Tag Archive | "Taxes"

Can I Claim Salary Conversion As A Tax Deduction On My Income Taxes?

Monday, July 12, 2010

4 Comments

I work for a private practice (as a therapist) and by the end of the year I will have paid a few thousand dollars in something called salary conversion. Can I write this off on my taxes?

Continue reading...

Once I Start Filing Taxes, Do I Have To File Every Year Thereafter Even If I Didnt Make The Minimum Amount?

Monday, July 12, 2010

5 Comments

Two years ago I had capital gains of a couple thousand dollars, this year my capital gains and dividends only totaled about $1,200. Do I have to file taxes? What is the minimum?

Continue reading...

Does Quickbooks Automatically Take Taxes Out Of A Paycheck That Make?

Sunday, February 28, 2010

3 Comments

Does Quickbooks automatically take out the State ,federal , and social security taxes out of a check that you make for your employees? If so, is that it? You dont have to worry about taxes until the end of the year and send out a W-2?

Continue reading...

How Much Taxes Do I Need To Pay?

Saturday, February 27, 2010

6 Comments

If I receive a wire transfer of $200K from an offshore bank to my bank in Texas, how much taxes do I need pay? I got some different answers, one said 35% and some said 10% to the IRS. It wasnt clear to me. Thanks!

Continue reading...

How Do I File Taxes For 2 Different States And Have Residency In Another?

Saturday, February 27, 2010

7 Comments

I worked in NC till October, then moved to NJ and have been working here since. I have residency in PA. So how would I file my taxes accordingly? This would be the first time I’ve done taxes for multiple states from a different residence. Please help!

Continue reading...

What Taxes Does A Company Pay For Its Earnings?like Federal Tax, State Tax, Social Security Tax, Medicare Etc?

Wednesday, February 24, 2010

5 Comments

An employee pays federal tax, state tax, medicare tax, SUI/SDI tax and social security tax.. But, what type of taxes does a company pay for its profit/earnings?

Continue reading...

What Are The Different Fees And Taxes For A Self Employed?

Tuesday, February 23, 2010

3 Comments

I would like to register as a self employed, working as a web designer/developer. Could someone tell me what all (roughly) the fees and taxes to be paying? Class 2 tax, national insurance, business tax?… Apart from that, what should I put as a business address (I will be working on the train, at home, on [...]

Continue reading...

How Does My Parent Amend Me From His Taxes So I Dont Show Up As A Dependant?

Monday, February 22, 2010

1 Comment

In order to be considered a resident in another state for tuition purposes, I cannot be claimed on my parents taxes for two years. I was not claimed on the 2007 but how do we amend the 2006 taxes so I am not claimed as a dependent. Also, once the taxes are amened, will my [...]

Continue reading...

How Does Bush’s New Tax Plan Affect Me, If I Already Filed My Taxes?

Monday, February 22, 2010

1 Comment

I just filed my taxes last week, and have not received my return yet, will Bush’s tax cut effect me? And if yes, do I have to refile?

Continue reading...

What Taxes Canadian Company Should Pay For Services Provided To Us Client?

Saturday, February 20, 2010

2 Comments

Marketing company is located in Ontario Canada and a client is located in Florida USA. What taxes should be included in the invoice?

Continue reading...