 How much money can my siblings and I give to our mother per year, before we have to pay taxes? |
| How much money could any one of us give her before we have to pay taxes? Considering there are four of us, is there a total she could receive in aggregate? This is in the United States.... |
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 If everyone in England didn't pay for the things that the taxes are going up on? |
would that mean that the government would have to lower the taxes?
Additional Details
we can get food in other ways, grow it etc, also, who says we need to pay!?... |
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 I gave my Mobile Home to my son. Can I claim that on my taxes for a exemption? |
| At my age I wanted to make sure that everything was taken care of prior to my death so I gave one of my sons my Mobile Home and moved into an apartment. Is it possible for me to receive credit for ... |
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 Gas guzzlers road tax up again? |
| if everyone stopped buying them the government would be knackered they probably rely on the income to pay themselves expenses.... |
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 If my parents claim me on their taxes, do they get the money I was supposed to receive in my stimulus check? |
| I'm 19 and I moved out of my parents house in Aug 07. My parents said they would figure my taxes with their tax attorney. My mom and the tax attorney assured me that I was going to get $600 on ... |
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 I work as an independent contrator I'm 18, what will happen if I dont pay my taxes? |
Additional Details
im asking this because i dont have the money to pay.. what if i only dont pay this year but pay next ... |
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 IRS Tax Stimulus Rebate - Why did I only receive 300? |
| I was 18 when I filed (I'm 19 now), filed as independent, and I don't owe anything extra that would give the IRS a reason to cut my rebate in half. I woke up to find that I only received $30... |
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 If you made under $1000 in 2006 do you need to do taxes? |
| I know it's somewhat late to ask. I did this small job while in university. My school did not take out any taxes. Any tax experts know?... |
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 How a student can get PAN card? |
| PAN card implies Perminent Account N... |
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 SBBT getting a strange message when I log in, please advise.? |
| The IRS did not deposit funds to your account as originally expected. The IRS usually makes refund deposits within 9 to 16 days, but your deposit was not received within that period of time. At times ... |
|
 Do you claim unemployment with the state you work in or the state you live in? |
Additional Details
Ok maybe I need to add details.. I work in Missouri, Live in IL. Just got Temporary laid off starting last monday, Company is low on work since the economy is so bad ... |
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 Could the USA survive without property/income taxes? |
If we abolished property and income taxes, but also all welfare programs, could we (the USA) still support our military, education, etc? Assume that we pay our debts off, then could we?
A... |
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 Do Amish communities pay taxes? |
| Since they are basically self sufficent do they pay federal and state taxes? Are they eligible for SS beneifts and medicare/medicaid?... |
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 How likely is it to get audited by the IRS? |
| I ask because I am self employed and have to keep receipts for EVERYTHING. My mom is always ragging on me because you "never know when you could get audited" because I haven't been ... |
|
 What are your views on cutting VAT to 15%? |
What will this mean?
save a few pennies now but cost us dearly in the future?
How will this affect those trying to make an honest living and struggling with bills and mortgages? ... |
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mleonard130 | How many years back do we need to save our tax return documentation? |
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 |
 
bjlevine
|
The general recommendation is to keep the records for seven years, but to keep the returns themselves FOREVER. You never know when you may need them.
When you dispose of the information, make sure to shred the documents as thoroughly as possible. Even old confidential information can be very dangerous in the wrong hands. |
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super_ez1
 |
you can be audited up to 10 years back. you can amend up to 7. |
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crstyalring
 |
you should always keep all records for 7 years |
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midwestentrepreneur
|
we recommend clients go back five years but the irs
will go back 3.
joe |
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caymus2828
 |
The IRS recommends 4 years, and here is an article that goes more in depth. |
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jeff_6363632003
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3 years as long as no fraud exists and you have no property transactions. |
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Kimberly
|
1 |
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The Voice Of Reason
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i would save 4-5 years |
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Randyr81
 |
This is in response to super_ez1 answer.
Generally, to claim a refund, the Form 1040X (PDF) must be received within three years after the date you filed your original return or within two years after the date you paid the tax, whichever is later.
From the IRS website.
Link:
http://www.irs.gov/faqs/faq1-3.html |
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Aaron
|
As long as you aren't committing any sort of fraud, you should keep for 3 years. If you are audited and they find an error they can go back that far to look for more errors. If they deem it to be fraud (you made the "error" on purpose) they can go back forever. |
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Super_Pickle
|
The IRS can go back 3 years to audit you. If they find mistakes or fraud, they can go back 7 years. |
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