 Are we really not required to pay our income tax? |
Ive seen numerous things about there be NO law to make us pay or file an income tax. How accurate is this? I shouldnt wouldnt mind keeping my money.
Additional Details
Umm actually if ... |
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 Do I need an accountant? |
I am a sole trader, but mainly need someone to help me sort out budgeting and paying back debts.
End of year accounts I can do myself-particuarly with online self assesment.
Am I wasting ... |
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 What states have no taxes? |
| like what states have no state taxes? are there any?... |
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 If you owe money to the IRS, will they take your stimulus money to be repaid? |
| One of my co-workers said that the IRS told her daughter that they will be taking her stimulus money, due to the fact that she owes back taxes. I thought the money is ti stimulate they economy, not ... |
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 Do you pay more tax on a 2nd job? or is the same 20% on both? |
| I have 1 job of 32 hours and a 2nd job of 14 hours,I know about the personal tax allowence but do i pay a higher rate on the 2nd job or still 20%?... |
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 Can an employer deduct 1/2 hour lunch break from my pay, if i am part time and only working 50 hours a week? |
| I live in IL and my schedule just changed to 50 hours a week, so I'm not sure if this is fair. Plus because of the Labor Day Weekend I only worked for 45 hours, and I didn't really take a ... |
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 P60 tax rebate? |
i got my P60 today earnings £19.759, and payed £2928.78p tax, tax code 522L how can i tell if i can get a rebate ? or if anyone knows anything about tax could you let me know cheers?
A... |
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 Earned income credit--age requirement? |
My daughter is not married and is 24 yrs old..she has a daughter 7 yrs old....the IRS rules state she has to be 25 yrs old.
Now.....she will be 25 April 12th...the rules do not say anything ... |
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 What are the tax advantages of owning a home? |
Will my wife and i receive more money as we bought a house this year.
Additional Details
We paid over 10K in mortgage interest and 4K in property takes.... |
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 How long should i have to wait? |
| i have just switched jobs and am being emergency taxed how long should it take until they have sorted my tax code? i dont know if my old employers have passed my p45 on to my new employers or if iam ... |
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 Falsely Claimed Dependent? |
| I made $12,000 in the past year and am a full-time student. I don't live with my father and he maybe provided me with $1,000 worth of support in the past year, yet he claims me as dependent. I ... |
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 If my dad gave me ...? |
$50k,when he sold his house, do I need to pay taxes on this or is that totally his responsibility when he sold the house?
Additional Details
We are not avoiding taxes, I just want to ... |
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 Can you file taxes seperately when married, even if you have a child together? |
Me and my fiance' are planning on getting married this Oct.We already have a 2 yr old son.
I recently was approved for the best financial aid offer ever. will my fafsa be based on his taxes ... |
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| Is there really any FREE way to file your taxes? |
| Lots of websites and commercials claim to file them for free, but there's always a catch. Is there really a free way? Just wondering...... |
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 I havent done my 2006 Taxes yet... what should i do? |
I havent done my 2006 Taxes yet... what should i do?
Additional Details
I probably owe taxes for 2006.... i was wondering wether it would be wise do hire a tax pro or just do them myself ... |
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 Im In a Tax Conflict what to do? |
| ok so i got my w-2 from my ex employer and well the wages that are on dont match with my last check stub. According to my last stub, wages reported on my w-2 are missing like $7,000 is it cuz i have ... |
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Lauren M | What qualification is required to prepare people's taxes? |
Does it require certification, accounting degree, CPA, or what? |
 |
 
wartz
 |
In California, Oregon and Maryland you have to have a minimal amount of education (pass a test after a 60 hour class in California, my state) and a state license. Competence is not a requirement elsewhere but is desirable. You should at least pass the H&R Block or Jackson Hewitt basic tax class or something similar before you inflict yourself ont he public. |
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Richard B
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If you are looking at getting into the tax preparation business, I would personally suggest taking the IRS' Enrolled Agent exam. After passing the exam, you will be able to represent clients before the IRS just like attorneys and CPAs. Check out the following for more information:
http://www.naea.org/MemberPortal/Resources/Becoming+an+Enrolled+Agent/ |
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quizzard123
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Unbelievably, absolutely nothing in most jurisdictions. I can prepare your taxes for you if you want, and even charge a fee.
I cannot claim or advertise any sort of accounting designation, of course, but if someone is foolish enough to hire me without those, I'm good to go.
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Darwin
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Believe it or not, none. The preparer, if not the taxpayer, must sign the bottom of the return. Be sure to ask the person doing your taxes for some proof of competence. |
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chatsplas
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Nothing is required most states, although they're moving that way
Jackson Hewitt and Block offer tax classes, starting this month, 16 weeks of instruction, followed by tests, and then you're a certified tax preparer if you pass. Hewitt charges only for book, Block charges for book and class, and both may hire you if you complete course. No specific education requirements for those taking class, except ability to read, willingness to do homework, attend class.
J-H was founded by people who left Block because they wanted to computerize and standardize tax returns and Block wouldn't. They had first computer tax software. Liberty was founded by Hewitt who left Jackson Hewitt and requires all Liberty locations to hire those Statue of Liberty 'wavers". |
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Charles G
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Federally, none.
But be careful. Some states (California springs to mind, but there are others) require some certification or training. |
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Bio/Chem Major!
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Anyone can do taxes. You do not have to have a license. There is a line towards the end of the forms that asks for the persons name who prepared the taxes....and thats about it....good luck. |
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Bob F
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None what-so-ever unless you live in CA or OR or a city or county with local requirements. Our lovely federal government feels that anybody should be allowed to do taxes. In most states I need a license to cut your hair or paint your toenails, but not to do your taxes.
That is why you need to be careful where you go and who you use.
Most preparers at H&R Block and the other national chains have never been to college or even taken an accounting class. They are almost all trained internally, starting with the classes that are starting right about now. Liberty's is free and so is Jackson-Hewitt's if you live in certain areas, and both of those classes are worth what you pay - nothing. H&R Block's is better and is probably the best way to get started in the field if that is what you want to do. They charge about $100 usually.
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