 Falsely Claimed Dependent? |
| I made $12,000 in the past year and am a full-time student. I don't live with my father and he maybe provided me with $1,000 worth of support in the past year, yet he claims me as dependent. I ... |
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 If my dad gave me ...? |
$50k,when he sold his house, do I need to pay taxes on this or is that totally his responsibility when he sold the house?
Additional Details
We are not avoiding taxes, I just want to ... |
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 Can you file taxes seperately when married, even if you have a child together? |
Me and my fiance' are planning on getting married this Oct.We already have a 2 yr old son.
I recently was approved for the best financial aid offer ever. will my fafsa be based on his taxes ... |
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 Is there really any FREE way to file your taxes? |
| Lots of websites and commercials claim to file them for free, but there's always a catch. Is there really a free way? Just wondering...... |
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 I havent done my 2006 Taxes yet... what should i do? |
I havent done my 2006 Taxes yet... what should i do?
Additional Details
I probably owe taxes for 2006.... i was wondering wether it would be wise do hire a tax pro or just do them myself ... |
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 Im In a Tax Conflict what to do? |
| ok so i got my w-2 from my ex employer and well the wages that are on dont match with my last check stub. According to my last stub, wages reported on my w-2 are missing like $7,000 is it cuz i have ... |
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 Can we not file our taxes until Feb. 11th? I heard something on tv about it...? |
| I usually use the H & R Block online tool to file my federal return for free.... |
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 Why was my stimulus check $600 instead of $900? |
I recieved my tax refund check yesterday but it was only for $600. I was supposed to be getting an extra $300 for my daughter. Why didnt i get her $300?
Additional Details
My daughter is ... |
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 I want to to know rate of % of depriciation on fixed assest? |
| like on land & building , plant & machinery, furniture & ... |
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 What do our taxes pay for? |
Im doing a report on where our taxes go and what we pay for though our tax pay.
I dont know how im going to be able to write a 2 page front and back report on this.
If anyone ... |
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 How many of you guys are in favor of increasing the minimumwage in exchange for abolishing inheiritance taxes? |
| There is a bill in congress to raise the fed minimum wage a couple bucks IF the inheiritance taxes are abolished. So, it looks lke the little guy gets a crumb and the wealthy get a cake. Are you in ... |
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 I got a notice from the I.R.S.....? |
| ....and it told me that I should pay the enclosed amount within 10 days or they could freeze my accounts and home. The only thing is...THERE IS NO AMOUNT GIVEN! Yes, I plan on calling them on M... |
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| Tax credits - Any advise?? |
| After renewing my claim with these idiotic people i informed them that my husband is not currently working and is in the process of being self employed but not as of yet - I gave them his earnings to ... |
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 21 yr old full time student and made $13,000 . Parents claimed me. Do I get a stimulus check? |
| I am a full-time student that works 35 hrs/wk. My fiancee and I pay for tuition and all living expenses. My parents still chose to claim me on their tax return. Will I see any type of stimulus check?<... |
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 How can Obama get away with raising taxes and calling it a tax break? |
This was a very interesting article, it didn't change my mind but if I had any doubts about McCain it would have: http://online.wsj.com/ar
What are ... |
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 A friend of mine has been given his p45? |
| he has been at this company for 8 yrs ,3 weeks ago his company changed from allclean services to allclean limited, and this week his p45 was in his pay packet, the reason he is being told is that he ... |
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5th Earl of Daveshire | Do I need an accountant? |
I am a sole trader, but mainly need someone to help me sort out budgeting and paying back debts.
End of year accounts I can do myself-particuarly with online self assesment.
Am I wasting time and money going to an accountant? |
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bacon1205
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Presuming paying back debts are amounts owed by your customers, you would not necessarily require an accountant. A competent bookkeeper would be able to help you sort out budgets and chase your bad debts.
However, using an accountant can often save money in the long run.
You could write up your own books, produce a profit and loss account and balance sheet and ask an accountant to review these.
An accountant should do more than check your records. Accountants keep up with government legislation, and can often save you money when there are various options on how to treat certain transactions.
Accountants can very often save you tax.
They will give you advise on whether to lease, buy via a loan or hire purchase, when this arises.
They would provide information to mortgage suppliers. Banks and mortgage suppliers would often require a third party to verify your profits.
Accountants would also advise you on what you can and cannot claim.
These are just a few services an accountant can provide. The list is endless.
Why not visit two or three accountants, and find out what they can do for you. Most accountants will not charge for an initial meeting. |
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RM
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Talk to a tax advisor at least, if not an accountant, to get some advice about your returns.
With regard to the budgeting and creditors/debts, they can set up your records so that you can track due payment dates and lodgements etc to see what's coming up and how the funds are.
I find you really have to do most of the legwork yourself - I draw up a creditor list at the start of each week for the month ahead, and a payment plan. It usually works well, but it does need tending to - otherwise the bills can pile up before you know where you are.
Good luck! |
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sparman20
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I would say it would be worth paying one on a one off basis just to go over things, they may be able to help you save some money or give advise about changes. |
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anthony *
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yes, an accountant will save you money, (more than they charge you. works out 3/1 in your favour).....Just do it, it's well worth it.....I am speaking from experince......I was self-employed for 8 years.....never paid a 1p in tax......down to my accountant. |
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Dreamweaver
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There are accountants that deal with small firms. I had one when I was a driving instructor working for myself and found him well worth the small fee he charged |
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van n
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You do not have choice. An accountant is a must he has been trained he has the knowledge he greets you nicely at the first visit, free of charge, he'll save time and tax money but once you're on his book....beware, all the gain you get is his reward. |
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gordonmother
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You are better with an accountant,when dealing with tax man and VAT man ,if you are registered for VAT, at the end of each financial year. The signature of a registered accountant makes all the difference and in my view worth every penny. |
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David T
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Beware, if you want an accountant to deal with the Revenue that is for Self Assessment, VAT, PAYE, first you must complete a form 64-8 which authorises that accountant to discuss your tax affairs with the Revenue under the Data Protection Act, otherwise the Revenue should not discuss your tax affairs with anybody but you. That means your wife/partner can not discuss your tax affairs.
Once you give the Revenue that authority they will discuss your tax affairs with the accountant, particulary if you nominate all post etc to go to your accountant first.
HOWEVER, it is you that remain the responsible person. You CANNOT blame your accountant if tax returns are submitted late and you receive penalties, it remains your responsibility to ensure your accountant does the correct thing at the correct time.
There are accountants out there that do not, and then leave you holding the baby as there is no come back on them. |
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