 Okay So I owe the IRS.......? |
| I figured they would take my rebate check(stimulasis) Because they took my federal and I still owe them like 900 dollars but I got a paper in the mail saying they were sending out my check by 6/20 ... |
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 Should I go to an accountant or get a program to do my taxes? |
| I just opened a small business in May (yea!) as a sole-proprietorship. I've spent a ton on business related items to get me started. The only thing I've done with taxes is file my sales tax ... |
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 How many hours a week can i work before i have to pay income tax? |
| If i am working 2 part time jobs, how many hours can i work before i pay any tax?... |
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 Why doesn't the IRS make strippers pay taxes on their tips? |
| Why doesn't the IRS make strippers pay taxes on their tips, but cracking down on these poor Dunkin Donuts and other minimum wage employees? Does anybody know?... |
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 Why haven't I received my stimulus check yet? |
| My wife and I filed a joint return. We used TurboTax, but we had to pay in this year, so we mailed all the information along with a check to the IRS (and did so on April 14). Last two digits of her ... |
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 Irs FRAUD how do i report it and what will they do? |
| A friend of mines mom has been claiming her children for eight years, and they have never lived with there grandma. my friend is claiming foodstamps on the kids and they live with her, and they are ... |
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 Stimulus Rebate...? |
| What are your thoughts on the stimulus rebate?... |
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 Anyone want obama out? |
Take a Stand against the Obama Hype?
Take a stand people. Those who know why Obama is a bad choice need to do what others like myself have been doing, email, call or whatever to the Dem. O... |
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 Can you get in touble if you dont file a tax return?? |
| I did not file a tax return for 2006 but was due a refund of approximately 1100 for federal and 200 for north carolina state. Is there a penalty for not filing?? If i do file, will I get my refund ... |
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 How can I pay cash for a house and not report the income made to Federal taxes? |
Additional Details
I have income that is all cash and I wanted to purchase a house paying cash, but not to report this cash made from the income to the Feds.... |
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 How early can I file? Weird tax question...PLEASE HELP!!? |
In 2007 I worked in Iraq for 6 months. I came home and did my taxes.
My income for that 6 months was around 64,000. I filed federal, not state.
I am currently a student and ... |
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 Has anyone read about the taxes we're going to charged from this April? |
| Apparently I read the other day that at the next Budget, prices in alcohol,cigarettes and petrol are going up because of Brown's blunders before he decided he was going to become our next prime ... |
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 What percent of my taxes will I get back? |
Is there a set percentage rate that I can use to figure out how much I will get back from my tax return?
Additional Details
I'm single, no dependants.... |
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 Did anyone get that irs stimulis direct deposit today? |
| My SS# ends in 20 I used direct deposit when i filed my returns and received my refund. I am really bummed. It felt like Christmas listening to the News this morning.... |
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 If me and my childs father work out child support personally, do I have to claim what he gives me as income? |
| He gives me money orders on a weekly basis, and he is not going to file this as less income on his taxes.... |
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 Stimulus check Tax refund question? |
BIG points for asap answering and any kind of backup to your answer for proof.
My parents did there taxes by a H&R block pro in Walmart... had her fees taken out of our refund and ... |
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Link | Can i have my paychecks paid to a corporation, instead of a personal checking acct, in order to pay less taxes |
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Mickey V
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The only way to do that is be a "Sub contractor". Meaning that you do not receive any benefits as an employee. You would have to set a Corporation in your State, File for a Fed tax ID, and enter a w-9 Form with the IRS.
Be very careful there are certian perameters you must adhere to in order to be called a subcontractor. Your employer must agree. Its not as easy as you think.
The government will not be cheated out of thier money. Go to www.IRS.gov to figure out if you can be a "sub-contractor" |
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Knightly
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No, you're the employee, not the corporation. |
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ninasgramma
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Regardless of who the checks are made out to, if you have performed service for the payment, it is taxable income to you.
So no, you can't do this. And it would be illegal for a corporation to accept this "payment" and then return it to you for your personal use so that you could avoid income taxes. |
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acermill
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No you cannot. As an employee, you must take your paychecks personally. Sorry, but this attempt at dodging taxes has been thought of MANY times previously. |
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oil field trash
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There is another little bit if you become self employed. I believe you get to pay twice as much social security tax. |
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Judy1
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No you can't, unless it's your corporation and you are working independently for the corporation, not as an employee of the company you are doing the work for. If you're an employee, what you are proposing would be illegal both for you and for the employer. |
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bostonianinmo
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No. A corporation cannot be an employee, only an individual can.
I'm curious though. How do you reckon that this would save taxes? Corporations pay higher taxes than individuals do. The corporate tax rate starts at 15% on the first dollar of profit vs 10% of dollar 8,751 for a Single individual or dollar 17,501 for a married couple filing a joint return. Then, when the corporation paid the wages to you as its employee you'd still pay individual income taxes on the money. You'd pay higher taxes as well there since the corporation would have to pay payroll taxes on the salary it paid you and that would double the Social Security and Medicare taxes you'd be paying.
And forget about the comment about "becoming" an independent contractor. The LAW determines whether you are an employee or IC. It is NOT choosen by mutual assent between the parties. |
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Joe M
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No, the only things that can be taken out, pre-tax are heath insurance benefits, IRA contributions and possibly court ordered garnishments. You can't have your car payment taken out pre-tax, as an example. |
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wartz
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This kind of nonsense has been tried and has a 100% chance of failure. Don't even think about it. If you earn the wages, they are taxable to you. Period. |
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