 Do you have your pension sorted out? |
I have no idea where to start with pensions but I know it's important! I'm 26 and have joined by company pension but that's about it!
Do you have the your pension sorted ... |
|
 Sales tax question??? |
| I have a service business where I purchase the part and pay my vendor the sales tax when I make the purchase. I then charge my customer flat rate for my service. They do not no what I pay for the ... |
|
 TAX TAX TAX, Road charges TAX TAX TAX, what next, perahps a Donkey train? |
Blair and Brown take your head out of your ar-e and stop thinking you can tax your way out out problems.
We the tax payers and not the benefit scroungers have had enough.
RIOT RI... |
|
 I paid emergency tax in previous job, when left i didn't receive a p60.? |
i have now got another job but because of this i am once again paying emergency tax. i have paid over £1000 in less than 6 months.
What should i do to see if i am entitled to a tax rebate and ... |
|
 I have put 3k into my ISA for the year, and as you know you can only save 3k every tax year. So i was wonderin |
what other types of saving acounts could I open with a high percentage rate and no small print.
All good answers apriciated.
Thank You.... |
|
 My mother has asked me to find out:? |
If she is a widow, is there any way to avoid inheritance tax -are there any tips you can offer?
Note: Please, no offers of consultations from financial advisers!
Many thanks for ... |
|
 When I filled out my 2007 tax return, I forgot to include the info about my student loans. What do I do? |
| When I filled out my tax returns this year, I had not even received the info from my student loans about including it. I totally forgot to even put it in the equation when filling out the turbotax ... |
|
 I am not talking about capitol gains tax I am talking about the property taxes you pay every year for the rest |
| of your life I want to continue paying the current assesed value on my current home after I sell and buy a pre existing home I know you can do this my father-in-law did it a couple years ago he has ... |
|
 Is redeeming bottle deposits of $2,000 at one time considered income? Will I have to file as income? |
| I have over $2,000 worth of empty cans I plan to redeem for 10 cent deposit in MI. Once I turn them into the distribution center, will I be forced to fill out a tax form and claim this as income?... |
|
 My employer went out of business and I haven't got my last check.? |
| I live in Wisconsin and need to know what needs to be done about receiving my last check and how long i should wait to push the subject.She shut down the resturaunt hours after my last shift and i ... |
|
 How much will it cost to file my tax return at H@R Block? |
| Hi, I have 3 short simple forms to file Would any one know an estimate on how much it will cost?... |
|
 Is Pregnant Woman counted as 2 people for US Income Tax Purposes? |
When calculating income levels for medical, or other government healthcare support a pregnant woman is counted as 2 people.
Does this rule apply in general when preparing income taxes?
... |
|
|  |
Paul G | Can I Claim Buying A Car At Income Tax Time as A Deductible? |
I bought a car in June and I was told that I could claim that as a deductible I was only wondering if anyone else knows anything about that. |
 |
 
fire4511
|
You can claim a business deduction, if the car was used for business. You also can claim the sales tax paid as a deduction, if you do not claim a deduction for state income tax! |
|
markos m
|
Only if the car is part of your business, and I am not sure that ever then you can deduct it. |
|
kgmboat
|
only if you use the car for business. |
|
mystery_me
|
No, you may be able to deduct the interest that you have paid on the car this year if you borrowed money to purchase the car and used something like your house as an abundance of collateral, though. But buying a car is not a deduction for an individual. |
|
Judy1
|
If the car is part of a business that you run and used mainly for that business, you can probably depreciate it.
If you itemize, you have a choice of deducting state and local taxes, or else sales tax paid. If you bought a car, and are deducting sales tax, then you can add the sales tax paid on the car to the amount given in the table for your state.
If the car is electric or a hybrid, there is an energy conservation deduction you'd probably be eligible for. The amount would depend on what car you bought.
Those are the only deductions that come to mind that you might be able to take in regard to your car purchase. In none of these cases can you claim the entire cost as a deduction. |
|
skahhh
|
If you use the car for part of the deductible expenses of a business or for purposes listed in itemized deductions, you may qualify. Just to own a car does not qualify you by itself. |
|
cgibbinsuk
|
I don't know where you are from and what the tax laws might be there, but...
If the car is part of your business (eg, if you are a plumber who uses it to visit clients, or you are a courier or taxi driver), then you cannot claim the price you paid for the car in the tax return of the year you bought it.
You can, however, claim depreciation on the car, which will be a proportion of the car's value every year, until its value reaches zero.
You can also claim running costs associated with the car (petrol, repairs, etc) to the extent that those expenses are incurred in the running of the business.
If you own a car for personal reasons, you still may be able to claim some running costs if you use the car for business travel This does NOT mean your daily commute to the office, however. |
|
J-Far
 |
If you want to go to prison for tax fraud, then yes.
If not, then no, you cant, I asked H&R Block about that myself. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 37 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
8 | 11 hour(s) ago
| | | |
8 | 2 day(s) ago
| | | |
8 | 5 day(s) ago
| | | |
8 | 1 week(s) ago
| | | |
8 | 2 month(s) ago
| | | |
8 | 4 month(s) ago
| | | |
8 | 9 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
