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 What is VAT and why it is compulsory?
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 If i have one dependant about how much can i get back if i make $20,000?
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 My adult son has diabetes and can not work. I am supporting him completely. Can I claim him as a dependent?
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 Previous employor withholding W-2's?
My previous employor hasn't sent my W-2's. We had several payroll companies and has all of 2006 W-2's execpt Jan-March. In that time he cut me checks out of his personal account like I ...


 What is the maximum amount you and your wife can make and still get that bonus the government gives?
I was wondering how much you could make and still qualify for that bonus the government gives out. My wife didn't really make anything this year, less than 3,000 dollars total for the year, and I...


 What is the meaning of: convent?
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 Can I file my 2006 taxes before I receive my W4?

Additional Details
As mentioned I meant my W2s. Can I file my taxes for 2006 BEFORE I receive my W2?...


 Can a disabled relative be claimed on taxes?
My brother was born with a severe birth defect called Cloacal Bladder exstrophy. As a result he was given a surgical procedure where his ureturs from his kidneys were tied internally to his ...


 What federal tax form do I use if........?
I make less than $7,000 a year; I don't own a home or any property; I have NO children (thank God); I'm not married, and I gave money to my local church last year. Is there a special form I...


 Why do people get busted for tax evasion if there is no law that we have to pay income tax?
My understanding is that there is NO law that requires that people pay income tax and yet I hear about people getting popped all the time by the IRS for income tax evasion.

What gives?
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 If I was employed for a couple months with this company, do I still have include them when I file my taxes?
And what will happen if I don't include them?...


 Do you only pay taxes if you are working? if someone isn't working you still have to pay taxes? if so on what?
please give me an ...


 17 year old girl, claimed as a dependent on parent's taxes, but made $3000. Do I get the tax rebate?
My parents claimed me on their taxes as a dependent. But I worked all last year, and made over $3000, so do I qualify for the rebate? I initially thought i did, but now I have read an article that ...


 Stimulus/Rebate Checks - those that are suppose to be sent by July 4th - has anyone received theirs yet?
Going by the Stimulus Payment schedule at irs.gov, my rebate check should be sent out no later than July 4th - but by it stating "no later than", I am wondering if I can expect it sooner ...


 When is it to late to file my taxes?
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 My ssn is incorrect on w2 ,just got it, how to correct it ,can i correct by myself?
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 Why Am I paying tax?
I am 18 and a full-time student and work weekend I am just wondering whether i have to pay tax? If not what can i do so that i will not be taxed from my wages? I earn around £3370.80 a year. So will ...


 What to do if person that watched child wont give ss# bc they dont file taxes. How can i claim what i paid?
This eldery lady from church watched my child so i could finish high school but my mother in law told me that she doesn't do her taxes or something bc they dnt pay for housing or something like ...


 Tax rebate?....is it UNFAIR for single parent to get less compare for married couple..if the governmenr really
want to help the economy.....isn't they should priority those please who needs MORE help?....am i wrong to think this way?
Additional Details
i mean government not governmenr......


 Do you have to make i certain amount of money to file taxes?
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dsifantasysports
I'm going to start a internet business do i have to pay taxes?
is it required to pay internet business taxes. Because i've been looking and all i've seen is that 13 states make you pay. And texas is not required to make you pay income taxes.
                     
 




James E
If you make a profit you will have to pay federal income taxes on the earnings, subject to the usual exemptions and personal deductions. Also if your income from the business exceeds a little over $400 will be subject to self-employment tax. If you make a profit and do not estimated quarterly payments for income tax and self-employment tax in a timely manner you may be subject to penalties for underpayment of taxes even you pay the taxes by the filing deadline.

You can download or order a copy of IRS Publication 334, Tax Guide for Small Business at the IRS website: http://www.irs.gov


Jimbo Ketan
Most states at this point do not require you to collect sales tax for them on sales to residents of their state if you do not have a connection ("nexus") in that state. If you are a fellow Texan and operate as a sole proprietor there is no state income tax, but if you operate as a corporation, LLC, or partnership registered with the state, the recent changes in the state franchise tax may catch you. You would have to report business income in any case on your federal return. You may have to pay local taxes on property and inventory used in the business in Texas, but if you are operating out of your house on a modest scale you probably will not come to the attention of the appraisal district. As an additional note in Texas, if you are operating in a subdivision with deed restrictions, you can have problems with your homeowner association when operating a business out of your home if it generates additional traffic or otherwise is considered to detract from the neighborhood.


rikena
Rating
Not yet - at least to the Feds.
But your q is too broad. Of course you have to pay taxes on business - be it local, state, 'sin', excise tax
Are you talking income or sales. Always there's sales taxes.


Loss Leader
Rating
If you have to pay income tax where you live, you have to pay tax for business done over the internet. And all US citizens have to pay federal income tax so all internet business is taxable at least at the federal level.


Mister Nice Guy
Yes.

You make money, Uncle Sam wants to "wet his beak".


crazylady97
Go to your local small business office in your town. They usually offer free classes and have free computer programs that offer this information to you.


Dream Builder
Rating
I don't know of anything that you would not have to pay taxes on.


ddarabaris
You will still need to pay federal taxes, but may also have enough expenses from starting a new business that you may be in a loss for at least your first year. The best thing to do is to get a good cpa to do both your business and personal taxes. Remember too, if you charge sales tax for any merchandise then you will need to file that quarterly with your state.......


goodtoyou36
but what if you are selling information by e-mail.


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