 Exhusband claiming children on taxes? |
My ex husband and i have 2 children. they live with me 100% for the entire year. He has contributed 116 per week in child support since May.
He says to me the other day that he is claiming them ... |
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 Is it true that the U.S.A. borrowed 1.5 billion from China to pay it's citizens a tax refund? |
| Everyone is supposed to get a tax credit/refund this year. Is it true that Bush borrowed the money from China?... |
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 Can i claim this dependent?? |
| my 25 yr old son lives with me and he worked and made $6000 he filed income tax form 1040A to get back a refund, can i still claim him on my taxes as a dependent as i provide more than 50% of his ... |
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 Should child-tax credit only be available to married parents? |
| To stop encouraging single-parent and broken families, should the government only offer child-tax credits to adult husbands and wives who are both the parents of the child/children claimed on the ... |
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 Can I deduct taxes/interest on three houses in this circumstance? |
| We recently moved and bought a house before we sold our previous home. These homes are our previous and present primary residences. Our previous home is on the market. We also own a second home. C... |
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 Can I Sue My Employer For Not Giving Me My W-2 Before Tax Season Is Over? |
| My employer never gave me my W-2 form. Therefore I cant do my 2007 taxes. It is April 3rd 2008, and I still have not received any kind of notice, or forms. I spoke with him several times after J... |
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 Did anyone get their tax rebate from the IRS today? |
| I was supposed to included in the first group and I don't owe anyone anything. I was paid my return via direct deposit. So, did anyone receive their payment today?... |
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 Can't anyone who pays taxes & lives by themselves claim head of household? |
| I worked all year, pay all my bills, phone, rent, cable - went to H & R Block to file my taxes & she said I did not qualify for Head of Household. I know I did last year, why not this year? A... |
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 Help with Taxes!! Please!!? |
| I need to know what happens if you do not pay what you owe when you turn in your tax forms since an extension doesn't help that. I don't owe very much but I have absolutely no form of ... |
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 How long does it take to receive your Federal refund after you eFile? |
| I provided my bank account info... I'm just waiting for the cash.... |
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| I want to know if a law suit settlement is taxable or not? |
| The settlement received was net of the attorney's fees and was for emotional duress on a sexual harassment case. The case was settled out of court. The harasser is in prison under a non related ... |
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 Have a job and a business, any problem if I deposit a payroll check into my business account? |
| I work for someone part time and also run my own business. Is there a problem if I deposit a payroll check (taxes have obviously been deducted already) into my business account?... |
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 What can I claim? |
| on my taxes in america?...can I claim my groceries?..i save all my safeway receipts..... |
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 I dont know if i need to file taxes as a self-employeed web site designer? |
| i am a student and do this part time, i only made about $7000 last year by checks, i was told if i did not receive 1099 forms from the businesses i did work for, there is no record of my work sent to ... |
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 Who can claim my son? |
| My son (6 yr old) stays with me and is disabled draws social security. My husband and I are not divorced but have not lived together since 06. I did not work but I did draw unemplyment in 07. My ... |
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Razor | Do you favor shutting down the IRS in turn for a 10% flat tax ? |
This would be a flat rate tax, not an actual flat tax...
Studies have shown that this model could actually produce MORE revenue into the federal government.
The IRS is spending billions of dollars just to go auditing people who owe on average, less than $1000 in back taxes. |
 |
 
v b
 |
The problem is, it wouldn't be 10%. It would be 30% and then there would be folks who are grandfathered in and the poor people who get a "rebate" of their taxes so they can eat.
The IRS would still exist, but would be called a different name.
Yes, it would be nice if the underground economy (the ones who fudge their taxes) got caught, but this still wouldn't do it.
I don't know where you get your audit figures. The computered generated "audits" (the mismatch report) cost next to nothing to send out. The bulk of the true audits are on small business people who under-reported their income by an average of $10,000. Those folks owe a lot more than $1000. |
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Gary
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You will still need an enforcement agency of some sort to enforce any tax laws. Congress makes the tax laws and the IRS just enforces them. Even with a 10% flat tax you are going to have people cheating or refusing to pay their fair share. |
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TheFreeThinkr
 |
I would favor a 15% flat tax!
But the real solution would be to simplify tax law, eliminate deduction on deductions and exceptions on exceptions crap. A 10% won't be fairn on anyone, I think a progressive flat tax would be better.
income less than 35K > 2% Flat Tax
35K to 60K > 5% Flat Tax
60K to 120K > 10% Flat Tax
120K to 250K > 12% Flat Tax
120K and up > 15% Flat Tax
current tax law's biggest bracket taxes about 40% but deductions and loopholes reduce to less than 5%.
----------------
The bottom line,
A simplified Tax system will reduce enormously accounting work in all sectors of the economy, including individuals. This will increase efficiency in firms, bigger profits, more reinvestment and at the end more taxes to the government. |
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spicertax
 |
The 10% tax would still need enforcement. What is income? What if you fail to file or pay it? The IRS cost would go down but not away. |
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Wayne Z
 |
>>>Studies have shown that this model could actually produce MORE revenue into the federal government.<<<
Wanna bet????
When Steve Forbes was running for President, he proposed 17% flat tax and even that was suggested was too low to keep government spending at its current levels. Experts said that the rate would have to be about 23% to stay even.
Like it or not but the best tax system is a income based progressive tax system similar to what we have now. |
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Thomas B
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Tax is not only a means of support for our government but it is the sole support of literally millions of our citizens as well. Consider going to a flat tax, then yes you will greatly reduce the IRS. You will still need them but it will reduce savings millions of dollars in salary, but then where do those people find work? Then you have all the cpa's, tax accountants, employees of the tax prep companies all out of work in a single day. We are talking millions of job losses at one time, not to mention the "Billions" of dollars comming off the "National Gross Profit".
The unemployment rate will skyrocket, stock market will take one heck of a loss, the U.S. dollar will drop in the world market.
These are just a few of the problems caused by switching to a "Flat Tax". |
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Judy1
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I'm not sure where you are getting your info, but it's pretty far off. |
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johndeere2510
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I'm, in favor of shutting down the IRS in turn for a ZERO percent flat tax. |
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