 VAT question? |
| i was just looking in a catalogue and each item has the price with the vat and without out the vat, can i just ask, i know iam a bit thick but when paying vat on these items do u pay vat on each item ... |
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 Do you think that the income tax rate should gradually reduce for older people? |
I'm thinking of a 25% discount between 60 to 70, then 50% discount for over 70 etc.
Is encouraging older people to continue working this way good, if they want to work?... |
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 I didn't receive a W2 from one of my jobs last year which has cost me the 300 dollar stimulus package? |
| And since the place has changed owners 3 times since, I have not been able to track it down and receive it. The owners were very shady and they have not returned my calls pleading for a W2. I know ... |
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 Is filing taxes online idiot proof? |
| i wanted to go online and try to file this year, but i've never done it before and i'm afraid of screwing up. please help, i'm young and dumb. :)... |
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 How is it possible for you to owe the IRS money if you were unemployed during that tax year? |
| I was unemployed during the 2006 tax year. I did not file a tax return for that year. I just recieved a bill owing the IRS taxes with penalty charges. How is it even possible I would owe the IRS ... |
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 Do you have to pay council tax if you are living on your own and under 18? |
Hi
Do you have to pay council tax if you live on your own and are under 18? Or is it only single persons discount you can apply for?
T... |
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 What is income tax used to pay for(UK)? |
I understand that NI tax is used for the NHS and Welfare when u become unemployed or sick.
council tax is used for schools, home helps(this should be under NI as it is health related), refuse ... |
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 If my grandmother gives my dad $10,000 as a gift each month, what will my dad have to pay in taxes? |
| My grandmother has recently discovered gas on her property, and is generously dividing her monthly EOG checks between her children. Each month, she is giving my dad (and each sibling) about $10,000. ... |
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 Do i have to pay tax if i just want to sell a couple of things for profit on ebay? |
Ok, so i've bought some stuff which i thought was an absolute bargain and i want to sell it on to make a bit of profit. Do i have to pay tax on the profit i make?
This is just a one-off ... |
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 What is the best software to do others taxes? |
| I recently received my tax preparation certification and I was wondering is there any software in particular that would be a good ideal to do other's taxes. In the past for friends and family, I ... |
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 If my partner goes to work? |
and earns £680.00 per month and our rent is £290.00 per month plus council tax and we have a child id stay at home how much working tax credit and housing benefit could we get
Additional D... |
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 Will the irs withold a percentage of stimulus payment for back taxes, or will they keep the entire rebate? |
| I was told that the irs will only keep a certain percentage of my rebate due to a 2006 tax obligation.... |
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 If I filed my taxes- and claimed myself- what effect will this have on my parents return? |
| For the past 21 years my Dad has always claimed me...I always e-file, (for the past 4 years) but never checked the box to claim myself- this year, I don't know if I missed it- but I filed ... |
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 Are UK parking tickets tax deductible? |
Additional Details
Sorry, I should have been more precise. I was talking about tickets incurred by a company's delivery fleet.... |
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 Should females pay more tax than men? |
When they are single their boy friend buys the drink and picks up the tab.
Girls are not required or expected to buy expensive items like houses and cars whereas men are required to do so (... |
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 I just got a 1099 form and it says $6523.50 under Nonemployee compensation? |
This one of my partime jobs that I get checks without taxes,
I've never done a 1099 before, How much taxes am I looking at paying? I read some of the other answers, some said it'... |
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 Do strippers have to pay taxes? |
| My friend was a stripper and she never did her income taxes, does she have to?... |
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talia_hailey | Does it cost more to have your taxes taken out with your mortgage? |
When I pay my mortgage all of my state and school taxes are included in the monthly payment I make. A friend told me that you save a bunch of money if you pay the taxes separately. I think he's full of ****, but what do you think?? |
 |
 
wartz
|
Your lender may require you to have an impound account with part of your monthly payment being collected to pay property taxes and insurance. This amount will be adjusted annually to reflect changes in tax and insurance premium rates. You are charged the same either way. |
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Helen, EA in PA
 |
If you pay it yourself, you can get interest on the money. But the lender should not charge you for making your payments for you.
Helen, EA in PA |
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Wayne Z
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Your friend is wrong.
The only difference would be the opportunity cost of not having the money to invest monthly.
Remember, when getting tax advice from friends, they are normally wrong over 90% of the time.
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Judy1
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Lenders don't charge a fee for having an escrow account for taxes and/or insurance. Most lenders require it, so they know that those bills will get paid. Your friend is wrong. |
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roderick_young
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In this environment of low interest, and investments in the stock market actually losing money, it might actually be to your advantage to pay taxes in advance like that.
If you're very disciplined, you could make a little interest by setting the money aside yourself, and putting it in a safe account, but that would be very little.
If you're the type that would spend the money if you see it in your account, then this would be bad, because then you would take a big hit at the end of the year. |
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mommyme
 |
It does not save any money - its exactly the same. However it does help with budgeting. That money is paid monthly so when tax time comes due(which in my area is Jan 1) you are not scrounging around for money . . . expecially right after Christmas |
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Liz
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we pay our land taxes and home owners insurance through our mortgage company,it is a load of my mind to not have to worry about getting the payments in on time.Your friend is wrong. |
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Clark Kent
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If you put the money in a savings account every month instead of lending it interest-free to the mortgage company, you come out ahead by the amount of the interest.
Of course you can't spend all the tax money and then come up short at the end of the year. |
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