59 posts tagged with taxes and money.
Displaying 1 through 50 of 59. Subscribe:

I sold my house. Yay! Now what?

Yay! I finally sold my house and have the check from the title company in hand. I made money on the sale of the house, but I have a few questions about how to maintain my investment. For tax purposes, does this qualify as "income"? Will I be assessed a Capital Gains Tax? Is a money market the best place to keep the cash from the sale? Please help a money noob... [more inside]
posted by chatelaine on Oct 14, 2014 - 15 answers

Is an accountant obligated to report unreported income to the IRS?

Is an accountant obligated to report unreported income to the IRS, if the conversation is not pertaining to the completion of my tax return? [more inside]
posted by anonymous on Apr 3, 2014 - 4 answers

YANMTA. You are not my tax accountant.

Am I saving enough for taxes from my second job? I live in the US and have no state income taxes. My main job is W2. I make around $56k and usually end up close to even on my Fed return. I now have a second job that's 1099. I get paid $150 a week and set aside $50. Is this probably enough for Fed (income/SS) taxes?
posted by 1066 on Mar 7, 2014 - 5 answers

Where should I put my Oregon Political Contribution Credit?

I'm a relatively new transplant to Oregon, so I didn't find out about the Oregon Political Contribution Credit until last April. And then I promptly forgot about it until I heard a fairly annoying ad on the radio reminding people today is the last day to make a contribution. Should I donate my 50 bucks to any particular cause? [more inside]
posted by pwnguin on Dec 31, 2013 - 3 answers

How to get money back from the IRS?

I estimated and sent money I thought I owed in taxes to the IRS when I filed for an extension on my 2012 taxes. I finally just did my taxes and I actually got a refund instead. How do I get the money I sent the IRS in April back now? [more inside]
posted by xtine on Sep 21, 2013 - 6 answers

What's the best way to catch up on 3 years of tax returns?

There's nothing nefarious about this, I got too caught up in work. What's the best way to catch up on a few years of tax returns? [more inside]
posted by Snell's Constant on Jun 23, 2013 - 12 answers

What kind of financial advisor do we need?

As we discuss our future together, and with other big changes afoot/underway, my boyfriend and I would like to see financial advice about some specific questions/scenarios but I'm not sure what kind of advisor we should be seeking out. [more inside]
posted by marylynn on Jun 8, 2013 - 3 answers

Receipts required if you are audited?

As an S-corp, am I legally obligated to present receipts or copies of receipts in the event of an audit? [more inside]
posted by JJkiss on May 17, 2013 - 12 answers

Financial benefits of marriage.

The (unromantic) case for marriage. [more inside]
posted by hellameangirl on Apr 2, 2013 - 46 answers

What's the best place to live on a low budget given a life-consuming job in Manhattan near Madison Square Park? And how low can I go both before and after unintelligible-but-critically-important-tax-stuff?

What's the best place to live on a low budget given a life-consuming job in Manhattan near Madison Square Park? And how low can I go both before and after unintelligible-but-critically-important-tax-stuff? [more inside]
posted by ch3cooh on Jan 6, 2013 - 21 answers

Financial Adult

Although I'm a highly educated woman in my late thirties, when it comes to money I'm basically a fourth grader. Tell me how you managed to be a financial grown up. [more inside]
posted by anonymous on Oct 17, 2012 - 22 answers

I'm pretty sure the Bluth family is a terrible role model here

I'm inheriting $100,000. My parents are inheriting a lot more (around $1mil, but we're not sure the exact amount). Please give us advice. We're in the US (New Mexico). [more inside]
posted by Harry Potter and the Puppet of Sock on Jan 30, 2012 - 26 answers

Financial confusion, help please!

Should we file taxes separately or jointly? Pay off a chunk of student loans now or pray for forgiveness? Help me identify the interaction of these questions. I'm not good with money! Details inside. [more inside]
posted by powerbumpkin on Jan 4, 2012 - 15 answers

The wind fell. Now what?

I got a large bonus this year which will probably never be repeated. After taxes, it was 26K. I don't have any immediate needs (no medical issues, etc), and I know next to nothing about investing. Given this economy, what should I do with it? Stocks? Bonds? Saving account? IRA? [more inside]
posted by anonymous on Jan 3, 2012 - 19 answers

USA Tax question: American Expat beginning investor

How do taxes work on investments in mutual funds? I am a novice at investing. American citizen working overseas and building a portfolio finally. I've established my emergency savings and am heading into taxable investments. Unfortunately, I am unable to contribute to my Roth IRA or contribute to a traditional IRA while claiming FEIE (Foreign Earned Income Exemption) with the IRS. I'm looking into investing in Vanguard's VWINX fund. How would US taxes work on these investments?
posted by thatgirl1985 on Dec 9, 2011 - 4 answers

Does the tax man keep your money if you overpay?

If you pay estimated taxes and then end up not owing those taxes, do you get them back? [more inside]
posted by doomtop on Dec 9, 2011 - 7 answers

Will I need to pay taxes on this inheritance?

Will I need to pay taxes on this inheritance? [more inside]
posted by miskatonic on Sep 26, 2011 - 8 answers

Will I get caught? (AMT a bitch for ISO's in private company)

Will I get caught if I don’t report the purchase of my PRIVATE COMPANY ISO’s? (AMT is a bitch!) [more inside]
posted by sharingideas on Apr 9, 2011 - 9 answers

Is there a website showing tax payments by public companies?

Is there a website showing tax payments by public companies? [more inside]
posted by doowod on Apr 2, 2011 - 5 answers

Why do I owe $400 in state taxes?

StateTaxFilter: Last year I owed the state $3. This year I seem to owe the state over $400. Could this be an error, and, if not, why do I owe so much? [more inside]
posted by fignewton on Jan 11, 2011 - 7 answers

I do not speak finance.

You are not my accountant, but maybe you can answer my 401k/tax question, in EXTREME LAYMAN'S TERMS. [more inside]
posted by two lights above the sea on Dec 10, 2010 - 10 answers

How do I write off my mileage?

Can I write off the extra driving I do for my job? If so, how do I go about doing this? [more inside]
posted by rossination on Oct 20, 2010 - 6 answers

Paying to learn a tough lesson

How do I go about proving an uncollectible debt? [more inside]
posted by rileyray3000 on Sep 24, 2010 - 6 answers

Help My Accounting Duh

In double-entry bookkeeping, are taxes a liability or an expense? [more inside]
posted by swift on Aug 30, 2010 - 8 answers

Needed: Post-Summertime Eligible Dependent Care Expense Ideas

YNMA, obviously... wife and I overestimated our dependent care expenses this year...by a lot. I have to come up with valid expenses, for the remainder of 2010, that we can occur to cover 3K remaining in our account. Any ideas? We did the camp thing this summer, but ended up not signing up for a few of them from our original budget. Our son is in kindergarten at a private school, so we're past the time we can pay for tuition out of this account. PLEASE HELP!!!! Thanks mefite nation!!!
posted by littleredwagon on Aug 30, 2010 - 14 answers

Taxes on living stipends paid by graduate schools...

TaxFilter: I'm a Canadian who began a Ph.D at an American university. Tuition was waved and I received a living stipend of about $17,000 (paid monthly). This is pretty typical for graduate programs across Canada and the US. [more inside]
posted by kitcat on Aug 18, 2010 - 12 answers

What should I know about taxes as a salaried, traveling consultant?

How do I claim taxes working as a salaried IT consultant? I have a client in another state that I travel to on a weekly basis. [more inside]
posted by jwfree on Jun 2, 2010 - 2 answers

Do tax refund checks expire?

I just found my US tax refund check that was mailed to me in 2009, and never deposited. Last year, I filed my taxes on time, was mailed a refund, lost the check and never followed up. If I take this to my bank, will they let me deposit it? If not, what's the next step? (Anonymous because I'm ashamed of being so disorganized and so bad with money. I'm working on it.)
posted by anonymous on May 29, 2010 - 11 answers

Wanted, tax day lenders

Do lenders make loans to cover property tax bills? [more inside]
posted by anonymous on Apr 23, 2010 - 9 answers

How do I minimize the taxes on money I'm inheriting?

Suppose I were soon to receive a check for approximately $20,000. Also suppose that this represents a portion of my share of an inheritance from a relative and that additional monies will be forthcoming and, though I don't know exactly how much, that'll probably be on the order of $50,000 or so. What are the tax implications of this for me? What could I do to minimize the taxes I pay on this money? (I'm in the U.S.) YANAAccountant or MAccountant.
posted by Wisco72 on Feb 8, 2010 - 11 answers

Roth IRA but will not be working anymore??

Can I keep my Roth IRA if I'm not working anymore? [more inside]
posted by lynnie-the-pooh on Feb 7, 2010 - 5 answers

Death is free

It's tax time and I screwed up, what are my options? [more inside]
posted by pakoothefakoo on Jan 26, 2010 - 12 answers

Need help figuring how much to put aside...

I need to know a rough estimate of how much I should take out in taxes. Theres no withholding with my checks because the temp agency is whack like that. But I need to know how much to take out for tax season? I live in NY, but don't live in the city. So far I earned with this agency... 7466.55. The end of the year it will be $9000 earned. Can anyone help?
posted by InterestedInKnowing on Nov 23, 2009 - 12 answers

How to invest $30k for 3 months?

What are some good low risk ways to invest $30k for about a 3 month period? [more inside]
posted by trbrts on Nov 4, 2009 - 8 answers

What address to put on returns for filing taxes for two states?

Last year I lived and worked in two different states (RI and CA) I worked two jobs in RI and then got another temp job in CA and moved out there in the fall. So I am using TaxCut to file my returns (yes I know its cutting it close) but I am confused when it asks for the "Employee's address" under the W-2 section; what do I put? Do I put my address where I used to live for those jobs back in RI or my current one in CA? I still consider myself a RI resident and will be moving out of CA in two weeks back to New England.
posted by Rustbeard on Apr 7, 2009 - 4 answers

Self-employment tax help for out-of-state web work

Self-employment tax help for out-of-state web work [more inside]
posted by anonymous on Feb 24, 2009 - 9 answers

What kind of records do most sole proprietors, freelancers and consultants keep?

What sort of state of organization are the financial records of most sole proprietorships in? [more inside]
posted by anonymous on Feb 17, 2009 - 5 answers

Help me get a great accountant in the UK (pref Manchester), who understands on-line businesses.

Help me get a great accountant in the UK (pref Manchester), who understands on-line businesses. [more inside]
posted by Andorinha on Dec 29, 2008 - 2 answers

I swear, I am not this stupid.

I'm in over my head, and I just need a system that will help me do some very, very simple accounting. [more inside]
posted by Medieval Maven on Nov 15, 2008 - 5 answers

US income tax history and theory for dummies?

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). [more inside]
posted by p3t3 on Oct 17, 2008 - 4 answers

Cheaters never win.

I cheated on my taxes twice. I got caught once. Will I get caught again? [more inside]
posted by anonymous on Sep 5, 2008 - 12 answers

Is It Smart To Have My Foreign Employer Pay Me In Their Country?

Being a 21st Century kind of guy I find myself now doing long-term work for a few companies overseas (India and the U.K.). I would like to be able to open a bank account in each country and just get the money I need via ATM. I'm thinking that since the dollar sucks it would probably be better financially for me long term. Is this a smart move? How hard is it for citizen of the US open a bank account in a foreign country? Do I have to report that income? And if so will I end up getting taxed twice?
posted by chartreuse on Sep 4, 2008 - 17 answers

I could've used the money for beer back in those days.

Found an old W-2 from the chaotic grad school years (2000) that I never filed taxes on. Is it still possible? Looks like I'm owed money. [more inside]
posted by Any Moose In a Storm on Jul 16, 2008 - 5 answers

What is the best financial/tax situation for a family with a kid on the way?

What is the best financial/tax situation for us? Kid on way, financial aid eligibility concerns. [more inside]
posted by anonymous on Jul 2, 2008 - 4 answers

How to report tax info I don't have?

What date acquired and cost basis should I put for two items reported on a 1099-B, when there are several unknowns? [more inside]
posted by daisyace on Apr 10, 2008 - 8 answers

Deductions for Bi-Coastal Business

I’m a writer who is spending more and more time in Los Angeles for work. I live in Florida, and am a Florida resident. My question is this: If I rent a place in LA, because I am spending roughly half of my time there, what deductions can I take advantage of? [more inside]
posted by vVCHAZVv on Mar 27, 2008 - 1 answer

Accountips

Can anyone recommend a good, affordable accountant in the New York City area? I am establishing a freelance business and will need to estimate taxes, think about eventual incorporation, etc.
posted by pinto on Sep 6, 2007 - 5 answers

canned cat food or sushi?

So I will be making x dollars gross in Ontario, that translates to... [more inside]
posted by the dief on May 18, 2007 - 4 answers

HSA's = tax-free retirement account?

Health Savings Accounts (HSA's) ... Can they be used as just another tax-free retirement account after you max out your Roth IRA? [more inside]
posted by MrBCID on May 16, 2007 - 6 answers

Tax planning advice for the self employed.

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]
posted by Nothing on Mar 26, 2007 - 5 answers

Page: 1 2