Canadian finance minister, Jim Flaherty, is set to announce our government's plans to stimulate the economy. That plan is rumoured to contain some major tax cuts. Help me understand why every policy, in good times and bad, always calls for tax cuts.
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posted by Vindaloo
on Jan 12, 2009 -
18 answers
I need recommendations for consumer tax preparation software, other than TurboTax.
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posted by elfgirl
on Jan 10, 2009 -
6 answers
Building a website for a charity in Australia. Can I get any tax deductions from this? Does it make a difference if I charge them or if I do it for free?
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posted by Eastgate
on Jan 9, 2009 -
11 answers
Please recommend a local tax preparer in the SF Bay area (San Jose preferred). I have a fairly straightforward situation: single, 401(K), charity donations that need to be itemized and some interest income from a money market account.
posted by JDC8
on Jan 5, 2009 -
9 answers
Does anyone have a recommendation for a good CPA in the east bay (San Francisco) area. We don't know many locals who don't use turbo-tax and have a complicated year's worth of taxes.
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posted by NGnerd
on Dec 30, 2008 -
6 answers
I'm living in Melbourne, Australia, and I have a whole lot of unwanted clothing (some unworn or barely worn) that I want to donate to an op shop. Am I able to get any tax deduction for this?
posted by Eastgate
on Dec 25, 2008 -
1 answer
My partner and I need to pay off some debt, and unfortunately we need to dip into our retirement funds. Our tax accountant is on vacation and we can't find the answer to our question. We have two sources–either sell some stock or cash out a couple of short-term IRA CDs. Which is the lesser of two evils?
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posted by al_fresco
on Dec 13, 2008 -
11 answers
[Tax/Stock Filter:] Employee Stock Purchase Plan advice especially in re: taxation
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posted by jckll
on Dec 11, 2008 -
5 answers
blogging as a business and taxes - it can't be so difficult! Or can it?
The Plan - spouse and I want to start a travel blog (we love to travel and are *good* at it!) as a business. You know, run some google ads, make a little money. Actually, if we make enough to cover our travel, we'll be happy (until the eventual greed kicks in). Soooo... if we're going to make more than $600 here in America, the IRS is going to want it's share. But two can play at that game! We want to take all the deductions we can (home office, website costs and, of course, our travel). It will just be the two of us, no employees. But therein lies the confusion...
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posted by catcatwomanman
on Dec 8, 2008 -
15 answers
We're probably having a quick before-end-of-financial-year Wedding in California. What are some marriage tax / credit / legal / other benefits? Disadvantages? Actions to take before marriage to maximize our stability and security?
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posted by lalochezia
on Dec 8, 2008 -
4 answers
If you had a very strong incentive to invest money before the end of the year with a 30-year outlook, and a further strong incentive to not adjust your investment strategy over that timeframe unless absolutely necessary, what kind of portfolio would you assemble?
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posted by anonymous
on Dec 5, 2008 -
15 answers
Is it legal for AT&T to charge sales tax on the un-discounted price of a new phone (versus the actual purchase price)? Why?
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posted by FuzzyVerde
on Dec 5, 2008 -
18 answers
I am trying to figure out how to invest money for retirement and otherwise. I am in my late 20s, earn $55,000 annually, have no debt, and about $90,000 in savings. I am currently putting 5% of my salary into a 403(b) which is the maximum amount my employer will match.
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posted by anonymous
on Dec 2, 2008 -
11 answers
What is the difference between a Master of Business License and a LLC in Washington State? Which one would be more appropriate for a freelance artist/product designer/jeweler to have? I need to have a Tax ID number for my business, is that the same as a UBI number?
Thanks!
posted by bdoop21
on Dec 1, 2008 -
5 answers
How much should I put in my medical Flexible Spending Account for next year?
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posted by grouse
on Nov 24, 2008 -
6 answers
How do I file an out of state sale that I made online. I know that I do not charge tax to out of state customers but is there a exemption form that I need to fill out or somewhere I can get more information on this process. I run a company in Connecticut and we have been making more and more out of state sales and I need to figure out how to go about the exemption process. Thank you for your help.
posted by CFMartin
on Oct 24, 2008 -
3 answers
With all the bickering over taxes in the election campaign, I'm trying to get a broader picture of US income tax history, theories behind past policies, and analysis of how they worked (in idiot friendly language).
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posted by p3t3
on Oct 17, 2008 -
4 answers
Help me understand how to leverage a rental property to purchase another rental property. Plus it involves family and money.
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posted by ninjew
on Oct 16, 2008 -
3 answers
How do changes to the tax rates correlate with changes to the Gross Domestic Product (GDP), and how are those changes forecasted?
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posted by brandnew
on Oct 14, 2008 -
4 answers
I did my Australian taxes late. I'm now being charged a general interest charge on a $7.5k Higher Education Debt that didn't exist at the time. Is there anything I can do?
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posted by bingoes
on Oct 12, 2008 -
3 answers
Can I get the mortgage tax deduction if a parent transfers their house to me and I begin paying the mortgage without going through an actual sale and real estate agent/commission process?
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posted by KimikoPi
on Oct 4, 2008 -
5 answers
Australian MeFites: have you used an online tax return service and been happy with the results?
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posted by flabdablet
on Sep 28, 2008 -
3 answers
NY iPhone owners: How's the reception in Queens (Astoria/LIC) and what's the bill once all the taxes etc. are included?
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posted by JulianDay
on Sep 27, 2008 -
3 answers
Should I be paying US taxes? I moved to the UK when I was 14 (1991), and have never drawn an income in the United States, don't maintain a credit card, bank account, address, etc. However, I am still a US citizen, as well as a UK resident (soon to become citizen).
A (paranoid and not informed) parent is worried that I'm going to end up in prison for tax evasion. I certainly don't earn enough money that I can afford to be taxed in two countries.
Any information is greatly appreciated.
posted by anonymous
on Sep 8, 2008 -
12 answers
Am I required to charge sales tax for clothing sold from a home-based eBay business out of New York City?
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posted by kmtiszen
on Sep 7, 2008 -
2 answers
Starting a small, part-time, home-based eBay business in New York. What are the implications of registering for a Sale & Use Tax certificate?
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posted by kmtiszen
on Aug 27, 2008 -
1 answer
Can my New York State 501c3 non-profit buy something in New Jersey and avoid paying NJ sales tax?
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posted by slagerst
on Aug 25, 2008 -
1 answer
FinancialOpinionFilter: I qualify for the new
Federal Housing Tax Credit! Yay! But since I have to pay it back it hardly seem useful. Plus there's extra hassle with taxes for the next 15 years. Should I bother claiming it?
posted by GuyZero
on Aug 7, 2008 -
5 answers
Gambling and the IRS: I've been honing my poker skills and I think I'm ready to take my game to the next level: professionally. If I begin making gains at both casinos and online, what is my duty in terms of declarations and bookkeeping while filing my taxes?
posted by Christ, what an asshole
on Aug 5, 2008 -
12 answers
I've never been quite clear on Canadian common-law taxes. I'm wondering if I have to file with my girlfriend, and what the advantages are.
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posted by anonymous
on Aug 4, 2008 -
4 answers
If you have filed for exemption with the IRS for a nonprofit you are starting and your status is pending while they review, I understand that you can still solicit donations and generally when your exemption is granted your exempt status applies retroactively to your date of incorporation. But how are the donor's charitable contributions treated? Can they deduct the tax year they donate or do they have to wait until the tax year in which exemption is granted (if the pending period lasts until a new tax year)? Or is it also retroactive and they would have to amend their previous tax return once the nonprofit gains exempt status?
posted by Falconetti
on Jul 21, 2008 -
8 answers
I'm Canadian. I was lazy, and forgot to file my tax returns for the three previous years. I also lost all of my T4 slips, and some of my work was done for companies that no longer exist. Am I up the creek without a paddle?
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posted by anonymous
on Jul 17, 2008 -
7 answers
What is the best financial/tax situation for us? Kid on way, financial aid eligibility concerns.
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posted by anonymous
on Jul 2, 2008 -
4 answers
I am looking to buy 2 1T drives. I'm doing some final cut work but mostly for media storage. I'm looking at the Western Digital 1 TB My Book Premium Edition II Triple Interface ($236) and the G-Tech Q drive which retail at $445. That's almost twice the price of the western digital.
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posted by captainscared
on Jun 17, 2008 -
9 answers
Any word if the IRS will rate the 2008 mileage rate because of the rapid increase in gas prices?
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posted by GuyZero
on Jun 9, 2008 -
4 answers
How do taxes work for a Canadian citizen producing creative content for an american publication? How about a Canadian providing 'e-training' to an American?
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posted by anonymous
on May 26, 2008 -
6 answers
I need to better understand the proposed tax systems. Mainly the fair tax or sales tax versus an income tax. I am writing a paper for school on the viewpoints of TTARA (The Texas Taxpayers and Research Ass.) and CTJ (citizens for tax justice) but cannot gain a clear idea of what each side is proposing. Obviously the republicans want the fair tax, and since TTARA is business minded, I assume they too seek the fair tax, or at least support it. But what is the Dem idea of fair taxation? Do they want an income tax? What is all this talk on CTJ about income tax cuts? I don’t have the patience to sift through all the material so I'm hoping someone can give me a basic idea of the differing positions on the matter. Mainly answer the question of who wants what and why, and who benefits most from each plan.... Also what about the working poor, do they benefit most from an income tax? Etc. Etc.
posted by madmamasmith
on May 4, 2008 -
17 answers
OzTaxFilter: What's in the tax law to stop me from salary sacrificing a new laptop then immediately flogging it second-hand (but effectively new-in-box) on eBay for a few hundred off retail and a spare grand in my pocket?
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posted by obiwanwasabi
on May 1, 2008 -
18 answers
