Adoption Tax Credit to pay for early withdraw Penalties?
I am wondering if I could use the remaining Adoption tax credit to cover penalities for withdrawing from my TSP early. If so I’d like to do that so the credit won’t goto waste. Then I could put that money into an IRA the next year and reap the tax benefits. Accounting Sites Six Months [...]
tax return penalties for claiming children?
my wife’s ex-husband is claiming both of their children but in the decree he is only supposed to claim one, she still claims the one she is supposed to and we get our money but we have to jump through several hoops to get it. How long will he get away with this, cause he [...]
What is a good tax software to use for preparing taxes?
I want to prepare taxes on the side but I need guidance on what software to use. I need software that can be used multiple times. I work for a tax office but I want to make money on the side. Accounting Sites Music: R.I.P. Charles Mackerras – TV Guidance – Macleans.ca How do you [...]
Can yo withdraw money from your corp. business acct. without any tax penalties?
My partner and I would like to take money out from our business account as part of a profit sharing. Can we do that under a corporation? Accounting Sites Online Payments and Merchant Account Providers | Jobs,Business,Finance
How to file states taxes not filed for past 3 years?
My wife and I haven’t filed state taxes for the past 3 years but have filed our federal taxes. For the past two years, we have had about 00 additional taken away from our federal return. How can we file the past 3 years of state taxes? If money is owed, even that was taken [...]
Should I look into a tax attorney to waive penalties and interest?
everyone says these experts can save people money, any imputs? I owe back taxes, and I keep putting it off, and it is going to catch up with me. I need help with it, I can only think of a tax attorney. Any ideas? Accounting Sites Save Money by Baking Your Own Bread Getting Help [...]
How do taxes work for winnings from online poker/gambling sites based outside the US?
If you win ,000+ from an online poker/gambling site based outside the US, is there any way to cash out the money without having to pay taxes? If not, can someone explain how taxes would work? Accounting Sites Online Poker Tutor » Blog Archive » Poker Down Under Best Online Casino Gambling Site | JOES [...]
Can a job take taxes out of your check without you filling out any paperwork?
I work at a restaurant in NYC and we’ve always gotten paid without taxes being taken out of our checks. We instead claim the money and pay taxes every year to the government. I just found out the job is going to start taking taxes out of people’s checks without notifying them first and without [...]
Would IRS charge me interest and penalties if I file my Tax Extention?
I am single and I did calculate the tax return online with my w-2, it says You owe IRS 2700$ and 600$ for state tax. I do not have money to owe IRS, so I am concern about my interest and penalties, if I file tax extention. Could any body help me what should I [...]
TAXES – I own a home which is rented out. How can I get the biggest tax break?
My mortgage is 50 per month and taxes are 00 per year. I rent the house out for 75 per month at a loss every month. BUT… If I file taxes reporting the rental home as an active income generator (at a loss) I can only deduct "X" dollars for my loss (this of course [...]