 Why did I only get $300 back from the stimulus package tax rebate? |
| When I got the letter in the mail a month or two ago, based on my W2's, I was going to receive $600. Is it possible that they are breaking the payments up?... |
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 How many people will not get a rebate check because they owe the IRS.? |
| The reason why I'm asking is because if a huge number of people that are suppose to get a rebate check already owe the IRS, then this economic stimulius package does the economy no good. Seeing ... |
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 Can you make corrections to already-submitted taxes? |
| I did my taxes last night using taxact.com - I already received an email confirming that my taxes were received and approved. However, today I received another 1099 form in the mail for some ... |
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 I helped a friend prepare her taxes and she gave false information. Am I responsible? |
| I assisted a friend in preparing her taxes. I was given false information and now I find out that she is being audited and the IRS says that she owes over $9,000 in penalties and taxes. Can I get ... |
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 Tax Question: Single Mother, two children, home owner, and earns approximately $54K.? |
| All of the years I have filed taxes. I have basically received all of my money back. I saw on my paystub that the Federal Government has taken out about $7,900 in taxes and the state (RI) took out ... |
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 Why does the IRS pay people more than they pay in? this is fraud? |
| i believe you should only get back up to the amount you pay in. unemployeds or low income people get back plenty, thousands---while those of us who work everyday pay out of our checks and at tax ... |
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 My husband left me and my son, what do I claim on W4 ? |
| I dont know where my husband is, he walked out on me and my son. We are still married and im going to start working full time ad im unsure of how to fill out my w4. I intend to claim my son for next ... |
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 If you get audited by the IRS and are guilty of a deduction that you can't prove, what happens? |
| Do they just remove that deduction and reconfigure your totals or do you have to pay a penalty for not being able to support your deduction?... |
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 Dose anybody really pay 30% taxes? |
| They say companys pay 30% taxes dose anybody here pay that?... |
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 Why do I have to pay taxes on a house or a land that I owned? It is ridiculous and unfair!? |
| If I own a house then every year I have to pay $3,000 or $4,000 in taxes sometimes more (depend on the house value) then it's the government's house not mine. Why do I have to pay taxes on ... |
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 Can I claim my girlfriend as a dependent on my taxes? and what about her kid? |
My girlfriend has lived with me all of 2007, she had no earnings. I have paid the house payments and all the bills. We are not married.
She has a 2 year old daughter that also lives with ... |
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 Ive been summoned for not paying council tax? |
| I am a student living in Heaton Newcastle and I recently recieved a letter summoning me to court for not paying my tax? I didn't know I had to pay taxes and I'm pretty sure I don't, ... |
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 If I earned $500 in '07, and paid $4,000 in tuition & supplies, can I write them off? |
| In 2007 I wanted a career change and took a certification course at an institution and paid $4000 for tuition & fees. After completion and job hunting I never found suitable employment so I ... |
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 Y is every thing goin' up? |
| Y is gas prices, food prices, and everything else going up? Y do the charge more taxes. Gas used to b like $1!!Cuz soon gas is going to go up 2 $5. And food goes up EVERY single week!! Wats up wit ... |
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ljc2022 | My friends boss pays him with two separate checks....? |
One check is a regular pay roll check with a low hourly rate and taxes are taken out.The other check his boss says is a "bonus" but it is really the balance of his weekly pay. He does not take out any taxes from these "bonus" checks so now my friend ended up owing a lot of money on his taxes. Why would his boss do it this way? It all seems a little tricky to me but I don't understand. Please help explain what is going on? Thanks. |
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Mathew
|
Your friends boss is a cheat!! Your friend should report this practice to the state labor board. You friend is or will miss out on a number of benefits because of this practice. As for your friends tax return he must file as the wages and bonus earnings were reported to the IRS but can file an amendment if the problem is corrected because of labor board action. |
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ChocLover
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Your friend's boss is on the fiddle. |
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RichManPoorMan
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you can legally AVOID taxes, but what he is doing is EVADING taxes. all payments to employees must have all the appropriate taxes withheld. |
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Nephroid
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It sounds like your friends boss is paying a portion of his pay under the table, possibly to avoid benefits and unemployment insurance. My guess is that the "bonuses" did not show up on his W-2 form either. Other wise the taxes would already have been withheld. I does sound a bit shady.
My suggestion is that ,as honest taxpayers, if you know that you will have to pay taxes on the extra income anyways just take that amount out of your paycheck your self and sock it away in a high yield CD or some other safe investment for the year. At least you can make some money off of it before having to pay it back next April. |
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kja63
 |
Easy. Employers pay into Pension Plans and Workers Comp based on Salary. Employers also pay Disability premiums based on Salary.
Not on bonuses!
Your friend's boss is CHEATING the system. |
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doanel
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Hmm....never heard of that. But your friend should probably put some of that Bonus money away in a savings account for tax time. |
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Judy1
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What your friend's boss is doing is clearly illegal. Even if these really were bonuses, they must be treated just like wages as far as taxes are concerned, with taxes withheld and the employer paying his half of social security and medicare taxes, and paying any other employment taxes due like unemployment comp. His boss is doing this to save money by not paying taxes he is legally required to pay. |
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Amy V
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The employer saves himself some money in taxes and insurance by lowering the hourly rate and the employee pays more taxes due to the 'bonus'. |
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samsung
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For the shake of paying Employees due like ESI & PF etc.. ESI & PF based on salary. They may do like this. But not more use ful for long run businesses. |
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