Do I have to claim my husband on my tax return? |
| My husband drives a cab and doesn't pay taxes until the end of the year. We weren't married until July of 06" and I don't want to loose any of my refund because of him.... |
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How does VAT on an imported product work? |
| I've bought some cameras abroad that I want to sell on, making a profit. I paid the 17.5% VAT on the cameras when I imported it. Will I have to pay VAT again when I sell it, if so how much?... |
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If the uk council has bailiffs on your case, can u tell the council you wont deal with the bailiffs? |
andf ask them to deal with it and take money owing to them out of your wages? will they or do they do this?
Just that the bailiffs have askedf for more than i can afford £90 PW, we are on ... |
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I a wife is widowed during the middle of the year.. how will she file her taxes? Married filing individually? |
| My dad recently passed away and my mom is wondering how she will file taxes at year end? Can she still file as married filing jointly since my dad lived during some parts of 2007? Or will she file as ... |
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Child ssn#? |
| i just had a baby on december 16th and i was wondering if anyone knew how long it takes to get a ssn so i can do my ... |
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Help inland rev gone mad i got bailiff's on the way want 9 n half grand for two yrs? |
| my accountant has vanished, he sent my tax return to the wrong office he says, i had the inland rev round, he was out of the country but promised he sent it now i got bailifs on the way for 9 and a ... |
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I am 24 yrs old, and have never filed my taxes. Where do I begin? |
| I am 24 yrs old, have worked in 5 states, and have never filed my taxes. With all the moving I have done, I haven't always been around to collect W-2's... and then all the change of ... |
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Tax ? i read on here that there is no legal obligation.....? |
| to pay federal taxes. does that mean , as a Scottish citizen who worked in the US for 8 years. that i could legally ask to have my tax refunded?? are my chances of getting this back slim or none??... |
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Should I file taxes jointly when my Wife didn't file her income taxes for years? |
I am recently married and my wife filed her taxes for the first time last year (we were not married then) and she was suppose to get a refund but the IRS took 90% of her return back.
If I ... |
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Will people receiving Social Security or Social Security Disability be eligible for thed $600 tax rebate? |
| Will people receiving Social Security or Social Security Disability checks be eligible for the government tax rebate this year?... |
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Do taxes eat up a third of your salary? |
| I have been trying to figure out how to budget yearly, as opposed to monthly-paycheck to paycheck. My hubby makes $72k before tax and by my calculations, we only get $4k a month--$48k a year. So ... |
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Why do some company's charge sales tax and some don't? |
If you have the source to your information please list it. Additional Details what about online stores...why do some charge sales tax, while other online stores don't.... |
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Can you claim a child born after the tax year end? |
Example: Tax year ends December 2007...Child born February 2007.
A friend of mind told me it is possible. What do you think?
No wise remarks please. Truthful, intelligent, ... |
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Rapid refunding my taxes? |
| Can any accountant rapid refund my taxes last year i had it done by a company who didnt require there help be accountants taxes were messed.. This year id like to use a CPA but I am not sure if they ... |
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Can a CPA, who's not your accountant, look up tax info to see how much a certain family made a year? |
It's a long story, just wanted to know what kind of access CPA's have Additional Details Ok, long story short, I wanted to know if my future father in law looked up to see how ... |
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Do I pay taxes on family inheritance? |
| My Grandfather just passed away, and I have learned that he is handing down to me 20% of his stocks. When they are all sold, I will be getting approx. $70,000 dollars. Is this taxible? Do I have to ... |
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rlelec01 | How long do i need to keep my receipts? |
i have a business and need to know when to throw the receipts away? Does anyone know? |
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T D
|
IF you... THEN the period is...
1. Owe additional tax and situations (2),
(3), and (4), below, do not apply to you 3 years
2. Do not report income that you should
report and it is more than 25% of the
gross income shown on the return 6 years
3. File a fraudulent return Not limited
4. Do not file a return Not limited
5. File a claim for credit or refund after
you filed your return Later of: 3 years or
2 years after tax
was paid
6. File a claim for a loss from worthless
securities or a bad debt deduction 7 years
Pub 583 http://www.irs.gov/publications/p583/ar02.html#d0e2390 |
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stevesandifer
|
Keep copies of W-2's and your filed 1040's FOREVER. I am an Enrolled Agent and have seen many people over the years have great difficulty if the question of tax fraud comes up and the lookback period for the IRS is forever.
Keep records for real estate for 10 years AFTER you sell it.
Keep regular records of expenses for 7 years.
Old bank checks-3 years. |
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jseah114
|
3 to 5 years. The IRS can audit you up to 3 years back, 5 years if they suspect fraud. If you haven't filed a return, you better hold onto those receipts forever, cause the IRS can audit an unfiled return at any time. |
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STEVEN F
 |
You should check for state laws before disposing of any business records. Even if they are not needed for tax purposes, you may be required by law to maintain certain records for a fixed length of time or until certain conditions are met. |
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princess
 |
AT LEAST ONE YEAR! |
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Jen
|
I think most people recommend 3 to 7 years for tax purposes and for employment records. |
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lavendertg
|
3 years. It gets very consuming but its very necessary. IF the IRS comes calling, you'll have everything you need to defend yourself. I got a very big filing cabinet and devoted the last two drawers to receipts. |
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Tapestry6
|
They say 7 years but hang on to them longer if it had anything to do with your federal taxes.. recently I found some old receipts and it was a good thing too they had messed up something on my taxes and I had the proof.. that stuff was over 10 years old! |
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