United States - October 2007

i thought is was 28%, but my recently received bonus amount did not reflect 28%

2007-10-25 03:42:41 · 2 answers · asked by Confused 2

2007-10-25 03:15:30 · 3 answers · asked by natasha c 1

Someone told me that due to a very significant tax collection for the 06 year the US treasury department and the IRS have been instructed to refund 70% of the tax surplus to taxpayers before the next spring season. the average refund will be between $3000-6500 for married and $1500-3250 for single persons.

someone told me Bush said this during a radio address.
is this true?

2007-10-25 03:00:53 · 9 answers · asked by ABC 3

2007-10-25 02:29:00 · 2 answers · asked by FRANKIE J 1

I thought one of the benefits of being deployed to Iraq was that your income wasn't taxed. But I've been looking at my husband's pay slips and while the state isn't taxing him... the federal government is taxing him. Is this right?

2007-10-25 02:17:25 · 4 answers · asked by SC82 3

paying state taxes when you move

2007-10-25 02:03:54 · 4 answers · asked by lallige 1

2007-10-25 01:54:10 · 4 answers · asked by Moe 1

2007-10-25 01:11:28 · 6 answers · asked by GeNiToR 2

i was supposed to get a $303.00 bonus from work. it went on my reg paycheck and the total reflects I only got about $222.00 in bonus. Are bonuses subject to the same deductions as regular pay? The put it on my reg weekly paycheck, should they have given me a seperate check for just the bonus? Would they still have taken out taxes ? bee deducted

2007-10-24 22:49:50 · 10 answers · asked by Anonymous

The business would be run as an LLC and there are three partners.

2007-10-24 19:58:34 · 5 answers · asked by kevin s 6

how do i file my taxes if i worked in to different states this year do i file a return for each state and 1 federal return? im only 16 and i moved out w/o a legal guardian so i don't think either job was legal. however both jobs did take money out for taxes. its actually a lot of money im dealing with so i have to know.

2007-10-24 19:35:19 · 6 answers · asked by Jed 1

I make about $41,000 at one job and $8,000 at another job. I just bought a home and I estimate I'll be paying about $17,000 in interest this year. How much should i claim so that I can maximize how much i take home a month without having to pay at the end of the year? I am single with no kids. Estimated annual property tax would be about $800. Income tax rate is about 8%. No other contributing factors except for 4% going into my 401k. Hope that is enough info to answer my question.

2007-10-24 18:48:12 · 5 answers · asked by chingbra 2

I prefer retiring later, because I enjoy working and think it is good for us to work.

2007-10-24 16:56:10 · 9 answers · asked by don1862 4

I filed an ammended return for '05 and '06 totaling $4,000 how long should it take to get it back. My son starts his synagis shot next week and I could really use the money.

2007-10-24 16:48:58 · 5 answers · asked by in COGNITO * 4

A combined £600,000 IHT threshold for husband and wife or civil partners was already possible by effective tax planning.
There is no tax change there, only a punishment to those who paid for complex wills to be drawn up, which excluded me.
It seems to me that IHT is a regressive tax, rigourously collected, at a time when relatives are still grieving.
Surely, it is more civilised to levy and collect taxes from the living, allowing the more responsible, who prefer to save and provide for their offspring rather spend the kid's inheritance, the opportunity to do so. The tax uptake can be the same, but the latter option is inately more progressive.
Further, many individuals feel discriminated against by the existing IHT regulations. What about single people?
What about the increasing numbers of couples who decide to co-habit, and choose not to marry? What about individuals who were married and are now divorced? What about couples currently married who subsequently divorce?

2007-10-24 16:24:06 · 7 answers · asked by Stephenson1 1

I live in Illinois, single, baby on the way in Feb, and a car I bought to get back and forth from work, 8 miles each way. Im claiming 1 (myself). I estimate my earning total for 07 will be about 43,000. Federal tax about 5,500 and state 1,000. What should i get back?

2007-10-24 16:18:13 · 2 answers · asked by Jason B 1

I live in Illinois, single, baby on the way in Feb, and a car I bought to get back and forth from work, 8 miles each way. Im claiming 1 (myself). I estimate my earning total for 07 will be about 43,000. State tax about 5,500 and state 1,000. What should i get back?

2007-10-24 16:16:59 · 6 answers · asked by Jason B 1

2007-10-24 15:31:38 · 2 answers · asked by Mark L 2

2007-10-24 15:10:32 · 2 answers · asked by Luda R 1

Please put it in simple terms!

2007-10-24 14:39:55 · 3 answers · asked by DAWG94 3

Do you need to pay taxes on money made donating semen / sperm?

Also i think ive heard that there is actually an incentive to deduct taxes if you donate, is at all true?

2007-10-24 14:13:42 · 4 answers · asked by Jabbles 1

i have had my tax papers for the past years is it ok if i throw them or am gonna need them later. is it possible that they gonna ask for them

2007-10-24 14:08:54 · 5 answers · asked by Anonymous

If I request copies of my joint tax returns from my husband, who I am seperated from, is he required to give them to me? He is also the tax preparer who did them. The tax prep office belongs to his Father, he is employed by his Dad.

2007-10-24 14:06:27 · 4 answers · asked by tootsyfrootsy 2

I live in Massachusetts, USA. I'm gonna be working at the US Postal Service. I'm gonna be getting a starting salary of 13.75/per hour. How much would I be making after tax if I'm making $550 a week not including tax? How much will they take out? I think I would be making somewhere between 18-20gs not counting tax. So I just want to know if I'm making $550 a week without tax deductible, How much will I really be making a week if they take out tax from it? Thanks to all in advance.

2007-10-24 11:42:37 · 4 answers · asked by Criss86 1

2007-10-24 11:10:03 · 3 answers · asked by Anonymous

Essentially, what taxes is one forced to pay in order to fund the Department of Education?

2007-10-24 11:07:46 · 2 answers · asked by kevster1020 2

Im 16, self employed, will be making about 8k by the end of the year,
i am a dependant of my parents,
Will i have to file taxes? Will i have to pay anything, i thought that if you make less than 8k in one year they dont tax you. What am i gonna have to pay? If they do tax me will they tax me as if i were in my parents tax bracket?

2007-10-24 11:00:55 · 3 answers · asked by Anonymous

how do I calculate the sales tax for $21,500 with a 7.25 rate? thanks

2007-10-24 10:52:26 · 5 answers · asked by gabsters 3

for tax purpose

2007-10-24 10:30:54 · 4 answers · asked by Anonymous

I don't charge my customers for sales tax (easier for them to accept fixed prices),so I give them round packages (e.g. $800) and I invoice them for 850.40 (package + sales tax), then, I give them a credit against the "sales discount" G/L account for the 50.40, that way I account for the sales tax, but eat it out of my pocket.
I noticed that my acctn. software puts the "sales discount" credit as an income G/L account. It does come off the balance, but I am not sure I am screwing up my income statement. I don';t really understand how a sales discount acct. can be considered income.
Am I doing the right thing? or is there a better way to pay sales tax, and still give round price packages?
Is sales discount the right account to post to, to offset the sales tax so I can pay it instead of the customer?
This probably sounds too confusing, but I really need help. Any accounting guru out there?
Thanks!!!!

2007-10-24 10:13:35 · 3 answers · asked by veryintrigued 2