 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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 Where is the law that says we have to pay taxes? |
| what law book can i look in or website that says this. the rules and regulation on taxes. why doesn't everyone in america stop paying there taxes. what are they going to do. they cant put us all ... |
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 Child's mother worked last 4 mos. of '07. I claimed child all year,who gets to claim child for tax year '07? |
| I believe that it's fair that I claim her for my tax returns. (I always give her half). If she files first and claims our child, I would have to pay taxes on the whole year, right?... |
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 Are Real Estate Agents required to file taxes every year? |
| My friend and I are arguing about this topic. I say they are required to file taxes every year. She said they are not required to file every year. Does anyone know the answer??? What happens if ... |
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 Is there an actual law that requires you to pay taxes? |
| I'm being serious about this. If so, please list the law that says you have to pay taxes.... |
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 How easy is it to file taxes for a first time homeowner?? |
I have always done my taxes for myself online using one of the many free websites. However, in the last year I have bought a home and was wondering if its much more complicated??
-I am ... |
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 About how much money can you get in my income tax return if I donate a car? |
| I heard, and i've seen many advertisings about donating cars even while i'm driving.. the thing is that i have this other car, which needs a few repairs, but i wouldn't want to spent ... |
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 Going on unemployment? |
| i havent worked in 6 months and was wondwering if i should get on unemployment. i goto school, i made about 6k last year from working and i was wondering if this would affect anything in my life ... |
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 Child benifit? |
| me and my partner want a baby but he works full time and earns 15k i earn a little less and would like to stay off work for as long as possible to start with how much money if any would we be ... |
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 Do we really need to raise taxes? |
Wouldn't it be a lot better if Congress just learned how to spend less?
I think they should just drop all the subsidies for a year then decide who really needs them. This would save ... |
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 Do you smoke ? If so help.? |
| Did you know by January 1, 2008 , Cigarette's are going to take a $6.10 a carton tax hike? State and Federal cigarette taxes have been raised 73 times since the year 2000- increasing the average ... |
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 I want to file my own tax return at age 14...? |
| but my parents say that I can't be on two different tax returns.If I file my own tax return can they still claim me on their return?... |
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 Was the 16th amendment ever ratified? I don't think so.... There should be no law to pay INCOME taxes.? |
It's a direct tax, not apportioned.
Interestingly, I've been immediately jumped on and tagged a "tax protester".
Perhaps I just follow the constitution.
... |
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<3 | 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 year
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Scott
 |
Nothing
or
Jail and/or Penalty Fines |
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gervoi
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Independent Contractor is a wildly tossed around expression these days! Do you literarally sign contracts with your employers? If so, and you make over $600 from an individual employer they are required to 1099 you. If you make less it is optional and usually not cost effective for them to do so. It is all about the 1099. That is the paper trail. I have seen dozens of independant contractors being followed from job to job by the IRS via their 1099's. Of course ..... all cash payments made to you are your obligations to report. But get real ... where is the paper trail? Of course I pay taxes on all my cash payments ........................................... I accept emails if you would like to discuss this more confidentially and non-judgementally. |
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lucky star
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the IRS will get anything you got or have |
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johnathanapples
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The IRS will find you and hound you until the day you die... and the INTEREST will double about every month so you will end up paying 500 TIMES more in the end than if you just pay the taxes and be done with it. |
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Racist Answer Man
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Bad things, eventually.
Besides, you want to pay your taxes. Then you want to write off every expense you can think of so that you get the bulk of those taxes back legally. Might want to set yourself up as a sole proprietorship to facilitate that. |
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barbie&joe
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They'll catch up with you...and you be in trouble |
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timcallanqse
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One day you will have to pay the tax man. Do not get on his radar, just claim as many expenses as you can (legally), and pay your taxes.
Then you will sleep at night.
If you in arrears or behind, make an effort to catch up.
Since you work for yourself, you have the ability to increase your income. Make a budget, stick to it, and pay your tax.
Live below your means - invest the surplus. |
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yaguru
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Why wouldn't you pay taxes. Everyone has to pay tax. What makes you exempt????
You will be screwed, that's what will happen. You don't think The IRS , a HUGE government agency is going to find out about this??? You will be required to pay all of the tax you owe, plus fines and penalties. If you file false income tax returns, maybe jail as well.
Oh yeah, I forgot to mention, they will catch up with you just as you are thinking how smart you were in not paying taxes 5 or 6 years down the road, just when you are laughing it up envisioning how smart and crafty you were. I hope you're not putting any of this money in a bank..you don't think the fact that you have a bank account is going to be a major red flag, like where did you get the bank account money!!!! |
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wartz
 |
You are the third person in the past five minutes to post essentially the same question. Unless you are a newpaper carrier on a bike route, it is unlikely that you are a real independent contractor.
I have a canned explanation to apparently clueless independent contractors:
Some employers try to get around paying employment taxes (social security and unemployment) and other employee benefits like workers compensation insurance by improperly classifying employees as independent contractors. The basic issue is the amount of control the employer has over the worker. If you are required to show up for work--personally--at a particular time, punch the clock, use the employers equipment and are paid an hourly rate, you are an employee. If you didn't understand the difference when you posed your question, I would be even more convinced that you are an employee. What is your preference, Slotted or Phillips? Complete an IRS Form SS-8 to get an official ruling on your status. This will help you get unemployment if you get fired. When you file your income tax return, you can attach Form 8919 Uncollected Social Security and Medicare Tax on Wages and only pay the employer's half of social security. You will still have to cough up all the income tax. IRS and the states are stepping up enforcement in the abuse area.
If you don't file a return, IRS will do it for you and tack on a potfull of penalty and interest. |
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FILE
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IRS will assess severe penalties. You should pay your taxes on time, or get an extension. Talk to your tax consultant and he can advise you how to do it. You can wait to last minute and then get an extension. That's better than not filing and getting caught. The penalties will add up quick and cost you a fortune, and you will have to pay or go to jail. Good Luck. |
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Lex
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You go to jail for tax fraud. |
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