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 How long do you have to work in order to file for taxes???
i have been working since aug.2006 so i was wondering if i can file for taxes???...


 Can I file taxes twice?
I changed my job mid last year and got a new one. I have only received one W2 form.
Can I file taxes with the one W2 I've received, and then file again when i get the second one?...


 Â£60 tax rebate in our September pay packets?
Is it true that those of us on the basic tax rate of 20-22% will get a tax rebate of £60 in our September pay packets and also a nett pay rise by £10 per month for the rest of the tax year?
<...


 Can my girlfriend claim me on her taxes even if i worked some of the year and took out a student loan?
I made maybe like 5,000 this yr and had a $3500 student loan....


 I live with my fiance and 2 year old child, we have only one income what should I claim on my w4.?
I dont want to owe money, but i still need to be able to pay my monthly bills....


 Can the IRS lien property in my name if my husband owes them money?
We are attempting to resolve his IRS problems, however I am aquiring property and only want my name on deed. Will I be liable for his debt if it was incurred before I obtained this land.
A...


 What is Pan no,as I am from north east India and exempted from Income tax do I still need Pan no to invest?
in Mutual Funds and what exactly are the function of a Pan no....


 Is there a certain amount of time you have to be married before you are able to file taxes together?
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 Obama's plan for tax cuts for the middle class..?
From NBC's Andy Merten and NBC/NJ's Aswini Anburajan
A day after calling for greater transparency on Wall Street, Obama focused on middle-class tax relief while speaking today to an ...


 I'm a student well under my tax threshold, but my recent p60 shows over £400 tax paid.How do I get this back?
In addition to the title, where do I send off to, how long does it take, if I go through an intermediary how much do they take, doe anyone out there have prior experience of this situation?...


 To all carers in the uk?
we all work 24/7 saving this government a lot of money for peanuts,dont you think we deserve a rise?...


 I am receiving a large personal check, will I be taxed and do I have to report this to the IRS?
I am getting a personal check from my grandparents for $19,400. It used to be in some sort of account that they had set up for my college but I am done with school and they are sending me the rest in ...


 The hate cleric Bakri's daughter gets £360 a wk benefits yet I pay tax on a pension of £224 wk. Is that fair ?
Mine and my wife's old age pension and a small private one are left with £210 a week after tax and are not entitled to state benefits. Had we been on state benefits, we wouldn't be liable ...


 Where is my economic stimulation payment?
According to the irs schedule I was supposed to get my stimuation payment deposited into my bank account on Monday. I have yet to see it post to my account. What are the possible reasons why?
A...


 Can a divorced man claim 2 children as dependents while he is paying child support?
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 Tax and dependent question with a crazy ex?
My ex claimed my son on her taxes and wasn't supposed to according to our custody agreement. So my tax return was refused by the IRS because they said that my son's SS# had already been ...


 How much money does a single male have to make in a year to file federal income taxes?
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 When will the tax rebates be arriving?
When can we expect the tax rebates to arrive? Is it based on when you file your taxes? Or will everyone be receiving the rebates in a certain month/time? My husband and I already filed our taxes and ...


 Tax on Gambling? someone help me out?
this is real ok.
in a year i have lost $1000 and then i recovered back $900 that mean the net is a loss of -$100.
my question is do i have to pay part of the $900 of winning to tax?
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 How can you tell who owns a fence that separates two properties?
I live in a condominium that is surrounded by a private road. The road is for the use of the home owners whose houses surround our condo building. The "legend" has it that the fence ...



BeekerBell
Once a company closes are they liable for thier debt? Specifically to the Gov't of Canada?
I work for a company that used to have a company by another name,. That company closed over two years ago. However I received an invoice from teh Gov't of Ontario regarding taxes in 2004 with interest. Do I have to pay this invoice?
                     
 




TIM H
Rating
It depends on what type of tax the Ontario Government is charging the company for. If the charge is for taxes withheld from employees or collected from customers (sales tax) and not remitted, then the directors of the company (whether or not the company currently exists) may be personnally liable for the tax. The reasoning behind this is that these types of taxes are considered to be trust funds in favour of the Government and therefore do not consitute an asset of the company that can be used to settle other company debts. There have been many court cases of late in Canada regarding the due diligence (or lack thereof ) of company directors where companies under financial stress have failed to remit taxes to various levels of government that have either been withheld from employees or collected from customers.

Canadian companies that have ceased to operate require a tax clearance certificate from all relavent levels of government before they are allowed to surrender their charter and disolve. As long as the company exists, (albeit dormant) the shareholders and directors remain on the hook for its debts.

Needless to say there is a practical issue to be considered here that is related to the materiality of the amount involved. I suspect that the level of effort to collect unpaid amounts on the part of the government seeking the funds would be a function of the cost of pursuing the debtor. If this pursuit extends to a juristication outside of Canada the amount involved would have to be substantial before any substantial legal effort to collect would be embarked upon.

I hope this is helpful.

Tim H


Jack
Rating
If the cpmpany went bankrupt then the answer is no.
Canadian baknruptcy laws eradicate all debt including PST, GST, witholding tax and income tax.
In the USA that is not the case.


zenasrager
yes..that true in u. s. i took over my son's business and he owed taxes on His business and when i took over they came and picked up my truck and my tractor and held them for ransom til i paid the debt that was not mine. good luck


loryntoo
You give that to your lawyer. If the debt was not discharged by something like a bankruptcy, it's probable.


Share
When a Ltd. company closes they must report the closure to revenue canada in the year that it closed. The company that closed probably reported to the gov. that you received income from them in 2004. If you received the income you have to pay the bill. If you didn't receive the money then you will need to open up a dispute.

If you were the owner of the company and did not report any income, you can be assessed taxable income based on payments made to your company and then reported to the taxman.


Borat2®
Of course. Even if you die, your children will be owing money. So pay early. Pay now.


Smilin&#39; Fred
Rating
Get your boss to approve/disapprove payment. S/he'll need to take the matter up with Gov.

I hope you are not paying your employer's bills personally.


Imani
Rating
Yes, you do. Just because a company is no longer in business doesn't mean that they still don't have debt they have to pay. Shutting a business down is no excuse for not paying debt, unless they filed for commerical bankruptcy.


Ron
As long as the company reforms as a seperate and different entity they are not likey to owe the money.


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