 Am I the only one who didn't get their IRS stimulus payment dd today(May 16Th)? |
| yes i had dd on my refund and yes i was suppossed to get money back and no i didnt get a paid for taxes out of my refund or get one of those rapid refund loans. So what now I gotta wait till july to ... |
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 How much tax return will I get back if I donate my car to charity? |
| Someone told me you get $500 in tax return if you donate your car to charity. I live in California so another state could be different.... |
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 Why is the tax amount deducted from my salary is different every month? |
| The amount deducted from my salary every month is different, although no changes has been done to my Tax code or salary.... |
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 Is there a law that requires Americans to pay income taxes? |
If so why won't the IRS show us the law that requires us to pay income taxes? i mean i know the 16th Amendment but it was never ratified.
Additional Details
Ok but first look at the ... |
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 I owe $200 in taxes for '07. Can I file and NOT send a check? |
| I read that if you owed taxes the government will just take it out of your rebate. Is this right?... |
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 How much income tax do Americans pay? |
| We're taxed to hilt in Britain. People say that the American rates of tax are a fraction of what they are here in Britain. Is this true?... |
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 Income tax question...? |
I just got a promotion at work with a significant pay increase. How do I make sure I don't get stuck with a huge debt to the IRS at the end of the year?
I'm married, I don't ... |
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 How much would deducting $2500 on your taxes save? |
| I'm thinking of donating a working car to a charity for actual usage (not to be sold at auction). In which case i would be able to claim the actual fair market value of the car on my taxes, ... |
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 Is there taxes to be paid when selling a second home? |
| I own a second home and I want to sell it, but I have already bought another home. Will I be taxed when I sell my second home?... |
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 Can I file my taxes for 2006 this late? |
I was financially supported by my father until mom's death and then I lived off my inheritance for a couple of years (while living in the family home)
I did some babysitting, flea ... |
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 If I receive a late 1099, can I pay it later? |
| I got a 1099, out of the blue, and extremely late from a past employer and have no money to pay taxes on it for the current season- I know I can file for an extension, but have heard that would mean I... |
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 IRS solution??? |
| I have been told by my employer that they are going to start deducting 100% of my paycheck until a $5000 bill is paid. This is termed a "levy". I called one of those tax negotiation ... |
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 If my boss pays me with cash or personal check do they still take out taxes? |
| taxes that were taking out of my check when i worked elsewhere and got a payroll check i was able to file at the begining of the year and get back. the taxes that are being taking out of my pay now i ... |
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Megan | Self employed, can you pay spouse an income? |
If your self employed in the UK can you pay your spouse a weekly income even if they are not doing any work for the company. ie staying home to raise kids etc. |
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dyno
 |
Yes course you can, she doesnt have to work in the business, its common practice in the UK and legal, just make sure that you pay her the minimum i.e the yearly allowance of £5225 this will go up in April from the start of the new tax year |
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James
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Jee there Louis is'nt that there tax fraud. Uhhh I don't know Geroge. |
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Billybean
 |
Short answer : Don't be stupid, you already know the answer is no.
Long answer : How do you intend justifying to the tax office paying someone for doing nothing, as you have said in your own question.
Realistic answer : Many self employed people can justify paying some money to a stay-at-home spouse in respect of real work done such as doing the invoicing & other bookwork, typing up quotes and answering the phone in respect of sales queries etc.
Consult a qualified professional, such as you accountant in matters such as this.
Edit note: to answer De Deuces's question, the answer is called "income splitting" and has the benefit of gaining an extra personal allowance and both (now slightly lower) incomes starting at the lowest tax band. |
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thinpinblue
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If she keeps your records or something of that nature why not. If our politicians can do it ?
Just give her a job description. Dont pay her too much otherwise she will have to pay tax, and It could get very complicated. But I personally I would get advice. Phone the Inland Revenue. Believe it or not they can be helpful. |
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confucious says
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off course you CAN MPs do it and even claim the money from the government for the privilege.
as someone stated put her down as a cleaner and pay accordingly it does not matter if she does not do the work only you will know almost all businesses do it and certainly at least 76% of MPs do it |
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De Deuce
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I guess you could but WHY? All income is taxed so you would not be gainning any advantage THAT way.
This type of ploy could be used to pay OTHER family members to greater advantage, like a son in law or other type by marriage. This way you could write off the salary as an expense but STILL they would have to pay the income tax on it and you would be burdened with the expense and NO labor help to back it up. |
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jackson
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no make her work ! |
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hi there
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yes but it would need a job description and obviously you would pay tax etc. and you would not say she wasn't working for company. employ as cleaner for example |
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stevexnelson
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Have your spouse do some work that justifies a salary.
Good question. |
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Goreg
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She can be paid up to the lower level, about 89 pounds a week without paying tax or NIC if that's her only income. She is supposed to do some work though, i.e. book-keeping or cleaning workshop. You should be able to think of something eh! |
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