 How much can you earn as interest income in the US without paying tax? |
If the only income a person has is around ten thousand dollars from bank interest, would that person have to declare and file and be liable for tax?
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This is for an ... |
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 I never filed my 2006 taxes how would I get another copy of my W-2 from that year and file it? |
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I shouldn't owe.
Now, I worked for Kohl's, do I contact the store I worked for or the corporation headquarters?... |
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 Can you cash out your 401K tax free to pay medical bills? |
I have to have a $25,000 surgery not covered by insurance. I'm thinking of cashing out my 401K and someone told me that you can do it tax free for medical bills. Is this true?
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 How many holidays am I entitled per year in the UK? |
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and does one week of holiday means 5 or 7 days?... |
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 Why won't the federal government make a law exempting their combat veterans from paying property taxes? |
Doing so would allow more veterans to own a home of their own!
Honorably dischaged veterans who have made it out of combat, broken but alive, deserve a complete exemption from property taxes ... |
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 Please help i dont know what to do....? |
| ok in 2006 i worked at mcdonalds for a year and a half and i never filed my w2 and then it got lost. i want to go ahead and file it this year so i went to my employer and they said they are a "... |
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 Can i claim my girlfriend and her son in my taxes. ? |
| we arent maried but i will like to know if i can claim her and her ... |
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 I am a stay at home mom, and have two children, should I file my taxes? |
I know its a little late this year, but a friend told me I should file because of the EIC. But if I did not work, do I still qualify?
I do recieve child support from one child's father. D... |
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 I babysat a child and now she wants to turn the money into the IRS so I have to pay taxes on the money..? |
| I watched a 15 month old baby for 2 months. I quit due to an incident and now she wants to turn in the money she paid me to the IRS. She never mentioned this before I took the job. Besides I thought I... |
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 Council tax is for what purpose? ? |
emergency services + waste disposal?
To take power away from people?
What if I refused to pay on the basis that I'm not a criminal/speeding terrorist, The police are ... |
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 What is my tax liability? |
| i have earned 80000 this year from short term capital gains i.e, from shares and i am a student and i dont have any other source of income so please tell me weather i will have to pay any tax or ... |
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 how can i find out if my son's social security number has been used on someones tax return.? |
| i just got custody of my son and im sure his mother has sold his social security number in the past. can i call the i.r.s?... |
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ummar | Does the tax man come after Employed people the way he comes after Self-Employed people? |
I have been self-employed and now am on the verge of becoming employed. I have heard that even though one can subtract more expenses related to one's work when he is self-employed, it is more stressful because the tax man is more likely to do an audit. So what are the benefits of changing from self-employed to employed. Since my tax and NIC will be paid directly at source, will the tax man not bother me? |
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firebobby
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The tax man won`t bother you as he is assured of his money every week or month.
They only audit you if the figures you submit as self employed look iffy. |
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Scouse
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PAYE takes care of that one and you can not negotiate as you can when you are self employed |
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cinderella
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the tax man will try and squeeze every possible penny out of ya..wether ur employed or self employed..... |
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Iris R
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There is more money to be made going after a business. Even if you do everything right they will try and scare you into paying up. They tell you they will audit 7 more years prior to the one they are auditing that moment. They do get a % of the money they collect. They are the governments mafia. |
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ddddx
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Its got to save a lot of headaches being employed.Just think no more tax returns to fill in and file.Having done both ok you can earn more self employed but then you may have a few more sleepless nights.I am also looking to change to employed in the near future and thats after being self employed for twenty years.also take into consideration if you have no work its a right pain trying to claim JSA i know from experience |
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Angel
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NO |
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researcher
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If you have been honest. and your job you take up is your only job you have nothing to worry about. But if you work for someone, and then work for yourself as well, then you will have to pay two lots of taxes. |
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suerye
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Its true that HMRC are more likely to find mistakes in the tax returns of people who have to maintain their own records. Under PAYE of course tax is deducted at source, so there is little room for error. However, employed people can also have other income not taxed at source such as rental income, a small self employed job, capital gains, etc and so are as open to investigation as anyone.
And a small proportion of investigations taken up annually are purely random, so anyone can get chosen. |
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