. DO i have to pay state tax even though i am living in TN.

2007-07-02 11:59:16 · 2 answers · asked by Razious R 1

2007-07-02 11:58:39 · 3 answers · asked by ShortyD 1

This question actually relates to both parties in this equation.
The borrower walks, the bank writes of the loan as a loss? I imagine then the bank does this to seek some form of tax break for the loss?

The borrower is hit with a charge off or/and foreclosure, and if the bank doesnt recoup what is owed doesnt the balance get reported as a gift or at least have some tax consequences for the borrower?
I am stuck on both sides of this fence right now, I have private investors going belly up due to loans that have not been repaid, and I have borrowers thinking they can just walk because the banks arent exactly giving any sort of leiniancy for having always paid the loan on time. I feel for both sides but they both want answers and I dont have them. I am trying to urge them to go talk to tax advisors.

2007-07-02 11:01:26 · 2 answers · asked by Jacque w 3

would i have to contact the IRS or would i have to contact my previous employer. i did not file at all in 2005, i missplaced my w2's

please help

2007-07-02 10:11:06 · 5 answers · asked by cute L 2

I'm a new 1099 employee. How do I file taxes--quarterly? What's the first step? I'm new to this. I receive a paycheck every week, but since I'm not full-time, my employer doesn't take out any taxes. What do I need to do to report and pay taxes? My husband works full-time, and we've always filed a joint annual return in the past--how does this affect his filing?

2007-07-02 08:58:20 · 8 answers · asked by bodotdot 2

I own a small business in New York City. We are incorporated as an LLC. My partner commutes into the city and wants the company to pay for an apartment in the city for him to stay in during the week. Is this a deductible expense for the business? Is it considered personal income for him?

2007-07-02 08:28:53 · 4 answers · asked by Anonymous

I've been told that I can, but I'm not sure, and I don't want to end up owing the government money. I'm 21, a full time student (though I'm taking next semester off), and making a little under 12,500$ a year before taxes. (if I were to continue the hours I'm doing now). How do I find out if I'm tax exempt or not?

2007-07-02 08:15:27 · 3 answers · asked by Anonymous

I know someone who has said they made more than they did to get a bigger EIC tax refund. This person has an otherwise spotless criminal record, and is a single mom of two kids. She wants to come clean about it, but is afraid of the consequences. She did it to help her family, not just for personal gain.

2007-07-02 07:47:02 · 9 answers · asked by freckles84403 2

Stupid question, I suppose, but I don't know that much about the tax law.

If someone works as an I.C., filing out a W-9, and received a 1099, does one pay into the SS system on his income taxes?

Is it required, or is it optional?

2007-07-02 07:42:38 · 5 answers · asked by chieromancer 6

I have been going to see lots of doctors and therapy for my back. I cannot mow my own lawn and have a lawn svc do it for me was wondering if anyone might know if I am able to write this off on my taxes towards my medical?

2007-07-02 07:04:03 · 4 answers · asked by ??? 2

they said were with american standard financial and there was a processing fee of $359

2007-07-02 07:03:06 · 5 answers · asked by Anonymous

I live check to check, and i only plan to do this to like 4 or 5 checks just so i can have some money saved up, that way I am not broke a week before my next check... so tax time will the money that was not taken out, be taken out of my tax return ???

2007-07-02 06:41:20 · 4 answers · asked by omarortiz99 1

i need my latest tax stubs for some loan info, and i have misplaced them. how do replace them or what can i do?

thanks!

2007-07-02 06:04:33 · 1 answers · asked by Elisheva 4

I have a trading investment account. I need to pull out a certain percent of my earnings into a separate tax account so that I will be ready for Uncle Sam when the time comes. What is the absolute highest that I could possibly be taxed, worst case scenario?

2007-07-02 05:37:44 · 3 answers · asked by marcella-bella 2

I 've been with my company for 4 years now. We have a non arrears (exempt) and arrears (exempt) payclass schedule. Because arrears is always 1 week behind I'm told, I got into this situation:

Working as a supervisor, paycheck on 6/15/07, was $14.65/hour but EXEMPT, $1010.00 (usual semi monthly amount)

Effective 6/25/07 I was NON-EXEMPT and began punching the clock again for my new position as a patient account specialist.

Paycheck received on 6/29/07 was for $466.00 (half of the usual semi-monthly amount) as I only got paid for 5 days and am now back in the arrears pay group.

I understand the difference between exempt and non-exempt, what I don't understand is how I only got paid 5 days because of where the effective date of my new pay class, the payroll dates and everything falls. Can you take a look at this and explain to me like a dummy?

Thanks.

2007-07-02 05:27:27 · 2 answers · asked by Anonymous

if I am making $2583 per month...I get paid b-weekly which means before taxes I make $1291.50 every two weeks. How much in taxes is going to be taken out of each of my checks?

2007-07-02 05:02:43 · 5 answers · asked by stakekawa 3

Should there a different tax on commissions than that of a regular hourly paycheck?

2007-07-02 02:17:13 · 5 answers · asked by lb_kj 3

I want to earn Socialy security credits, Hence want to run a payroll anually. I pay estimated tax. Can I run my own annual payroll? I want to run it manually. No s/w please. If I know the Medicare, SS, FUTA tax percentage guidelines, Can I do it myself? pls explain with an example. Assume my gross salary is $4000. Can you break it down and let me know my net Income. Thanks in advance

2007-07-02 02:11:06 · 3 answers · asked by nmd 1

i understand that you are allowed to claim only as much in loses as you have declared in winnings, how do you prove the loses?

2007-07-02 01:16:50 · 3 answers · asked by jerry s 1

I have U.S. green card.(living in Michigan)
I'm about to earn $100 check from Google.
I'm just wondering about how much tax I have to pay.
And what if I say I'm a foreign publisher so that I don't pay tax.(I just wonder)
in the end, how do I pay the tax.

2007-07-01 21:39:18 · 2 answers · asked by Anonymous

does he have to pay taxes on the money collected and given to him we are in Illinois if that makes a difference thank you in advanced for your anwsers

2007-07-01 19:57:28 · 4 answers · asked by youhoo it's me 4

like soccer vids and i will be selling them

2007-07-01 18:20:11 · 3 answers · asked by bob b 1

Origianl question: http://answers.yahoo.com/question/index?...

I received three answers to that question which disagree. I think that is because I did not state my question clearly. Here is a better effort: I own a house which I rent out. The renter wants to buy it. He has his financing in place waiting to write me a check for the total amount. I found another house to buy to replace this rental with, which I will also rent out. I have the cash to pay for it. Can I do this transaction myself, and do a 1031 tax deferred exchange legally without hiring an intermediary, or am I forced by law to hire the intermediary?

2007-07-01 16:40:34 · 3 answers · asked by hiker 2

2007-07-01 16:16:39 · 3 answers · asked by Bearwithme 7

I have a corporation I don't use but I would like to use it to get a credit card. If I am not using the corporation so I assume I wont need to pay taxes, but could I get a credit card using the EIN and not worry about any consequences.

2007-07-01 15:26:43 · 3 answers · asked by itsmetibbs 2

I'm 19 and am working part-time starting this week. I will make about $161.25 per week, and if I continue to work every week until the end of 2007, I'll make about $4,677 if I overestimate to be safe. This is also my first job, and I'll be a full-time student come Fall. I have no summer school this summer. I want to know if I can check the exempt from tax withholding box, or whether to put 0 or 1 in personal allowances. I've been reading a lot of answers from this site about this, but I'm still confused to it all. I guess I have to start somewhere.

2007-07-01 15:06:24 · 6 answers · asked by Anonymous

I dont have any software. I want to do it manually.Need help with the same. I dont want to use an accountant becasue of the fees they charge.

2007-07-01 14:59:14 · 3 answers · asked by nmd 1

I bought a house last year. It just occured to me that could I have claimed all (or portion) of my closing cost in '06 tax filing? If so, is there any way I can redo it?

2007-07-01 14:54:47 · 3 answers · asked by Olu 1

I currently own a house with another person. We're not married so I was curious of how that would work for tax purposes. Can only one of us write off the interest on the house or can both of us since we're not married?

2007-07-01 13:52:37 · 4 answers · asked by shaboykin01 1