 Do you have to pay sales tax on Amazon? |
| What is the law regarding state sales tax online? What about specifically Amazon? A general overview of the system would be great. Thanks in advance.... |
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 Can and how can a bailiff take a car? |
can and how can a bailiff take a car in your driveway?
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 Will you get the $300 or $600 rebate check if you only made $1500 all year? |
how much would they get? is it $300 or $600?
& my friend said he filed his taxes last year & was suppose to get back about $600 but than he never mailed in his taxes!!
... |
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 Where can you call to find out your social security number to do your taxes if you do not know it? |
Additional Details
LOL!!!!! I should have stated that I was asking for my cousin as I know mine, my husband's, my kid's and most of my family's just by memory.... that is ... |
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 Tax credits? |
just wondering if anyone else is in a similar situation as me and how much tax credits you receive?
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I work full-time right now but thinking about getting a secound job just for extra money.
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| Has anyone ever used E-File with Turbo Tax? If so did it work out to your advantage? was it a good experience? How long did it take for you to get your return?... |
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 Question about the stimulus check? |
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 In the US, how old do you have to be before you're required to file a tax return? |
See question title. ^^ Also, if you narrow down to CA, that would be helpful.
Additional Details
Ok. So how much do you have to make a (year?) before you have to file one?... |
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 Is there a way to opt out of paying social security taxes? |
| Due to the amount of Federal CSRS retirement income that I will receive and the 3 for 2 offset that will be assessed against social security benefits that I may be eligible for, I will never receive ... |
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The firm my husband worked for went bump with no warning so he has no P45. He now has another job is there any way of avoiding having to have an emergency tax code?
Additional Details
We ... |
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 Why do we pay taxes if there is no law that requires us and the supreme court agreed? |
There is no mandated law that requires taxation? The supreme court agreed in 1898 and 1913...Further, the only writing about it says that it is "voluntary cooperation". So why do we pay?
... |
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 Is it better to claim single or married on your taxes? |
| I was wondering if you get more money back ... I have heard you get more money single and I have also heard you get more money married. Which is more true?... |
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paperback_writer | My mother has asked me to find out:? |
If she is a widow, is there any way to avoid inheritance tax -are there any tips you can offer?
Note: Please, no offers of consultations from financial advisers!
Many thanks for helpful answers. |
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Leo
 |
The links might help you and your mother with this complex issue. |
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BTB
|
First of all is her total estate over ÂŁ300,000?
If not, then there is not much of an issue :)
If so then making gifts is one way. Bear in mind that your mother has to survive 7 years before the gift falls out of the taxable estate.
There is an annual gift allowance of ÂŁ3,000 and if this wasn;t used up last year then it can be backdated.
Any gift out of excess income is not taxable as long as it is regular and does not affect your mother's standard of living.
Another option (depending on age and health) is to effect a life assurance policy written under trust which is used to pay the IHT bill. This can be expensive though!
Your mother should not be tempted to give you her house and continue living in it - it doesn't work! This is called a gift with reservation and the HMRC merely assumes the gift never happened and taxes accordingly. If, however, she gifted the house to you then paid you a fair market rent then it would be fine - bearing in mind the 7 year rule.
If your Dad passed away within the last 2 years then you could make a legal alteration to his will and pass assets up to the IHT nil rate band into a Trust - if that didn't happen already.
These are just a few ideas. Your Mum really needs to get professional help. Start with the family solicitor and go from there.
Good luck :) |
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md m
 |
get her to put everthing in your name now |
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deadman
|
the only way to avoid it is to transfer everything into the other persons name before the current owner passes away. |
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James B
|
She can transfer her assets to you and as long as she doesn’t pass away within 7 years then there is no inheritance tax to pay. However there are problems with this, mainly the fact that if she continues to live in her house, she would have to pay you 'rent' for doing this and you would be liable for income tax on this 'rent' as it would increase your income.
One way around this would be to use a trust fund. However the government are clamping down on this too.
One simple way of avoiding inheritance tax if your mother doesn’t not have 7 years, is to invest her assets and into the Alternative Investment Stock Market. If you hold these stocks and shares for 2 years then they become free from inheritance tax. |
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pinkribbon
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Try this Natalya:
http://www.uknetguide.co.uk/Finance/Article/How_To_Avoid_Inheritance_Tax.html |
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Divya
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Tf the amt to ur name and then tf it to her |
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