IRS Tax Relief

What Taxes Would I Have To Pay If I Run My Own Business From Home?

Does anyone know what taxes I would have to pay if I am running an internet based shop from home. Do I have to register for VAT as soon as I start to sell? How much national insurance would I have to pay? I expect to be selling items of around $25k P.A of which [...]

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What Would The Taxes Be If I Won The Saint Jude Dream Home Contest In West Virginia?

I think the value on the house is $450,000 or you can take a $200,000 cash prize instead. I believe the federal gift tax that you would have to pay is 45% of the $450,000 = $202,500 or $90,000 for the cash. My other question is how much would State taxes be? Am I [...]

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Much Taxes Would I Have To Pay If I Was To Send A Co-worker On The Tv Show What Not To Wear?

Me and a friend from work want to enter another co-worker on the show what not to wear. She is in need for a serious makeover. I was reading the contract and it said that me and my friend would be responsible for the all the taxes. My question is how much is the taxes [...]

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How Much Money Would I Put Aside For Taxes In Fl?

I am working part time as an independent contractor, as well as working two other full time jobs that I do pay taxes on, as well as my husband who is has a full time job, and taxes are also deducted, so total we make 50-60k a year on income that is taxed. I now [...]

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How Much Taxes & Late Fee Would You Pay If You Report $18,000 In Earned Income?

Example if I did NOT file taxes for 2006 and I just now decided to file taxes for earned income of $18,000 as a 1099 form. For the state of California. About how much money will I have to pay back in taxes and how much will I have to pay in late fees?

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