I was laid off from a job in FL in Jan ‘08 & started collecting unemployment comp from state of FL. Then in Feb ‘08 I moved to MD. My question is, on my 2008 income taxes will I now have to pay MD state income tax on the FL unemployment compensation [...]
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In 2006 the top 2% paid 60% of all income taxes but earned only 30% of the income.
Shouldn’t we lower their tax rate to make it more fair?
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I am debating on which tax school to enroll in and would like to get a job preparing income taxes after the course sometime. Which would you say would be the best? Thanks for any help.
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I live in British Columbia (Canada) and I’m just wondering when you have to start paying income taxes. I am currently 14 years old and I’m planning on getting a job at tim hortons ( 8 dollars an hour). Do I have to pay income tax once I start?
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My husband and I just closed on our house in September and I’ve been hearing all this stuff about how owning a home gives you a break on income taxes. We had rented up until then, claimed 0 allowances, and still ended up getting hardly any refund or actually paying. Homeowner friends of [...]
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I need to prepare an income statement for this company and determine what the income taxes are. The income tax is said to be 30% of the income before taxes, however I have not been able to figure out what the income is before taxes. The given information is as follow:
A/P…..35,000
A/R…….65,000
Advertising expense….15,000
Cash…… 19,500
Supplies [...]
The economic recession has brought many bailout ideas, and ultimately one of the many ideas was "successful". So, instead of steadily increasing Income taxes, why not create a pollution tax? I mean, if the people are having a problem with paying mortgages, why increase income taxes and lower their actual income? The pollution tax [...]
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So many of our founding fathers strongly oppose income tax.
Federal income tax and other income taxes wasn’t introduced until the mid to late 1800’s and in 1913. This is after all our founding fathers are gone or dead.
Any readings you recommend to find out why income tax was introduced?
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I have no money for income taxes then.. so do I still pay?
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"If you paid state and local income taxes in 2007 for a prior year (such as taxes paid in 2007 as a balance due on your 2006 state income tax return), include this amount as other state and local income taxes paid.
Other state and local income taxes: $____"
While filing online, I got an alert [...]