My employer gives out bonuses as separate checks, which are taxed separately. Why? [more inside]
AlcoholPricingFilter: Search engines are failing me. I'd like to know more about how prices are determined for various bottles of alcohol across the USA. Published data, liquor taxes, and math... fun! [more inside]
John Doe has a check for about $450 from the Minnesota Dept of Revenue that is a state tax refund for 2004. The check is made payable to John Doe AND Jane Doe, with Jane Doe being John's ex-wife. John and Jane Doe no longer have a joint checking account nor are they on friendly speaking terms. [more inside]
My friend and I were having a discussion over acceptable marginal tax rates. I'm wondering where I would look to quickly find out how much of my income I would have to pay in state and federal taxes at different income levels. Is there a quick (online) way to figure this out? Exclude complications like stocks, marriage, other tax breaks, etc. If you want a specific salary, how much would I have to pay in taxes on a $100,000 salary? Thanks!
Tax Filter: If you are not required to file your taxes, and you file an extension, do you have to file your taxes? Other tax questions inside [more inside]
Canadian tax question: After six years of university (undergrad and an M.Phil), I am about to start working. Will I need to pay taxes on income that I use immediately to pay off student loans? [more inside]
Last year, I used H&R Block's web site to file my taxes. At the time, I was working on a PC laptop. Now, I'm using Mac, and none of the h&r tax filing apps are rendering properly. I tried using Firefox, Safari, Explorer, and Opera to no avail. Are there any 'free file Companies' on the web for Mac-Users?
Why is my 'effective tax rate' listed on my return much lower than the amount of taxes I actually paid?
I am a sole proprieter in CA and hiring my wife as an employee. I am having a lot of trouble figuring out the process. I know that the CA EDD is the state agency, and the IRS is the federal agency that we use to make this happen- but neither place states very clearly what to do to tell them that I am hiring her. [more inside]
What will my free degree cost me, and how can I make it pay? [more inside]
How can I find the amount of interest I paid on my student loans in 2006? [more inside]
My mom is a commissioned retail salesperson for Gucci. Because she gets $13k/yr. in alimony, she always owes when she does her taxes. If she itemizes this year, what could she deduct? [more inside]
UK Tax question: How long do you have to be resident in a house for it to be your residence, for the purposes of capital gains tax? [more inside]
LLC, S-corp or continue as a sole proprietor? [more inside]
My employer has not given me my W-2. I've contacted the IRS, and gotten a substitute form that I have to fill out myself, but since I was never given paystubs, (tax information was usually written on the paycheck itself, and, being silly.lazy, I didn't photocopy my checks,) I have to guess at the amount I owe. I'm also concerned about filing for Arizona income tax, but when I called them they said I don't need a W-2, which dosen't make much sense. I've gotten the run-around from my employer (the company owner,) with her blaming the accountant. I want my W-2, but I also think they deserve some sort of punishment/sanction for this. What can I do?
Tax planning advice for the self employed. The web is full of articles, the bookstores are full of guides. But there is so much "get rich quick" and "pay zero taxes" crap out there that I am not sure where to go for good, solid tax planning advice. [more inside]
How to do a quick and dirty estimate of self-employment tax? [more inside]
Are there any US citizens here who have lived abroad but did freelance or contract work for clients in the States who can share their experiences? I am a US citizen living in Australia as a Permanent Resident since 2001. I have just gotten some freelance work from the States and need to figure out who I need to talk to on which shores to figure out the details. [more inside]
I have been freelancing as TV producer for one company for over 6 months now working on various projects. The boss thinks he needs me to stand down for a few weeks to keep my independent contractor status. All of the IRS info I have found is vague on the point of continuous employment. How long will I have to stand down (aka take the vacation I want to take) before I can return to this company? And legally how long is too long to be a contactor for one company (when does the IRS question contractor vs. employee)?
In the eyes of Mr. US Gov'ment, who am I, with non-citizen parents? [more inside]
Help me find a good real estate agent in Los Angeles (the Valley). [more inside]
How do I find a gay financial planner who is in Manhattan, has inheritance, tax, and foreign country experience, and speaks Spanish?
How do I find a gay financial planner who is in (or accessible to) Manhattan (NYC), has inheritance, tax, and foreign country experience, and speaks Spanish? [more inside]
Can anyone recommend a CPA to tackle my (individual) taxes located in Corvallis Oregon? [more inside]
I'm an aspiring filmmaker, is the new camera I just bought tax deductible? [more inside]
How do I remedy over-contributions to 401k plans? Of course there is more.... [more inside]
Can anyone recommend a tax preparer in NYC that is good with home business/self-employed contractors?
Why do companies incorporate in DE, and have we done something incorrect by doing so when our primary place of business is NY? [more inside]
It's tax time, and it shows. My question is about moving expenses: Can I deduct them for a move from CA to NY, even though I kept the same job and am now telecommuting? [more inside]
Yet another tax question, sorry. We're confused about our tax situation this year. Details: we were married last June, so this is our first time filing together. We make almost equivalant salaries (48,000 and 54,000), sold ~14,000 in mutual funds this year, invested ~900 in one 401k, and paid about 2400 in student loan interest. We don't own a home. One of us claimed 1 exemption, the other claimed 2. (more inside) [more inside]
TaxFilter: My wife and I have drastically different incomes. She made about $45K this year and I only made about $15K, mostly from freelance gigs, so no taxes were paid. Should we file jointly or married but filing separately? [more inside]
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]
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]
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]
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]
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]
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]
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?
Freelance artist seeks accountant in Toronto. [more inside]
Tax preparer in the Seattle area? [more inside]
1. Is there free tax preparation software? 2. If not why? when so many people have to file taxes every year.
Estate gift or sales transaction? Need advice... I have a small condo which my daughter lives in ..... [more inside]
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]
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]
I've got $20,000 coming to me, and this may possibly be a bad thing. Mature Bonds vs. Charity filter... [more inside]
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]
What are the tax consequences (benefits and/or detriments) to a business when a customer refuses to pay. Hey look, theres [more inside]
I've got a mortgage and withholding question. [more inside]
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]
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.
What happens if I don't make an estimated tax payment on December 15th? [more inside]