okay I was working prevailing wage construction on military housing on oahu. I found myself taxed all the way down to 1100 per week from a high of 1856.00 before taxes. I was stunned by this. i though i could file paperwork with the company to pay the taxes quarterly myself and be able to use the tools i bought for myself as a huge tax write off and therefore be able to mitigate this huge amount being taken out. It really does not pay to make good money they just take it away. Any suggestions on this.
2006-11-25 17:51:15 · 6 answers · asked by miller4000 2 in Arts & Humanities ➔ History
Vote Republican, guess what, your taxes are about to be higher.
2006-11-25 18:05:20 · answer #1 · answered by mk_matson 4 · 0⤊ 1⤋
Taxes is the controversy that created this country. But lo and behold "Will it go round in Circles?" Yes sir! Now the first thing is to go to a tax consultant. And not H&R Block. Find an independent person that is licensed and well schooled on the tax sheltering subjects. That does not mean a cheater. There are probably things you missed out on by not knowing the ins and outs. This would be the best advice possible in your situation. And by the way more power to you and good luck.
2006-11-26 02:05:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you make under 2000 a month you won't owe any federal income tax (or at least not that much). It's likely all Social Security, etc., which you can't get around.
2006-11-26 02:21:39 · answer #3 · answered by Jack 4 · 0⤊ 0⤋
no taxation without representation.lol.
2006-11-26 02:00:50 · answer #4 · answered by *~Love?~* 3 · 1⤊ 1⤋
yep don't report all of your income
2006-11-26 01:53:44 · answer #5 · answered by The gr8t alien 5 · 1⤊ 1⤋
yeah i have a few.
but they are secrets
2006-11-26 01:55:14 · answer #6 · answered by Anonymous · 0⤊ 2⤋