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A TAXing Question

H&R Block sells kinda pricey tax preparation software and for an extra $15 bucks, or so, you can file online using that software. Or, you can go to the IRS website and grab a link that allows you to prepare AND FILE your taxes for FREE -- using H&R Block's website. This makes no sense to me. Why on earth would they do that??? [more inside]
posted by RavinDave on Jan 27, 2007 - 10 answers

Does it make sense to (and what are the tax implications) of converting IRA funds into a Roth IRA account?

Does it make sense to (and what are the tax implications) of converting IRA funds into a Roth IRA account? [more inside]
posted by mintchip on Jan 25, 2007 - 12 answers

Health insurance and taxes

How do I "incorporate under my business" for the purpose of deducting health care costs from my income as a self-employed person? [more inside]
posted by bad grammar on Jan 24, 2007 - 7 answers

are my business expenditures deductible?

How can I tell whether or not the expenses incurred by my new LLC, which I'm filing taxes for as a partnership and which is operating at a loss this year, can be claimed by the members as deductible business expenses? [more inside]
posted by lgyre on Jan 23, 2007 - 7 answers

Fisher Price 401K

No-nonsense 401k - I just wanted to get one up and running to take advantage of employer matching. So what does the following mean...? [more inside]
posted by The_Partridge_Family on Jan 18, 2007 - 12 answers

How can I prepare for tax fallout from my grant?

I am an American working overseas for a year on a grant. It is my primary source of income, and there is no tax withheld from the grant. I am looking for advice on the best way to prepare for the tax situation I will face. [more inside]
posted by jeffmshaw on Jan 18, 2007 - 5 answers

income tax question for waiters: Is tip share tax deductible?

waiter income tax question. Its common practice for waiters to "tip out" a certain portion of their money every shift to support persons. This might not seem like much, but for career waiters, this means an extra $2000+ Is this a deductible employee expense in the eyes of John Q. Tax?
posted by donmayo on Jan 17, 2007 - 9 answers

Tax accountant in Toronto?

Freelance artist seeks accountant in Toronto. [more inside]
posted by Robot Johnny on Jan 3, 2007 - 7 answers

Tax preparer near Seattle

Tax preparer in the Seattle area? [more inside]
posted by The corpse in the library on Dec 30, 2006 - 2 answers

Free tax preparation software??

1. Is there free tax preparation software? 2. If not why? when so many people have to file taxes every year.
posted by antisocialiting on Dec 29, 2006 - 16 answers

Estate gift or sales transaction?

Estate gift or sales transaction? Need advice... I have a small condo which my daughter lives in ..... [more inside]
posted by teapot on Dec 10, 2006 - 4 answers

How can I cheapen my already cheap MacBook upgrade?

Tax Free Shopping in NYC. I'm visiting New York for ten days starting Boxing Day (woo!), and I'm wondering if it's a good time to sell my black MacBook here (in the UK) and pick up a 15" MacBook Pro in the Big Apple. [more inside]
posted by armoured-ant on Dec 4, 2006 - 21 answers

$/mile as a work-related expense. IRS reimbursement?

You are an employee of a non-profit organization. You drive a lot. Your non-profit organization re-imburses you 13c per mile--no it's not a lot, but we all must suffer for the cause. But something you hear bothers you. [more inside]
posted by lockse on Dec 1, 2006 - 12 answers

Could I screw myself with my own money?

I've got $20,000 coming to me, and this may possibly be a bad thing. Mature Bonds vs. Charity filter... [more inside]
posted by josingsinthehall on Nov 28, 2006 - 9 answers

Taxing a reinvesting business

Can I start a LLC (or similar) who's only business is to manage investments and reinvest any gains? What are the tax implications? [more inside]
posted by blueplasticfish on Nov 28, 2006 - 13 answers

good riddence to a bad client.

What are the tax consequences (benefits and/or detriments) to a business when a customer refuses to pay. Hey look, theres [more inside]
posted by sandra_s on Nov 17, 2006 - 15 answers

Exactly what will I get after messing with my withholding?

I've got a mortgage and withholding question. [more inside]
posted by COBRA! on Nov 8, 2006 - 9 answers

No lawyer jokes, please...

What should I be asking and looking for while meeting with potential corporate lawyers and tax people? What should I expect from them during these meetings? [more inside]
posted by NotMyselfRightNow on Nov 6, 2006 - 2 answers

Is Income Tax Illegal in the USA?

Is there a law requiring you to pay Income Tax? I saw this video over at youtube, from The FreedomtoFacisim.com website. They say that Income tax is illegal and there are no laws. They even mention that the 16th admendment isn't valid via the supreme court. Ok, are these guys wackos? IRS has guns, so they make the rules, thats all I know.
posted by IronWolve on Nov 5, 2006 - 30 answers

Next time, I'm getting paid in donuts

What happens if I don't make an estimated tax payment on December 15th? [more inside]
posted by snickerdoodle on Oct 30, 2006 - 12 answers

Are Interstate Car Sales a Feasible, Good and Legal Idea?

A new car costs, say, $16,000. A state's sales tax is, say, 8.5%. That would add an additional tax of $1,360. Which is about the price of a nice new laptop. Is there a way to do this interstate over the internet to avoid the extra tax? [more inside]
posted by felix on Oct 26, 2006 - 21 answers

The mystery of the tax credit

How do tax credits work? My husband and I both bought Priuses early this year (well before the 60,000 mark), and we get tax credits of $3,150 for each car. Which is awesome, but... [more inside]
posted by Lyn Never on Oct 20, 2006 - 9 answers

How can I get the money?

British Inheritance Tax question: help me foil a dying man's wishes. [more inside]
posted by greytape on Sep 24, 2006 - 8 answers

A Taxing Question

UK: I've thought of a way to earn a little pocket money. Will the taxman be bothered? [more inside]
posted by popcassady on Sep 23, 2006 - 4 answers

Vancouver accountants?

Possibly a longshot : can anyone recommend an accountant in Vancouver? [more inside]
posted by stavrosthewonderchicken on Sep 14, 2006 - 5 answers

Taxation consequences for an expatriate investor?

My friend is a USA citizen permanently residing in Australia. What are the taxation consequences of choosing to invest a windfall in the USA rather than Australia? [more inside]
posted by Joe in Australia on Sep 4, 2006 - 4 answers

finding a cheap

tax-audit-filter: how can i find a reliable and inexpensive tax representative in the washington d.c. area, for help with a surprise audit? of course there's [more inside]
posted by garfy3 on Sep 4, 2006 - 1 answer

How to deal with the IRS?

Help me with my scary tax problem. [more inside]
posted by anonymous on Sep 4, 2006 - 12 answers

Simple tax question (?) on backup withholding

I'm new at this whole taxes thing and have a question about backup withholding and w9 forms. [more inside]
posted by null terminated on Sep 3, 2006 - 8 answers

Importing booze to the UK

What happens if you order alcohol from one EU country (Italy) to be delivered to another EU country (the UK)? [more inside]
posted by twine42 on Aug 30, 2006 - 6 answers

How do I unlock a locked-in RRSP?

I have a locked-in RRSP (well, at the moment a DCPP) in Ontario, Canada. Please please please help me unlock it! [more inside]
posted by loquax on Aug 14, 2006 - 7 answers

I want my $.23 back

TaxFilter: i just bought a sandwich and a bottled drink at the deli, and they rang up the sales tax on the total. isn't the drink considered a grocery? i thought they could only charge tax on food they prepare. [more inside]
posted by cgs on Aug 8, 2006 - 9 answers

How do you prove you used IRA money for home purchase?

Tax laws allow you to withdraw money penalty-free from your IRA up to $10,000 if you use it towards a first-time home purchase. We just got the check -- my question is, how do we prove later on that we did use the money for the house?
posted by boognish on Aug 4, 2006 - 14 answers

Investing beyond an IRA

How can I invest more than $4000 per year toward my retirement without annually paying taxes on the gains? [more inside]
posted by letitrain on Jun 29, 2006 - 16 answers

Am I screwed?

TaxFilter: Will this unusual withholding situation get me into trouble? [more inside]
posted by equalpants on Jun 29, 2006 - 4 answers

What if my boss isn't paying his payroll tax?

I don't think my boss is paying his payroll taxes... should I be concerned? [more inside]
posted by risk on Jun 17, 2006 - 25 answers

Tax refund at airport

Tax payable on a laptop bought in NYC but carried back to Europe? [more inside]
posted by johoney on Jun 7, 2006 - 7 answers

PAC Financial Statements?

Political Action Committee (and 501C) financial statements: where can I find them, hopefully online w/o paper requests? (Googling gives me a myriad of the not-so-helpful.)
posted by Shane on May 2, 2006 - 3 answers

Money for Nothing

If this "GOP energy package" is passed by congress, and I get a "hundred dollar gas tax holiday rebate check", where should I spend my new $100? [more inside]
posted by billtron on Apr 30, 2006 - 22 answers

How can I be forced to pay income tax to two states?

I live in New York and recently started a new job in New Jersey. On my first pay stub, I noticed that I'm paying a state income tax for both NY and NJ (and the tax for new jersey is actually $30 more than the NY tax). How can I be forced to pay income tax to two different states when I only live in one? This seems unjust.
posted by zembla3 on Apr 30, 2006 - 5 answers

How to figure cost basis for foreign insurance policy that was traded in?

[tax filter] I cashed in a UK endowment policy in 2005. I was paying GBP X per month from Sep 1989 until Apr 2005, and then sold the policy for GBP Y. What is the cost basis for US tax purposes? [more inside] [more inside]
posted by blue_wardrobe on Apr 18, 2006 - 2 answers

Better Late Than Never?

I haven't filed last year's taxes yet because I'd been told Uncle Sam didn't mind you filing late, if he owed you (I'm due a tax return, rather than owing taxes). Now, I want to file an extension on this year's taxes, without having sent in last year's. Will doing this trigger the IRS to send thugs to my house? [more inside]
posted by anonymous on Apr 13, 2006 - 5 answers

Is it acceptable to file your tax with copies of W-2 forms?

Is it acceptable to file your tax with copies of W-2 forms? [more inside]
posted by dy on Apr 13, 2006 - 3 answers

ShamelessFreeTaxAdviceFilter: Stock Option Tax Question (Quarterly Estimated Payments)

Yes, I am going to try and find an accountant to answer this, but I figured I'd also ask the MetaFilter community... I sold some stock options (Incentive Stock Options) last year. Because they are ISOs, my company did not withhold anything, which I anticipated, so I put enough aside to handle my tax bill. So instead of getting a refund, I owe $7k. Not a problem. I entered the info into TurboTax, and it's telling me I need to do quarterly estimated payments. My question is this, because this was a one time hit and my company is already taking enough withholding from my paycheck, do I really need to make quarterly estimated payments?
posted by wisdom-seeker on Apr 13, 2006 - 8 answers

Mortgage TAX

Last Min. Tax Question. Please help [more inside]
posted by curiousleo on Apr 12, 2006 - 7 answers

gift taxes

Must I report gifts on my tax return? I know the giver must pay the gift tax on gifts over $11,000, but do I have to report having recieved it anywhere on my 1040?
posted by saffron on Apr 11, 2006 - 12 answers

Will the Canadian Goverment prepare my taxes for free?

Canadian Income Tax Question: Will the Canada Revenue Agency do my taxes for me? [more inside]
posted by chudmonkey on Apr 8, 2006 - 12 answers

Can collection agencies discover my whereabouts through the IRS?

Can collection agencies discover my whereabouts through my tax filings with the IRS?
posted by anonymous on Apr 6, 2006 - 6 answers

Can I deduct academic software being used non-academically?

If I use my sister's college-student discount to by computer products at a reduced price, but claim them as expenses for my home business, will anyone care? [more inside]
posted by anonymous on Mar 29, 2006 - 18 answers

Why do they make these things so confusing?

Do I have to pay self-employment tax if I also work for someone else? [more inside]
posted by fvox13 on Mar 23, 2006 - 9 answers

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