 Is it annoying when employees ask for another W-2? |
| Does my old employer have a copy of my W-2? What do you think of people that ask for another W-2 this late? Is it possible to even get one that fast? Also is it a hassle to make another W-2. BTW I ... |
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 Where to file Tax? that is not HR block? |
I am just a student, i dont have much a complicated tax returns to file.
However, HR Block said they will charge me $100.00 that is practically about 30% of my tax returns.
I heard ... |
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 Taxes and marriage? |
| My live in boyfriend is disabled and receives about 12K a year in Social Security benefits. I work and make about 35-40K per year. Currently we file our taxes as single and I claim both children ... |
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 When you cash in your Stocks, you have to pay tax? |
| How many %? So it's like a fee, every time you cash in you gotta pay? So it's better to just cash in bulk?... |
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 Why did I only get $300 back from the stimulus package tax rebate? |
| When I got the letter in the mail a month or two ago, based on my W2's, I was going to receive $600. Is it possible that they are breaking the payments up?... |
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 How many people will not get a rebate check because they owe the IRS.? |
| The reason why I'm asking is because if a huge number of people that are suppose to get a rebate check already owe the IRS, then this economic stimulius package does the economy no good. Seeing ... |
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 Can you make corrections to already-submitted taxes? |
| I did my taxes last night using taxact.com - I already received an email confirming that my taxes were received and approved. However, today I received another 1099 form in the mail for some ... |
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 I helped a friend prepare her taxes and she gave false information. Am I responsible? |
| I assisted a friend in preparing her taxes. I was given false information and now I find out that she is being audited and the IRS says that she owes over $9,000 in penalties and taxes. Can I get ... |
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 Tax Question: Single Mother, two children, home owner, and earns approximately $54K.? |
| All of the years I have filed taxes. I have basically received all of my money back. I saw on my paystub that the Federal Government has taken out about $7,900 in taxes and the state (RI) took out ... |
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 Why does the IRS pay people more than they pay in? this is fraud? |
| i believe you should only get back up to the amount you pay in. unemployeds or low income people get back plenty, thousands---while those of us who work everyday pay out of our checks and at tax ... |
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 My husband left me and my son, what do I claim on W4 ? |
| I dont know where my husband is, he walked out on me and my son. We are still married and im going to start working full time ad im unsure of how to fill out my w4. I intend to claim my son for next ... |
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 If you get audited by the IRS and are guilty of a deduction that you can't prove, what happens? |
| Do they just remove that deduction and reconfigure your totals or do you have to pay a penalty for not being able to support your deduction?... |
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 Dose anybody really pay 30% taxes? |
| They say companys pay 30% taxes dose anybody here pay that?... |
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 Why do I have to pay taxes on a house or a land that I owned? It is ridiculous and unfair!? |
| If I own a house then every year I have to pay $3,000 or $4,000 in taxes sometimes more (depend on the house value) then it's the government's house not mine. Why do I have to pay taxes on ... |
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 Can I claim my girlfriend as a dependent on my taxes? and what about her kid? |
My girlfriend has lived with me all of 2007, she had no earnings. I have paid the house payments and all the bills. We are not married.
She has a 2 year old daughter that also lives with ... |
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hrkdeol | How can you hide money from federal taxes? |
How can you hide money from federal taxes?
without hiding the money in your house |
 |
 
PepsiLime
|
You don't get taxed on "money" you get taxed on income that you earn. If you have a job, your employer is reporting the income you've earned to the IRS so you can't hide it. If you're self-employed you can try not reporting your income to the IRS, but heaven help you if you get caught somehow, or if someone turns you in to the IRS. |
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Hoptoad City
|
It's better just to pay upfront because they will eventually find out and you will have to pay twice as much later. |
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Magaroni
|
Hiding the money in your house doesn't change the fact that you earned it - in affect, it doesn't "hide" it at all. Tax evasion is a felony, and if caught you will go to federal prison.
Cheating on your taxes to save money: $10,000
Becoming someone's b i t ch in federal prison: Priceless |
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R.T. of S.
 |
I've never evaded taxes. Ever. Honestly. But my small business has been audited twice. The first time, after an 11 week invasive/ intensive/ stressful ordeal, they found; $43.17 cents that I had mis-categorized and could not write off, and so I owed them about $12.00 or so, plus a lot of fines.
The second time, they found nothing wrong, but it still disrupted my life for a good long month.
I do NOT suggest hiding money from the IRS. You should, however, hire a competent tax adviser to file for you, they will point out all sorts of deductions that you might not have been aware of. |
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J P
 |
There are plenty of legal methods of getting money out of your tax bracket to lower your taxable income.
Investing "pre-tax" in an IRA or 401K is one way (pretax limits in each but the limit for 401k is dependent upon income level).
You can also put money into flexible spending accounts pre-tax, which will allow you to pay for medical bills (even over the counter medicines) and child care expenses (sometimes even tuition I think) with money that isn't taxed. Be careful though, because you lose what you don't use. There is a health spending account that works essentially the same way, but is limited to specific medical bills and not all employers offer both.
You can "shelter" your money in corporations too, but that's a bit more complicated and beyond my abilities to explain.
Generally speaking, unless you're talking about hundreds of thousands of dollars it's just easier to pay the taxes you owe on the money.
If you're talking about illegal dollars, I would recommend just not doing whatever it is you're getting the money from. In the end, it's just not worth it. |
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Ipsydoodle
|
As an honest taxpayer, why in the world do you think I would help you raise my taxes by cheating on yours?
creep |
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maestroleon2000
|
I don't recommend you to do that. Tip: give to the Caesar what belongs to Caesar, & to God what belongs to God. In my case(& I'm very grateful) the federal government has help me a lot in many ways, but if you try to cheat, get ready to face the consequences later, nobody can get away with murder, not even if you hide. Careful! |
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shamieya
 |
Of course, but the legal way to do it is to invest in things that aren't subject to taxes. Retirement accounts, health savings account, business expenses, etc. |
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Hank Roitman, EA
 |
Money is not taxable. Income is taxable. Generally, most income is reported to IRS by the payer.
If the money received was income but not reported to IRS, then your question becomes "how to hide income. "
Keep it in the mattress in your prison cell. |
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Rui
|
Stop workind. If you dont earn money, you dont have to pay taxes. Become a parasite on the social security system.
***^$&*, you should be proud that you earn enough to pay taxes. All the infrastructure (roads etc) you see come out of tax dollars. |
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