 My employer has been paying us with a check and not deducting any taxes, what are the consequences ? |
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There are 3 of us working for this guy for over a year. what happens if he gets reported ?... |
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 If i got married in August 2006 can I file jointly for the 2006 tax year.? |
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If yes, do you file married for the whole year, or just the part we were married?... |
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 The best person to help with my taxes? |
| I havent filed for a few years and i know i owe back taxes(the job i have doesnt take taxes out)Anyway I know its wrong and all that thats why im trying to do something about it but im not sure who ... |
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 I have two part-time jobs which gross £4k pa - why do I pay tax? |
I have a main job (10 hours per week), I don't get taxed on this as It only earns me a max £2886.00 per year gross
I have a second job (7 hours per week), I get taxed 22% BR on this ... |
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 Will i get bush's tax refund or NOT?!?!? |
| I am 18 years old and my parents still claim me (up until im 19) and i made a little under 5000 in 2007. i got a notice in the mail on the bush's tax refund showing a chart to kinda help me ... |
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 I would like tax advice, Do i a LAWYER? |
I haven't filed taxes for about 17 years, I don't have records or any idea what i made, The only w-2 i have is 2006,Do i need a lawyer
and if i owe will they settle for my tax return ... |
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 Does everyone understand the stimilus checks are a loan against you expected tax return for the year? |
| This stimilus deal is not a deal when you figure you're going to have to claim it as monies "earned" so to speak. Those of you who got refunds this year might not for 2008.... |
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| Where do you go to get something notarized? |
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(I am very aware that its by a notary, I just want to know where to find one)... |
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 Do you have to claim or pay income tax on $10,000 on Inheritance ? |
| I received $10,000 inheitance from my Uncle and wanted to know if I have to claim it on my income tax and have to pay?... |
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 What to do about nanny's pay period that straddles 2007 and 2008? |
| I pay my nanny every two weeks. Her next pay period will be the last week of December and the first week of January. Am I supposed to split that pay period in half and include the December half in ... |
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 How much capital gains taxes will I owe under these special circumstances? |
| I need help. I've done tons of research but neet to know if anyone can point to to a definite answer. I spent 17 months building a house only to find out 2 weeks before closing on it that my ... |
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 Do I have to pay taxes on the sale of a house I lived in for 5 years and rented for the last 2.? |
| This was our first house and lived in it for 5 staight years. We bought a second house and rented our first house to some family members. They lived their for 2 years and payed us rent. We claimed it ... |
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 Do you think the budget will cost you money...? |
or are you more concerned with how interest rates, council tax and Utility bills will be changing in the next 6 months?
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No pin head I'm not Gordon.
This ... |
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 I just got married in December, does that mean that I have to change my tax info? |
| In the beginning of December I just got married and I need to know If I have to change my tax information with my W-2 and do I have to file with my husband. I havent even changed my name yet and the ... |
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 Tax deductions? |
| I'm normally a jeans and tshirt guy. So I went to work one time and was told that we now have a dress code. That forced me to buy more clothes I normally don't wear for work. I'm a ... |
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WallyWombat | Why do so many people want to get a tax refund? |
Isn't a refund simply a payment for an interest free loan to the government? Wouldn't it be better to simply have no refund and owe no taxes at the end of the year? |
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Tim
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Finally someone with some sense that understands.
Too many people think it is free money to them. It is really just the govt giving back the money you overpaid during the previous year with no interest.
For some that have no discipline to save money, this works. |
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travelguruette
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That would be proper management |
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Greg W
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You are exactly right. And if you are very good at managing your money, you may want to owe the govt. There are many examples where you will owe the govt. money at tax time and not because of penalties or interest. In this case if the money was invested drawing interest until the do date to the govt., the interest would be your profit. |
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mikeeyman
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I agree 100%... I have never gotten a refund... I always owe a little. But I plan it that way.
People get a tax refund, and view it as free money... They are dead wrong. It was always their money... They just let the government hold it for up to 15 months! It's crazy.
I would rather have bigger paychecks throughout the year. Money now is worth more than than money in a year. |
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Judy1
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Yes you are right. But many people either feel that a refund is something extra they are GETTING, not realizing it's just their own money. Or some people who can't save money on their own use it as a forced savings account like a Christmas Club or vacation club. |
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Veritas et Aequitas ()
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Most people do not understand that you should take every allowance to avoid it. I'd rather owe the government than them owe me. I don't think you will ever get to a point to where it comes out neutral, either you will owe or you will get a refund.
BUT many people cannot save anways. Some use it for that purpose, however when they get the money they end up blowing it. |
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catsealpan
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TODAY'S DOLLAR IS MORE IMPORTANT THAN TOMORROWS DOLLAR.
I'd rather get a little something back than have to pay the big bill in the end. We play with our exemptions a little bit (during the year) to get it just right. One year we owed alot - the next year we got back alot. I'd say we are getting close to being right where we want to be. |
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airjarrod
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You do realize our taxes are necessary to actually have a government, don't you? |
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ittybitty789
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well hate to bust your bubble but wake up to the real world |
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B_n_jus_Beachy
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Because it's my money..and I want it back! |
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