 What does VAT registered mean? |
Additional Details
I know what V.A.T stands for but what does VAT Registered mean?... |
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 If a person doesn't file taxes, but doesn't owe the IRS additional money, what are the chances of a problem? |
| Yes, she is required to file based on IRS requirements, but if she doesn't owe money will they really come after her?... |
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 Will we be able able to claim my kids? |
My fiance claimed my 2 kids and me on the 2005 income tax return
and IRS audited him and we did not have enough evidence that shows he
lives with me and maintains my kids finacially well ... |
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 Are there any ways that I can claim back some IHT tax which I have had to pay on my late Fathers estate? |
| I have had to pay out quite a few thousand pounds on his estate and think it is so unfair paying this money back to the G... |
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 Why is it so hard on small businesses? |
| My husband and I own a residential/small commercial electrical company. We have 10 employees and 5 trucks. Besides having the cost of insurance on the vehicles, we have to pay workman's comp, ... |
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 Why don't I have my tax rebate? |
| The news articles have been saying the people with low social security #s will get theirs first (the last 2 digits) my husbands is 00, you can't get any lower, and he was the main filer on our ... |
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 Question about tax deductions, Can you? |
| A friend of mine told me that you can catalog donated items; such as men's shirts, woman's pants, per pair, etc. and get a certain amount back. I plan on going through them and write it all ... |
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 Why register for VAT? |
| Apart from businesses having to register for VAT if their turnover is over £61000, what are the benefits for registering if you dont have to?... |
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 I AM GOING TO BE A FATHER IN THE END OF NOVEMBER. I AM WONDERING IF I SHOULD CLAIM MY CHILD AS A DEPENDENT NOW? |
| MY QUESTION IS THAT I MAKE MORE THAN MY WIFE. SHOULD SHE CLAIM OUR CHILD OR SHOULD I? WHO WILL GET MORE BACK WHEN FILING FOR TAXES?... |
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 How can a non-custodial parent claim child on taxes, if child support is up to date? |
my son lives with his mom, all the time. i have visitation, she stopped letting me see our son.
she is contemp. my attorney said i can claim our
son each year as long as my support is up to ... |
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dlowdog | Will I get a refund??? |
I was sent a letter from the IRS about 6 months back saying I still owe 200$ for unclaimed income for my 2004 taxes. I have filed for my 2006 taxes already, and am looking at a nice refund. Will the IRS hold this refund untill the other tax is paid, will they deduct what is owed and pay me the difference, or will i recive my refund with no problems?? |
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HappyGoLucky
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A couple of things can happen, the IRS could withhold the $200 you owe and send you the remaining balance (most likely case), or they will send you the whole refund, but you would still be responsible for the $200 you owe, and the longer you take to pay it back the more you will owe due to penalties and late fees, my suggestion if they send you the whole refund is that you immedietely send them the $200 you owe them, because if they don't automatically keep the $200 you owe, and you don't pay it, they could in a few years keep the $200 plus interest, penalties, late fees, etc.--I know this cuz my hubby tried to "not" pay one year, I didn't know about it, as we weren't married at the time, then in year 5 of our marriage, the refund I thought we were going to get, and what we actually rec'd were totally different, he owed $175 dollars and ended up paying almost $1000 with interest and fees that were tacked on---so pay it now and avoid the mess later on. |
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Scotty
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They usually withhold what you owe and then send the difference. |
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Emily B
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I'm not sure, but I think they'll deduct the $200 you owe. |
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brett.brown
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You will generally recieve your refund clear with no deduction. The reason is if they deduct the money then they can no longer charge you fees and interest which is what they are doing to your overdue $200.00 whether you realize it or not. |
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evanesheaven1985
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Yes they will |
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Judy1
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Hard to tell. What did you do with the letter you got? If you ignored it, then they will likely just take the $200 plus any penalties and interest from this year's refund. If you responded and agreed with them, then if you didn't pay, they'll probably take it from your refund. If you responded but disagreed that you owe the amount, and provided info on why, but it hasn't been finalized yet, then you'll probably get your whole refund. |
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Tones
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They will probably deduct the amount owed plus a penalty plus a nice chunk of interest. Hey, those soldiers fighting in Iraq do not work for free you know. |
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lifesajoy
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If you owe the IRS - they will take their money out of your current refund and send you the difference. |
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