United States - September 2007

I want to know how much they are going to take from my $516.

2007-09-21 09:54:35 · 8 answers · asked by Cassy 1

It is a beef and beef "Happy Hour" benefit. Should we open a separate bank account for money collected

2007-09-21 09:36:44 · 2 answers · asked by Lisa V 1

Some of the loopholes involved,the ways they write off things,ect

2007-09-21 09:24:12 · 6 answers · asked by Anonymous

Does this differ per state/area?

I'm specifically asking about New York State and the Washington, D.C. areas.

2007-09-21 09:21:59 · 6 answers · asked by lauren_sunyalbany 1

I'm looking to start a computer service business in South Carolina, and I'm on the fence between choosing an LLC vs. a Sole Proprietorship. What would be best from a tax standpoint?

I’ll initially be working for myself but might eventually hire employees.

This business will be my only source of income, and the main expenses will be advertising (~$2,000 - $10,000) and software purchases ($1,000). The business should bring in about $50k gross the first year.

I will initially be working with home computer owners, although I would like to expand to service other businesses once the company has gained a reputation.

If I’m leaving out important details, please ask and I’ll add them.

Thanks!

2007-09-21 08:18:29 · 8 answers · asked by a link to the past 1

I'm single, 29 years old, and will be making $63,000/year. I have been getting a variety of responses from friends and family so I'm getting confused as to what is appropriate. Do I enter "1" for both A and B or just A or just B? (Most people have told me to enter "1" for B only).

A) Enter "1" for yourself if no one else can claim you as a dependent

B) Enter “1” if:
● You are single and have only one job; or
● You are married, have only one job, and your spouse does not work; or B
● Your wages from a second job or your spouse’s wages (or the total of both) are $1,000 or less.

2007-09-21 08:10:10 · 1 answers · asked by luvly 6

Hello. I originally did my 2004 tax return with H&R Block in 2004. I didn't receive notification that for some reason, the return was never finished by H&R Block, and that because of it, I owed the state (CT) money until May of this year. I took it to H&R Block, they gave me an amended copy and I sent it to the state. I got another letter saying the same thing. I took it back to H&R Block, then they called the state, and told me that I would have to send in my W-2's from 2004, and that would resolve it. I went through my company's payroll, and got the W-2's, then sent them in. I still got another letter. I went back to H&R, who scheduled me on a RI holiday, when the offices are closed so they couldn't call the state, and they said to call back. I called and spoke to this guy who said he would have someone call me, and that he would then personally call me, but no one called. I went back to H&R, and they tried to call the state, but no one answered so they said they would call me.......

2007-09-21 07:12:39 · 12 answers · asked by Veridian 2

Someone told me today that we can claim $3200 tax credit b/c we have a disabled child. Is this the same as just claiming medical and depend. care expenses or is this a separate credit. I couldn't find anything I could understand on the IRS site.

2007-09-21 06:20:28 · 6 answers · asked by question33 2

2007-09-21 06:15:31 · 10 answers · asked by Ms. Lady 1

2007-09-21 05:49:52 · 2 answers · asked by Paula G 1

If I advertise for a nonprofit organization by placing a sign on my vehicle, are there tax-deductible benefits? I live in Pennsylvania.

Thanks

2007-09-21 05:39:28 · 2 answers · asked by keepingitvague 1

After filling out my information for financial aid with my school, they caught a mistake I made on my tax forms where I transposed a couple numbers on my income. This resulted in me taking $144 from the IRS. I'm filing a 1040x and going to pay the amount, but I'm worried that the IRS is going to think I was being fradulent and take our EITC away this year. Does anyone have any experience with a problem like this?

2007-09-21 05:20:32 · 5 answers · asked by Anonymous

I am a single adult no dependents, cannot be claimed as a dependent. I do not want to owe taxes at the end of the year.

2007-09-21 04:39:01 · 3 answers · asked by K 3

If this is true, what is the automatice percentage rate increase each year and how can we ever reduce the size of Government?

2007-09-21 04:01:36 · 6 answers · asked by Anonymous

2007-09-21 03:04:40 · 7 answers · asked by phaldo 2

2007-09-21 02:35:56 · 4 answers · asked by marquita f 1

Is the co-payment a medical expense and could be deducted from my income for tax filing?

It is $20 for each visit...

Thanks~

2007-09-21 02:05:08 · 7 answers · asked by jc 1

If Bill Gates never paid taxes what would his net worth be today.

2007-09-21 01:49:25 · 6 answers · asked by Charles G 1

I was refunded more money then I paid out. What do I do??? Am I going to get audited???

2007-09-21 00:40:21 · 5 answers · asked by aeidensmommy 3

is the income tax lawful how im not talking about other taxes
just the income tax and can some one tell me where dose the money go when we pay it

2007-09-20 19:46:14 · 8 answers · asked by darin1701 2

i've been married for about 14yrs and since 1998 (we're seperated) i have been filing taxes on my own, i claim 2dependents he claims 2dependents (we have 4 children). anyways i purchased a home and under TX law he's name had to be included cuz we are still married. He makes more money than i do will it benefit him to claim the house i purchased in our both names. this is my 1st home so i know nothing about paying taxes on a home? FYI i still make payments on the house.

2007-09-20 19:27:38 · 2 answers · asked by *jessica* 2

i was inquiring about a tax credit for low income individuals called EITC

2007-09-20 17:38:37 · 1 answers · asked by lucky362.com 1

And is so what %

Plus what forms will I have to fill out

2007-09-20 17:29:52 · 8 answers · asked by Me 2

2007-09-20 15:33:16 · 1 answers · asked by Anonymous

I need to obtain a copy of my federal tax return quickly. I see that there are several services online that claim that they can retrieve and e-mail the retun to you within 24 hours. Has anybody ever used one of these services? Which one? Did it work?

2007-09-20 15:19:00 · 4 answers · asked by Adam G 2

I live in Ohio and we have a new baby. If we wed before the end of the year will it matter?

2007-09-20 15:16:46 · 6 answers · asked by Anonymous

she is not receiving unemployment but she worked till may.

2007-09-20 15:13:22 · 4 answers · asked by eyesman14 1

My husband has a substancial income from work,rental property,stocks...because of this will i not be able to get my social security since he has a large income...we file jointly

2007-09-20 14:57:30 · 3 answers · asked by Sylvia H 1

I live in New Jersey, and I just got a minimum wage job. How much will be taken out of my paycheck for taxes?

2007-09-20 14:31:00 · 4 answers · asked by Anonymous

2007-09-20 14:15:39 · 3 answers · asked by Jeremy S 1