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United States - December 2007

[Selected]: All categories Business & Finance Taxes United States

There could be other ways to pay for community services. Goods and sales taxes, income taxes, welcome taxes, fuel taxes, pay-per-use fees etc.

I think it's just wrong that somebody who owns his house doesn't really own it and still has to pay to live in it.

There has got to be a solution to protect property rights.

What do you think ?

2007-12-17 01:49:27 · 14 answers · asked by Anonymous

Can you claim money earned from self-employment, such as babysitting, or is this non-taxable income?

2007-12-17 01:22:40 · 9 answers · asked by flonightengale 2

why does the taxes on cigarettes import in Wisconsin are so high? what is going on?

2007-12-17 00:45:37 · 3 answers · asked by cheap cigarettes 2

2007-12-16 21:58:49 · 12 answers · asked by Wesley H 1

also when you go to H@R block @ get the rapid refund wich do you get your loan from State or federal

2007-12-16 20:30:04 · 2 answers · asked by dg 2

I'm self employed and I am taking some business expenses, where do I put my internet connection? Do I put it on form 8829 under UTILITIES and bunch it with my electricity cost?

2007-12-16 19:32:23 · 5 answers · asked by George G 1

2007-12-16 19:13:53 · 8 answers · asked by Anonymous

My husband and i are seperated (since August) he lives in Michigan and i'm in SC how can we file a joint return?

2007-12-16 17:48:47 · 3 answers · asked by sisters 4 1

I owe taxes from 3 previous years and I am on a payment plan with the IRS, if we file this year (I just got married in October of '07) as married joint, will the IRS then take out of our refund together, what I still owe them when I was single/filed previously?

2007-12-16 17:41:46 · 8 answers · asked by SmartazzU 2

I need to know the earliest date i can file a 2007 tax return. I am self employed and do my own taxes.

2007-12-16 17:35:48 · 7 answers · asked by sisters 4 1

One house I am living in, the other I am renting out. #1 Can the intrest be deducted on your taxes on both houses. #2 does the rent have to be recorded as income on your taxes.

2007-12-16 17:34:21 · 4 answers · asked by rocky 2

I moved over 1500 miles this year,for a job. my parents helped me with the move, we drove to my new home, and they they took the plane back. do i get the tax deduction for the costs of driving and air fair?

2007-12-16 17:14:52 · 3 answers · asked by clugolf 1

I have not filed taxes for last year (no income), and i think i also have another year maybe 3-4 years ago which i didn't file taxes.

I would like to "catch up" as i am about to start a business and dont want this over my head.

1) for the year that i didn't file taxes a few years back, i dont have any of my forms, in fact, i dont recall where i was working. Can the IRS get me information on my income for that year so i can file taxes ?

2) for last year which i made no income - am i in trouble?

2007-12-16 16:51:06 · 3 answers · asked by ? 4

Oh that is right, because they have no idea whether someone is working, until that person comes forth, to file for a form on income tax. Isn't it prepostrous how some people don't even bother to file for income taxes? The IRS has no way of knowing that people are earning money, and not even paying taxes. I think the law should be changed. What do you think on this issue? I can't help, but become angry just contemplating on this situation.

2007-12-16 15:26:32 · 7 answers · asked by Anonymous

I have a single-shareholder LLC under subchapter S.
In my spare time I get a little bit of work translating legal documents (English-Finnish, English-German). For 2007 it probably looks like $ 6,843.79 of gross receipts. I would declare as "wages" $ 1,640.32, or about 4.2:1 receipts:wages.

My questions:
1) is that a decent ratio of receipts:wages, or could a person potentially be able to get sth better?
2) "compensation of officers": if I am the sole shareholder of the LLC with S corp. tax treatment, could I give myself a small compensation as officer w/o having to figure it in as "wages"? $200? more?

Thanks much!

2007-12-16 15:20:07 · 5 answers · asked by Ilmari_Karjalainen 3

2007-12-16 15:01:25 · 9 answers · asked by Nick 4

Where does the greatest amount of IRS Tax revenue come from? I've heard that >50% of the tax revenue comes from the top 5% income earners? Anyone have a link they can pass on to me?

2007-12-16 14:29:18 · 1 answers · asked by Johnson23 1

I already have a judgement against this person for 12k

2007-12-16 14:26:48 · 5 answers · asked by ED B 1

Will it be any problem on their social security benifits or their medicare?

2007-12-16 14:21:19 · 3 answers · asked by niknamm 2

I was told to start a LLC in Wyoming, because you don't have to pay taxes there. But if my business is operating in Washington state, wouldn't I have to pay Washinton state taxes on any income I made there? Therefore defeating the point of starting a LLC in Wyomingto avoid paying taxes. Shouldn't I just start the LLC in Washington?

2007-12-16 13:44:57 · 2 answers · asked by Anonymous

if my son is only going to be 11 weeks can i still claim him? the 501 irs publication says they must live with you for 6 months out of year. does this apply to newborns?????? or just children from single homes?

2007-12-16 12:26:40 · 5 answers · asked by Anonymous

They are getting Social Security benifits and have Medicare? Will those benifits be effected, if I do so?

2007-12-16 11:53:21 · 4 answers · asked by niknamm 2

me and my fiance are not sure about if we should both claim our son. or does just one of us claim him? I am little confused. if only one claims him, who should claim him...the one who makes the most or least?

2007-12-16 11:43:31 · 5 answers · asked by Anonymous

Do I need to make a certain amount in order to file? I didn't work much and I would probably only get 20 bucks back. Any advice?

2007-12-16 09:53:22 · 6 answers · asked by Taco Man 4

I heard from a coworker that they saw a 60 min. episode that claims any US tax payer can take any and only one major tax deduction in a lifetime.. is this true..?

2007-12-16 09:18:45 · 6 answers · asked by cinnful4u 1

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