 Is there any coupons regarding TurboTax Federal & Software..........? |
Is there any coupons regarding for tax & Software..........
that i can use........ |
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 I received a 1099 after filing my taxes. Can I pay taxes on the 1099 seperately from my return? |
| The 1099 came from consulting work I done on the side. It was about $5,000, which was substancially more than I remembered, but it's correct. I would rather just send a check for the percentage ... |
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 Would married couples get two 600 rebates? |
| I am married and i was wondering if my Husband and I would get two 600 tax rebates if we filed taxes as married. Would we get one 600 check for each of us or just one?Would we both get the check if ... |
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 Should I pay taxes if I am a full-time student working part-time from home? |
Hi,
I am now a full-time postgraduate student, I was working during the summer and my employer was paying my NI and taxes.
Now the university is paying me a scholarship that ... |
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 Why don't they increase taxes on beer like they do on cigarettes? |
I’m not a smoker or anything, but I feel that they reasons they give for raising taxes on cigarettes would work on beer.
Examples:
It would stop kids from developing bad habits.<... |
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 Can you write off online casino/gambling losses on your taxes? |
| a friend of mine asked me this question and I admit I dont know - I know you can write off legal losses like from vegas and stuff - and Im sure the tax man wants to you report any winnings from any ... |
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 About bush and his stimulus my girlfriend and I were sitting here estimating our tax refund ? |
| and how much we would get back this year. and she noticed that they ask how much did you get back for the stimulus last year. and she put in how much she did then she found out how much she would get,... |
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 How much will it cost me to hire someone to do my taxes? |
| I would lke to get my taxes done professionally because I worked in 2 states this year (I had no idea if that would complicate them). The past 2 years I had them done at work for free by a coworker, ... |
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 If my ex husband hasn't paid child support since March of 2007 does he still get to claim her on his taxes? |
| He hasn't paid since March of 2007, but in my divorce decree it says he gets to claim her, but the IRS says whoever pays 51% of her support gets to claim her? Which one do I have to go by? If ... |
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 I lived in Indiana until December 1st, 2006 then moved to Maryland. Where do I file state taxes? Both states?? |
| I worked in Maryland the last 3 weeks of December and live there now. I included a W2 from Maryland in my Federal Taxes.... |
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 I am self employed and have my unique tax ref number. Can i raise an invoice with VAT displayed on it? |
| I was asked for a VAT No by the company I recently did the job for but when i told them i only have Unique tax reference No rather than VAT Reg No, i was told i need to re-write an invoice and musn�... |
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 The company I used to work for is withholding my w2, is that legal? |
| I called my former employer to ask about my W2 and to make sure that they had the correct address to send it to. The person I spoke to told me that the company was withholding my W2 because I owe $40... |
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 Has Palin taken a stand for or against the Fair Tax? |
Additional Details
Please make sure you are in full understanding of the fair tax when you post your reply if you choose to post anything but a yes or no answer. Do not post what you ... |
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Will B | How do rich people pay less tax? |
How do rich people manage to find ways of paying less tax? I read that they employ people to find ways of reducing the amount of tax they have to pay and I was wondering what kind of things they do. |
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lizzit
|
The trick is being able to afford the cost of finding the solution, and being willing to modify their lifestyles in such a way as to get the maximum benefits. Rich people don't pay H&R Block! They have a team of lawyers, accountants, bankers, and financial advisers who co-ordinate their investments and financing to have the lowest tax possible given their lifestyle.
I worked at one point with a firm of trust advisers who had a single client: 100 some-odd related family members and their dozens of trusts created when each ancestor died. This keeps a dozen people employed managing the trusts and assets therein; and also another dozen or more of ancillary advisers who bring in specialist advice.
We'll start with citizenship and residence. You can have zero tax if you're not a US citizen and you live in a tax-haven country. However, not everyone wants to give up citizenship or live somewhere else. In that case, there are tax sheltered investments, pension plans, charities, setting up businesses, tax-advantaged financing arrangements, trusts, low-tax investments, and more. The rich don't bother learning or finding out about this stuff, they pay others to do it for them. |
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mac77
 |
Tax shelters. That's how they protect their money. To find tax shelters, you need to hire savvy accounting firms and top flight lawyers. |
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Resume Expert
 |
Actually there are many ways. I'm just going to share the more common ones.
1) Lunch, Dinner Expense - Becomes official expense
2) Buying a car under the company's account
3) Buying a property for their own usage and state it as holiday appartment for the employees.
Regards,
Edmund Ng
CEO, Founder
Infinique Technologies
http://www.infiniquetech.com
http://www.itjobs.com.sg
http://groups.yahoo.com/group/SG_IT_Jobs
http://www.purchaseresume.com |
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forest lover
|
i worked at a warehouse where the owners were millionaires.
at christmas they gave me 350 dollars for a gift,actually they gave me 500 but the rest went to the irs.
my friend who was there longer than me,they gave him about 1500 dollars.i think they did this to write it off,i guess.
i guess they get it back in taxes or something. |
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Feathery
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Tax attorneys and accountants specialize in ways to avoid taxes, through various investments, accounts in countries with looser tax laws, real estate development, estate funds, etc. |
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nyasasmom
 |
They control the legislators who make the tax laws. |
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Ron
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The more money you make, the more you need to defer. Putting money into a retirement account is the first way (allowed $15,000 per year for 401(k)). This will reduce taxable income. Purchase securities that would allow them to have non-cash income. If they hold the securities for more than 12 months and make money on the deal, the income is taxed as capital gain. The capital gain tax is 15% which is far less than the 35% they probably pay on ordinary income.
The rich also give to charities (sometimes) which reduces their taxable income by a certain percentage of the amount given depending on the type of charity.
Yes, they employ people like financial planners or CPAs to find ways to reduce the tax they pay. |
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Wayne y
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They have businesses and they buy things for themselves through their businesses and write the item off onto their business accounts. Also if you do renovations to investments you claim it back on tax. If you have your own business you can also get food and fuel written off onto the business too |
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