I worked as a part time nanny for the first half of this year, but I stupidly accepted being paid under the table. How do I pay taxes now? [more inside]
For pretty terrible (and irrelevant) reasons, I haven't filed my taxes in (I think) 5 years. Now I really really need to do them, but I don't know how to start and I get panicky just thinking about the insurmountable piles of paperwork, potential money owing, and even criminal charges. I'm in QC, Canada. If anyone else has dealt with late filing or voluntary disclosure in Quebec, please help! [more inside]
I have a part-time freelance thing that I do, in California. At what point do I need to get more formal about incorporating and such? [more inside]
After speaking with my stepmom and dad, they and their accountant said that I should be claiming my mom, sister and nieces as dependents. He has been their accountant for a while, but I don't know him and know whether I should trust what he says. [more inside]
I moved abroad and continued my employment remotely, with the support of my employer. Now my employer said they're paying more payroll taxes and it's a bit of a problem. But I don't understand why, since my residency status hasn't changed. [more inside]
I recently had to pay a heavy early termination fee from a gym membership in New Jersey of $99.99. I noticed they charged my card $106.99. When I called the gym they said that the $7.00 is for New Jersey sales tax. I was wondering if this is legal for the business (not sure if this differs by state). More specifically - is it standard for a business to charge sales tax on a penalty fee that relates to a service?
I own several rental properties in Columbus Ohio and I plan on expanding. My current CPA does not have much experience with real estate investors and is also slow in getting back to me when I have questions. How can I go about finding a CPA who is well versed in real estate, responds quickly to my questions? Thanks
So, I'm trying to pay the filing fees online that I never got around to. The personal tax account I made, my business tax ID number is attached to as well, HOWEVER, it's not indicating that I owe anything. I looked everywhere on the site menu to see how I can pay and it says I owe nothing (I owe a lot, even with no sales). Tax man is after me and I don't know what to do, please help! I'm in NY.
A few years ago, a friend was staying with me for an extended period of time. Although he has residency over here in the UK, he is still a US citizen and 'temporarily' used my address for bank statements etc. How do I get the IRS to stop sending his letters to my house? [more inside]
Past-aurynn left me in a a situation where I need to file back taxes in Canada, and I'd like professional support in order to get this sorted correctly. Wrinkle: I'm now a Canadian expat living in New Zealand. Does anyone have good recommendations for Alberta-knowledgable tax accountants, who are responsive to email, that could help me out?
I just purchased some home automation items from Belkin and was surprised they charged me sales tax when they have no physical location in the state of Vermont. They won't reimburse me without proof from me that Vermont doesn't charge sales tax for such transactions. [more inside]
For reasons I won't get into, I stopped making my house payment in May, 2013. I never resumed. In June, 2015, I was finally able to sell my home, as the market had suddenly improved, and rapidly. This was a month ahead of the foreclosure auction. I don't know why the lender took so long, because I wasn't working with them at all. [more inside]
How do I choose a tax attorney? [more inside]
My lawyer is unwilling to email me an appeal they have written for me. They say I can review it in their office, but as policy they do not email 'work product' to clients. This is frustrating to me because I feel I can better understand the documents if I read them at home, rather than being put on the spot in a meeting. Is this normal? [more inside]
How do (Canadian) taxes work for non-resident citizens, if they work for a short time in Canada? [more inside]
TaxFilter: I need help with figuring out some tax stuff as an American who will working abroad, self employed. I have already read all the relevant IRS stuff so I need more than just links to Pub 54 etc. Naděje mi, prosím! [more inside]
If every corporation/business had to pay a fixed percentage of its gross revenue as a tax, what effects would there be on prices and the economy at large? [more inside]
The IRS made a mistake hugely in my favor. Yay! But I called them! Now what? [more inside]
I live in Seattle. If I buy a Mac in Canada, can I get the sales tax refunded? Also, does this even make sense with the exchange rate? Does Apple just raise their prices in Canada? [more inside]
I am a non-resident Briton who has built up a substantial amount of savings while working abroad. This money was earned from employment in foreign countries and was taxed in those countries. Are there any tax implications if I transfer some or all of this money from my offshore bank account into my UK bank account? Is there a limit to how much I can transfer into my UK account? From what I have read so far, this answer is "no" and "no", however I am nervous about tax and would appreciate some reassurance...
If some fees you pay are tax-deductible does that mean the gov't gives you all the money back at the end of the year? Or only a part of the money back? How can you tell how much you will get back at the end?
What are the advantages and disadvantages of setting up a partnership as opposed to sole trading? (UK Tax Filter) [more inside]
In three cells in a single column in Microsoft Excel, I'd like to be able to input a number in the bottom cell, have the middle cell calculate what a 6% sales tax on the figure below it is, and provide the amount before that 6% tax in the top cell. Any help will be appreciated. The last math class I took was 44 years ago and I didn't pay much attention in that one.
In light of the recent earthquakes, I am looking for the best and easiest way to setup a page that accepts donations for a small, local, Nepali nonprofit. [more inside]
I was homeless for part of the year last year. I'm filing late (with deferral, sorry I didn't bring this up on Askmefi when it would be more pertinent) because I just now got all the proper info together. Is there anything I should know about filing US taxes for a year in which I was occasionally homeless and/or unemployed?
I've having trouble understanding this chart, which was included in this article by Vox. It says that the US government's cost/net revenue is 0.66. Does this mean the US spends 62.5 cents for every dollar it takes in? [more inside]
TaxFilter day continues! In 2014 my mother-in-law made my wife a cosigner on her German bank account. The account is substantial (over €100,000 but under €150,000) and, of course, we need to fill out FinCEN 114 and IRS 8398. The instructions for IRS 8398 only cover "joint" account holders in the context of marriage. How do we approach this? [more inside]
We donated a service provided by a third party (i.e. "not us") to a deduction-qualified church. The service has a clearly established price of $150. We didn't pay for the service, because the right to the service was given to us in compensation for the provider botching another instance of the service. Can we claim a deduction on our US federal taxes for the normal price of the service? [more inside]
$40,000 was deposited in my bank account last week, and it's not mine. I've figured out that it was tax money owed to my old employer (from 2013) but they never claimed it so the tax office waited until now and forwarded it to me. What do I do now? [more inside]
My father passed away in 2014 (in TX, if it matters). I am the only heir and my mother pre-deceased him. My father's estate includes the house he lived in. It was fully paid off. There was a court ruling (Dec '14) affirming that I am to inherit his property and that I am the executor of the estate. Do I now own the house? Or is it technically owned by the estate until the (non-mortgage) debts are all finalized? [more inside]
The city says they will remove the negative report upon payment. Should I also contest it from my side with the credit agencies? [more inside]
You are not an accountant or not my accountant, and I take full responsibility for verifying any information that you provide me. [more inside]
I need an accountant in L.A., preferably somewhere between downtown and Mid-City. [more inside]
Simply stated- TurboTax is a scummy company with a checkered past that always makes me feel weird using it. Surely there has to be a spritely, young up and comer in the tax game? My taxes are pretty simple- I have a few 1099s, perilously little income and student loans out the wazoo. Nothing too weird. What else is out there?
How do I find someone I can trust to get US tax advice? [more inside]
Most of the part-year stuff on Turbotax seems to assume a clean break - that you lived in one state, worked there, then moved and established a residence in a new state. But we moved, established a residence in a new state, and then while there, still had work income from the first state. How the hell do we show this on tax returns? [more inside]
Is an RRSP loan worth it? [more inside]
I have a taxes and graduate school-related question for you all! Obviously, you are not my tax advisor, but can you shed some light on a very strange situation and suggest whether or not it's worth seeking professional help? [more inside]
My official residency last year was in GA with my mother, but I paid for my fiance's food, rent, and all living cost throughout the year. She is a resident of AL and the all utilities plus her apartment lease is in her name even though I paid for everything. [more inside]
I would very much like to buy some things for my business which does yet technically exist. How does that work? Business owners of metafilter, pleas help me! [more inside]
I live in Seattle and travel to Oregon (Portland area) several times per year. What strategies can I use to best take advantage of the fact that the state has zero sales tax? Sure, I can just buy stuff when I'm there, but can I buy items online and ship them to an Oregon address? Or does that trigger sales tax in the originating state? [more inside]
I went up to my deductible in my health insurance plan - So I had a $4,500 total bill. However, I'm on a repayment plan with the hospital. If I have was billed this amount during 2014, but am still repaying it, is this amount considered "out of pocket expenses"? If I only include the portion that I paid under the repayment plan, I don't qualify for the deduction (yet I'm still paying the big silly amount so it feels like I should.)
I know that if you plan well with accountants, you can reduce your tax profile. At what income bracket do you actually get enough advantage from doing this and finding all the weird corner hidden deductions to well cover the expense of hiring the accountant in the first place? [more inside]
Are there any laws or regulations in Alberta, Canada, that would supersede a county-imposed pre-authorized-only payment scheme? [more inside]
I'm completely lost. I have always suffered from depressive episodes (never discussed it with anyone) and now things have come to a head. I am in my early thirties. I don't know how to carry on. [more inside]
I've been working in France for the past year and am leaving permanently in one week. I've been churning through all the various administrative tasks but I'm a bit confused about tax. I know that this year I will need to pay my taxes for 2014. The question is, do I need to inform the government that I am leaving, or do I need do anything else before I leave? How do I organise paying my taxes from Australia? [more inside]
Guten Tag Ask MeFi! I need to fill in at least one tax return, for 2013-2014, and possibly also for 2014-2015, here in Germany. It is all about income earned here in Germany. What is (was) the deadline(s)? [more inside]
If I contribute $2500 to a Flexible Spending Account (FSA) in 2015, and end up spending only $2000 of it on health costs -- what happens to the other $500?
I just received an email from the company through whom I contract, claiming that they had paid me twice for a recent week. Obviously they now want that money back; however, they are asking for the full amount I was paid, NOT the amount I received after taxes. I am assuming I am on the hook for the whole [cursing] thing, but can someone tell me how this works? [more inside]
If I have to pay back a signing bonus because I didn't stay at the job for a full year, is there any way to recover the taxes I paid on the signing bonus? [more inside]