Direct Deposit Question? |
| I was told online that my refund check would be deposit to my account on 2/9/07. When I check this morning it was not in there so, I waited to 4PM and it still was not in. I called my bank to see if ... |
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Should we hire a tax attorney ? |
| The IRS placed a levy on my daughter's paychecks today. She hasn't filed a tax return in nearly 15 years. Should she hire a tax attorney , or deal directly with the IRS to resolve this ? F... |
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What do uk mean when they say 'annual salary'? |
| lets say one's annual salary is 30,000 pounds? does the employer pay all in advanced at the beginning of the year?? or what??... |
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Do I have to pay taxes? |
| I am 16. A friend and me mow yards during the summer, and make somwhere around $500 each. Do I need to pay taxes even though I'm only 16?... |
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Taxing the rich and poor? |
| Hi guys,right im writing this arguement 'why its right to tax the rich a higher percentage when they earn other a certain amount then the percentage you get taxed under a certain amount. I think ... |
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Only answer if u TRULY kno? |
i got my tax return direct deposited will my rebate check be direct deposited too?
thanx in ... |
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Live in one state, but work for a company in another. Who's state tax do I file under? |
I work for a university in Michigan. I'll be moving to Hawaii in a few weeks. It's a permanent job. My question has two parts:
1. Will I have to file 2 state tax returns for the ... |
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Are we going to lose out on our tax return just because we got married? |
| Last yr my tax return was around $4500 and my fiance's was about $3700 thanks to EIC. Now I'm finding that because we got married we cannot file separately if we want EIC. We have to ... |
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My son is 18, living at home.. been working for the last 5 months can claim taxes this year, can i claim him? |
| My son is 18, living at home with me. He has been working for the last 5 months and can claim taxes this year. can I still claim him this year also?... |
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IRS agents: Is there any law in fine print that tells me I have to pay my federal income tax? |
| As far I as I am understanding, there really isn't a law. Should I stop paying my federal income tax?... |
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Pelosi says more stimulus needed, Bush "in denial"????? |
do u guys agreed that we do need MORE stimulus payment??
http://news.yahoo.com/s/
for me to be honest.........what i think they should ... |
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resurrectionnnn | How to Avoid a Tax Audit? |
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Tobin P
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While there is no way to eliminate your chances of being audited, try following some of the tips below:
• Report all of your income on the proper lines of your tax return. If the income from your W-2's isn't reported where it should be, the IRS could get confused, and ask you to clarify.
• If a W-2 or 1099 form you received was incorrect, ask the issuer to send you a corrected copy and send it along with your return.
• Make sure you report all of the income that is associated with your social security number. (W-2's, 1099's and interest payments) The IRS uses your social security number to track income attributed to you, and matches it against the income you report.
• Keep detailed records of any deductions you make.
• Don't report a deduction twice. If you are filing using multiple schedules, it may be easy to mistakenly deduct the same expense on two different schedules. Review all of your forms that you did not make this common error.
• Keep copies of all substantiating material, such as W-2's, 1099's, canceled checks and relevant receipts filed with completed copies of your return. This will make them easier to locate if you are audited.
If you do get audited, don't panic. Remember that some people are selected to be audited at random, while other selections are based on certain statistical comparisons. However, receiving an audit notice doesn't automatically mean that you are in trouble with the IRS, or that you owe them more money. It simply means they have questions on your return. Your chances of successfully surviving an audit are greater if you are properly prepared, and have supporting documents for the information on your return. |
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Terry M
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pay your taxes! |
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cvrk3
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It is not compulsory if the turnover is less than Rs.40 lacs. |
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burtbb0912
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Die |
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Falgesh Sanghvi
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Share your or concern PAN here. You will know it. Be honest or have knack what to question and where! |
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tonalc1
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The IRS says that it's random who gets chosen for an audit.
My accountant says they flag accounts for certain activities, the main one being a large change in income, whether up or down. |
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rockandrollrev
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Hi, everyone has to pay their taxes. If you avoid it, it makes this so unfair on others who are hardworking and paying their taxes. If you were in their position you would not like to think that you were having to pay more to cover the losses caused by the benefit cheats and the people that avoid paying tax. If millions tried to do this, look at to what cost. Everything would go up in price, poverty would be at the highest If you are worried about an audit, have a chat with an Accountant, but please, dont cheat. If you believe in God, look at the story of Mary and Joseph. There would have been no Jesus if they had not have had go to do the censor so that taxes could be calculated. This is something we should remember especially now with Christmas coming in two weeks. |
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Allen L
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Don't cheat |
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Chic
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Tax audits are random, unless there is an obvious sign that you have been cheating. |
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karen h
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never file early....the closer the IRS gets to 4-15(tax day) the less slots are open for audits of that "type" whether it be a certain income bracket, a certain business activity there are only so many audits conducted each year so the later you file the lower your chances are of filling one of those slots for audit. Record keeping is essential. Good paper trails can save you time and money. I lived through a business audit this year and they looked at 3 years of returns...in the end they owe me $14!!! Although the cost incurred in gathering & providing this information was well over $1000. the satisfaction of knowing I did it correctly was priceless! |
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