How do i go about getting my tax return from 2007? |
| I joined the Air Force in 2007 right at the start of the tax season and apparently my PIN to get my refund didn't go through. I called the IRS people and they told me I needed to send a copy of ... |
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REVISED: Mom passed away leaving my daughter as beneficiary on an Annuity? |
| Here is more specific information on my previous question: My daughter could not have the money until she turned 18. When she turned 18 she cashed out the annuity being a death benefit inheritence ... |
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We got a license for a small business but that is as far as we got. Do we owe taxes? |
| We renewed the license for a couple of years, but nothing has been done or nothing materialized. Do we need to file a tax return on this small business if there has been nothing done but to revew ... |
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Why can't we have flat tax system? |
| I think income tax is bad because it steals all the money from rich people, and they take little money from poor people. Doesn't that teach us that less education means worse job, and worse job ... |
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Do I bring my business credit card bills to my accountant when filing for expense deductions? |
I had recently opened a new business, but I was not sure how to file for expense deductions for taxes. Do I bring my credit card bills? Or how would I present my expenses to my accountant? A... |
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What will I have left after tax (Australia) if I get a bonus of...? |
if i get a mid year bonus of AU$2950, and it is not entered into my account with my pay but as a separate lump payment and gets taxed (i have a HECS/Uni debt)..
what will I have left? A... |
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Is it worth amending my 2008 tax return? |
| So here's the story...I realized that I didn't include any info from my 1098-T form I got from my university in 2008. I remembered to do it in 2009 and because of one of the new education ... |
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Is it the end for unemployment benefits? |
| My unemployment beneifts expired today and I am on my 1st extension. I just got the word that the voters did not pass the extension bill to continue with the 4 tiers available. I am in Florida and ... |
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Why am I not entitled to Working Tax Credits? |
| I am being made redundant in a week (am currently on maternity leave) and I am due to have a baby in 3 weeks. My partner works full time (in a low income job), but HMRC have estimated that I will not ... |
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IRS still hasn't processed my 1040X yet?!? |
I submitted my 1040X on April 5th. Delivery Confirmation said it was delivered on April 8th. I paid the taxes I owed the next day online.
My tax preparer said it's taking so long ... |
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Do I have to tell the IRS when I receive e-mail saying I won something, even if I think it is a scam? |
I often return e-mails saying that I have won things, such as foreign lotteries. Most of these are obviously scams.
The IRS says that I must report anything I won and may be required to ... |
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Is the 'Make Work Pay' tax credit apart of the $8000 tax credit or separate? |
| I just purchased a home May 2010 for $220K. I'm single and filed my taxes in Feb and received a small refund. I'm in the process of filling out the 1040x form but whenever I get to the ... |
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Notice of assessment? |
| I lost my notice of assessment letter. Is it possible to get one from a CRA office?... |
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If I filed a K-1 Form with a loss, why does my tax software tell me that I still owe taxes? |
I DJ, so I file a 1099-MISC every year.
This year, my net profit was $6914, and the calculated taxes I owe came out to $-579.
I also participated in an S-Corporation in which I ... |
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I have an unemployment questions for the state of Kentucky. I am getting laid off from my job? |
| from my job at the end of July. That is certain. My question(s) are...if the company that is coming in and taking over offers me a job, do I have to take it? Or can i still file my unemployment ... |
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Clank | What happens if I start a business and no not file a tax return? |
Can I start a small business and not report it? How will the IRS know? |
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Acon Fusekid
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Audit |
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brandie skitzo wikid klown
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well your buyers may blow the Secret of your company or someone might catch on through your Business advertising my advise report your Business and file your tax return its way better than ending up with the irs after you |
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Smiling
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If you don't file a tax return, don't even expect to get any kind of loan (mortgage, car, business, credit card, etc) = because you can't get a loan if you have no income. And you have no income, if you have no tax return.
And don't ever expect to purchase high-ticket items for cash, because you have it "saved" up. Financial transaction over $10K can be reported to the IRS.
Or the IRS might just do random review of bank accounts. If you have no income, how do you have money in a bank account?!? |
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Judy
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There are tons of ways they can find out, and when you get caught you'll end up owing penalties and interest in addition to the tax you owed in the first place.
You might get lucky and not get caught. But you wouldn't be able to get a mortgage, or get social security when you retire or if you're disabled, among other downsides. |
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Ryan M
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Unless the business is ran out of your garage as sole proprietorship, the IRS will know when you file for the permits to operate a business OR if you need to obtain financing. ALSO, are you prepared to pay for ALL expenses out of your own pocket and NOT claim a red cent for a tax deduction? I do not know very many people who have the cash flow AND a significant amount of business in order to do that. If you can eat the operating loss you WILL incur for the first two years....give it a try, but yu WILL fail. |
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travelguruette
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If you dont pay the se taxes you will not have any social security or medicare. |
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efflandt
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You will find out when your bank account is suddenly frozen (unless you plan on keeping your money under your mattress or in your wall). What sort of business would it be that you think you can buy/sell goods or services without a trace? Web search "suspicious activity report". |
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