Tax laws are confusing =( I was looking at my state’s (MD) tax codes and I saw this under "Penalties": (a) In general.- Except as otherwise provided in this subtitle, if a person or governmental unit fails to pay a tax when due under this article, the tax collector shall assess a penalty not exceeding [...]

I am shipping my items only domestically. I sell children’s tshirts and they are not heavy to ship so how do I calculate taxes and shipping?? I have a UPS account but I know USPS is cheaper and probably more attractive to customers. Plus I am in California, so do I add the 8.25% sales [...]

What kind of tax, what percent should i consider placing into a seperate account. How often would I pay taxes? Quarterly or Annually? Any information would be great. Thank You.

I filed a chapter 13 in July 2002 and completed my 5 years of repayments in July 2007 and the case was discharged. I immediately got a bill from the state saying I still owe 0 in interest and penalties from tax year 2000. Do I really owe this? Are all of my other debts [...]

Well my friend is putting me on her taxes and I was wondering when she sends it off, how long does it take for you to receive the money. I am new to all this tax stuff.

I live in NY state. My cell phone bill contains state tax, federal tax, county tax and school tax. What taxes are on your cell phone bill? Wiz-we have real estate tax in NY state too, Along with taxes on just about everything you can think of. State tax, county tax, city tax, and if [...]

I just filed my tax files today…4/15/2009, and i owe about 5. i dont have the money now and i was trying to set up a payment plan but the irs phone lines were having difficulties… if i pay later how much would i owe of penalties?

My tax return is pretty simple since all I have is a W2. Is the cheapest way to file both federal and state (NJ) returns to file the federal tax return through a free online service like Turbo Tax and the NJ taxes through the NJ.gov website? Someone please help me!

I haven’t made any taxable income for the year except for a nominal (over 0 but less than 00) amount for which I’ve been 1099ed. Will I end up having to pay taxes on the full amount, or is it only the amount over 0? Will I have to pay taxes at all since I [...]

I worked for two different companies and contributed to their 401-k plans. In the first one I contributed about 00. I just saw in my last statement from my current employer I have contributed ,250. I am over 50 and wanted to contribute the max of ,500. Even though I stopped my contributions when I [...]