 I called the IRS hot line? |
| something to the effect of they could not find any info about my rebate, and something about may 16 anyone else get this?... |
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 I get emails regarding business set up where i have to process checks for an international company from its cu |
customers in the US. Keep 10% and send rest to the international company thru my bank account. Is this legal business or money laundering scheme.
Suggestions?... |
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 Tax rebate? |
| I know theres probably a million of these, but I keep getting different answers from different sites. I am a college student...I do work and file taxes. I meet the minimum $3,000.00 a year limit...BUT... |
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| Tax help! Why do my hubby & I always pay more federal taxes?!!? |
| Every year, we get the shaft and have to pay...and it's always a lot (federal taxes). What are we doing wrong? We don't make a lot, it's just me and my husband. We used turbo tax so we ... |
|
 WHAT is A GREAT INCOME IN THE UNITED STATES? |
| Hi i was wondering what is a great income in the united states , if a person wants to live a great life..not good..GREAT? what is a yearly great income?... |
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 Do I file my taxes as married or single since I got divorced in November 2006? |
| I also have a son that lives with me, so shouldn't I claim head of household? I am not good at taxes and I want to make sure I know what to ask for before I take mine somewhere!... |
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 I need a loan for 2 million to pay off IRS back taxes. Is this possible? |
| Old taxes from years ago but IRS is getting anxious for the money. I own a business that is doing well and do not owe any current taxes. Just want them off my back. Hopefully we can compromise on ... |
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 What is Inheritance Tax? |
| Yesterday in the mini budget Mr Darling increased Inheritance Tax from £300,000 to £600,000, what is this tax and how will it affect the average ... |
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 I havent done my Business Taxs in 2 years....? |
| ... and Just recently got a letter saying if i dont do them by the 24th of oct. They will send me an estimate of how much they think I owe and add penalties. I have allof my receipts just stuff in a ... |
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 I filed my taxes and got a refund.... but I never received my stimulis check.. No info on computer? |
| I want my stimulus check!! I filed my taxes but received no check. I checked the computer site but it says no info available. Who do I ask? Where do I go?... |
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 So, so confused about this stimulus check and if it will be DD or paper sent...? |
Went through Turbo Tax and had the fee taken out of the refund for the state fee, Federal return was free.
Now I know what Turbo Tax says about using Santa Barbara Bank and stuff. They say ... |
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 I think I made a mistake. Now what? |
| I got a notice in June 2006 saying that my Federal Income Tax for 2004 was incorrect and I owed money. I've been using the EZ form for 12 years, do it all myself and have never had a problem. I ... |
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 Can my daughter's father, who doesn't have custody, claim her on his income tax for the child tax credit? |
| He pays 50 a month to welfare because I am on assistance temporarily. He's only paid for two months. I have full custody, but my husband goes to school full time, no job, and I am not in school ... |
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gazillionsites | What is the point of inheritance tax? |
|
 |
 
rosbif
 |
It's a "hidden" tax that didn't used to affect many people, but was seen as redistributive as only rich people paid it. With the rocketing house prices in England, people who really aren't rich at all are having to pay it, so it's being noticed. Now it brings in too much money for it to be scrapped. Just so you know, Gordon Brown is responsible for lowering the threshold so as to hit the middle classes with yet more taxes without making headlines. |
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thed0gsb0ll0x
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another way for the gov to rob you silly |
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GLH (male 48 UK)
|
To make money out of people who are unable to complain about it - i.e. dead people.
It's just another way of taxing you on money you've already earned:-
They tax you once when you earn it
They tax the interest you earn if you save it
They tax the goods you buy if you spend it
Then when you die they tax what's left |
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supremecritic
|
to help pay for the NHS, army police fire brigade schools road maintance etc |
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Social Science Lady
 |
It gives the government a great deal of revenue, from the people left to deal with the paper work after some one has died. Before the legacies are given, the government takes 40% of anything above the allowable threshold that a dead person leaves. This used to only affect the very rich people, but these days most of us will fall into this tax bracket. The price of a house had risen so much, that now most people who own their own house and car and have any savings will be caught in the inheritance trap. My advice, spend your money or give it to your children before you die, otherwise you will be giving it to the government. |
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Ken
 |
It's a way for government to tax the same money again and get more of it. |
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yorgiat
|
To provide the government with an easy income while insuring that people who have worked hard to gain wealth in their lifetime cannot pass it on to their children without either paying up (to the government) or paying lawyers to try and avoid paying. Either way someone else gets your money not your family. Good show eh! |
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GRAHAM B
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Orginally the tax was for the rich to pay but the gov have not kept it in pace with infaction. Then of course the gov changed the rules so that the rich farm owners could pass down their home and land to the kids etc.
The rich also have ways of avioding the tax which is now becoming available to the ordinary person who has more money and property above the tax level which is around about £287k at death per person.
Go to a good seminar on the subject and learn. |
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tringyokel
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As a general principle tax is levied on money received, and also when it is spent.
Income tax, corporation tax and capital gains tax generally cover your income.
VAT, stamp duty IPT, etc. are levied when money is spent.
Inheritance tax is levied on the money which you failed to spend and on which you managed to avoid the other taxes on spending.
I prefer to think of it in this way, as a deferred expenditure tax, rather than a wealth tax. |
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