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 What time of year is the best time to do a tax return?
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 Should we feel obliged to pay a service charge?
I was recently at a resturant and after terrible service and a long wait for the main meal ( 1 hour) i refused to pay the 15% service charge.
the manager locked the doors to the resturant and ...


 $600 Govt Check. Am I getting one?
I am a student and claimed as a dependent by my parents. But I do pay income taxes... am I getting one of those $600 stimulus checks?...


 Do you get a refund or must you pay in to the IRS?
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 Never got my tax rebate check deposited!!!!?
My ss ends between 00 and 21, I made the right amount of money, did my taxes in January, and am setup for direct deposit. It's Thursday and nothing has made it into my account. Is this ...


 TAX QUESTION FOR A TAX PERSON! (I live in Texas)?
Can I have more that one person or company figure my taxes before I decide who I want to go with to file them? I want to choose the one that will cost the least or free. My husband and I made only ...


 Reporting tax fraud?
what information do i need to report someone to irs for receiving cash payments (being paid "under the table") and not reporting it as income?
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Dear bro_...


 How can i save my money by income tax?
my payment 17500 per ...


 What are the easiest way to richness??
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 Has anyone actually received their stimulus check in the mail yet? I called the IRS, told mine was mailed.?

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I spoke with them today and was told it was processed and mailed thursday. I got a letter today (dated today..lol) saying it was mailed so hopefully i will get it by ...


 I never filed my tax return for 2003 and I just got a huge bill from the IRS. Am I screwed?
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 I have not received a tax return form in 10 years , am i still liable for tax?
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 Income tax returns?
I had not submitted my returns last year.What r the problems i may face while submitting this yrs return? And what is the solution.Original copies of my LIC policies for which i was claiming tax ...


 Do you believe in a flat % federal income tax rate?
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 I am just about to enter the job world. If I am supposed to make $40,000 how much will I have after taxes?
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 Anyone else with a 00-08 social not receive their rebate yet, bc i havent received anything, no letter either?
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 Are volunteer hours tax deductible?

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This is a question I was asked by a fellow military spouse. We volunteer at an orphanage in S. Korea....


 How will a compensation award of £12.000 affect my benefits?
I get incapacity benefit (long term) Disability Living allowance, housing and council tax full benefit. I do not receive any income support and I have no savings. The compensation is for a fall.
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 What do u guys think about paying taxes..?
Well i have to do a report for my political science class and i need as much input as i can get please...?
what do u guys think about paying taxes? is it a bad thing ? is it put to good spend?<...


 What is vat on £1,597?
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Rebecca M
Why do we pay taxes anyways?
Just wondering, what does our tax money go to anyways? I get more than $100 taken out of my check each week and I know some of that goes to my medical and dental ($29 and $6 weekly) but where does the rest of the money go to once the government has it? And why do they give money back at the beginning of the next year once I file my takes? Also, why do people get tax write-offs and get more money back when they have children? I know this probably seems like a silly question, but I really don't get it. Can anyone explain this to me to give me a better understanding?
                     
 




kevin h
Well, simply put, the money you pay to the government in the form of taxes goes to the country. It is used to pay for programs for education, medical care, housing, and so forth. It is used to pay for federal employees such as the postman, military, FBI, and politicians. They use it to subsidize farmers so that they have incentive to continue growing crops, and the list really does go on and on and on. You get money back because the tax laws say that if you make a certain amount then you will pay a certain amount of tax. Based on the way that you chose to file and the amount of exemptions that you claim and so forth on your w-4 and i-9 forms when you were hired, a certain amount will be taken from each paycheck to cover your tax bill. Basically, you are paying it over a year in payments instead of all at once. If you file properly, you will usually get a little back, or have to pay a little more in. It all depends again, on how you have filed and how well you planned. You get writeoffs for certain things like charitable contributions. A writeoff is a dollar for dollar deduction that you can discount your tax bill by. The logic is that the more you give to organizations, the less they will need from the federal government. A deduction, for children or such, is a percentage of a certain amount. You get this to help you pay for certain obligations, like health insurance, child care, and so forth. It is not an easy system, and people spend years educating themselves on it, but I know that taxes are a necessity to help pay for some very important programs that directly or indirectly, you and I and every American has benefited from.


jon s
your taxes pay for every government program and project from roads and schools to the war in iraq.


bdancer222
Taxes pay for roads, schools, military, law inforcement, parks, social programs, .....

If you are getting a large refund, you should adjust the withholding during the year so that less is withheld for taxes. That way you get more money each paycheck and Uncle Sam doesn't get to use your money interest free.


leonard s
the roads ,parks ,national defense,the regulation of commerce, the list goes on and on

someone once said that taxes are the price we pay to live in a civilized society


stevexnelson
Your tax dollars go to fund the government and hopefully it makes our society a better place to live.

It goes to fund defense, the police, health care for many people, public schools, roads, public colleges, etc.

The government gives writes off to encourage behavior. The government wants you to buy a house and have kids. Therefore, the government gives write offs to encourage people to do this.

It is possible that you are getting less benefit out of your tax dollars than other people. Some people, especially people who have a lot of kids, may be receiving a lot more in benefits than you receive.

Good question.


bob
Income taxes pay for the infrastructure of our government such as roads, postal service, telephone, etc... It also pays for the salaries of those in public office (Senators, Representatives, etc..). Each year you withhold a certain amount of your federal taxes from your pay check. Each January your employers gives you a W-2. The W-2 gives you a balance of what was paid to the goverment for taxes and how much you earned. By April of the following year you must reconcile what you eaned on your W-2 with your actual tax return. Sometime you pay too much or too little. If you paid too much you get money back otherwise you write a check to the government.


Judy1
Sounds like the rest of your deductions other than the medical and dental go to taxes. Some of it goes you social security and medicare, the rest probably to income tax. If they give you income taxes back when you file your return, that means you didn't make enough to pay any - most low income people don't pay income taxes, of that you had them take out too much.

Taxes pay for the operation of the government, including funding of government services.

Many people with children get extra writeoffs or extra money back because Congress has passed laws saying that they should.


rutgersgroup
As you get older you will see how much the government influences our lives.

The government maintains the frame work for you to make a living, raise a family, and enjoy life.

In order to do this, the government needs money. People are sometimes shocked to see how much money a fully functioning society needs to work. In addition, the money goes to train the people after you. When you are in school you are a net user of societies resources- which cost money. After you finish school you then pay into the system. Finally, the government uses taxes to urge a certain type of behavior over others. For example, the government raises taxes on "sins" to urge people to do other things and paying for the "damage" that engaging in the "sins" causes to the rest of society - think smoking and drinking.

Cheers and good luck!


Gregorio Sanchez
1. The government needs money to run itself. Where would this come from but the population? And how would it obtain this money but through taxes? it seems a fair way of taking this money would be for people who can afford more to give more (although this often doesn't happen what with legal loopholes and expensive clever lawyers).
2. Tax money is also used to help those less fortunate than you, people with disabilities who can't find jobs and would starve to death without provisions for living. America has a Christian government and Jesus taught that charity is one of the most important things, so tax is a form of "forced" charity. Even in countries where the church and state are separated it is seen as an ethical thing to do, to use taxes to help the needy.
3. Public services like rubbish collection/maintaining roads (although in some countries road maintenance is paid for by charging only the people who use the roads.. through VAT on cars/road tolls).


Spock (rhp)
your Congressperson and your state Legislator are the ones to ask since they and their colleagues voted in the taxes.

GL ... their answers don't make much sense to me either.


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