United States - August 2007

I watched the movie “Zeitgeist” I found it really “interesting” and “amusing” but there was one part of the move that takes place at 1h 22min 55sec into the movie that really surprised me. I have no idea if its true or not so please if you have time watch that segment of the movie.

The movie says that no Law exists that requires you to pay this tax. is this true? If so why in hell do so people pay the income tax? In the movie they interview two IRS agents who claim they haven’t file a tax return in years without any consequences to them.

I haven’t started working so I haven’t had the opportunity to pay taxes yet. If all this **** turned out to be true it will make my day it (and maybe yours too).

2007-08-01 05:39:00 · 8 answers · asked by Anonymous

2007-08-01 05:28:55 · 4 answers · asked by cjmay9 2

They are a hourly paid employee with our company and will be earning around $25,000/yr when working 40 hrs a week.

2007-08-01 05:07:54 · 3 answers · asked by Andy B 1

I've been thinking of selling a few things on sites like etsy.com and ebay.com. Not just one or two things here and there, but like keeping a store open. Now, I know that if your income exceeds a certain amount your are supposed to mark that as income on your taxes. How do I find out how much this is, and what to do if I reach past that point? I don't think I will, but I want to make sure I am understand every possibility before I take my first step.

Thanks in advance!

2007-08-01 04:58:12 · 3 answers · asked by Banshee Fay 2

The rollover IRA came from a lump sum private pension.

2007-08-01 04:48:12 · 3 answers · asked by boobalajeff 1

IRS is hitting my paycheck hard. I can't even afford to buy my daughter school clothes, much less supplies, so it's only obvious that I don't have the retainer fee to hire a rep. Any advice on handling this problem myself? Every bit of info I found on the net, comes with a high price tag. How do I end this? The garnishments are causing much hardship for my family and the IRS don't seem to place too much importance on the fact that I'm trying to raise my daughter. Why should she have to suffer for my mistakes? I'm trying to handle this in a responsible manner, however I seem to be going nowhere. Could someone point me in the right direction? Any advice would be greatly appreciated.

2007-08-01 03:56:40 · 7 answers · asked by antiqueruby2000 2

I just got married recently. It is just me and my wife. What should i claim on my paycheck so that I am best suited down the road. Also what should she claim. Thanks.

2007-08-01 03:30:50 · 6 answers · asked by biged140 2

This is the first year he will be required to wear uniforms. I want to know if I can list this as a miscellaneous expense (must exceed 2.5% AGI) or if its an educational expense.

2007-08-01 02:37:12 · 6 answers · asked by mochachreme 3

I just started a job where i have to pay my own taxes, where is the best place to go to have them filed and also, do i have to go in more than once a year? How much should i set aside for each paycheck for taxes? are there any breaks for people who work for themselves?

2007-08-01 02:24:59 · 4 answers · asked by MakeAmyUp! 4

I got a letter in the mail from the IRS stating that I owed $10k from my 2005 tax return (with interest and penalties). Turns out that there was a reporting error from my bank which caused this problem. Apparently, I had some stocks that the bank sold in favor of more favorable stocks, but the purchase of the new stocks was never reporeted by my bank. So, in a nutshell, I was supposed to have paid taxes on the full amount of the sale - not the cost basis.

I contacted my bank and they are able to furnish the documents to me to fight this rediculous bill. So, back to my original question: How do I fight the interest and penalties??

Thank you from the bottom of my wallet! :)

2007-08-01 02:00:28 · 8 answers · asked by Paul 6