Yellowgirl55: Double taxation is a disadvantage of a corporation because the same party has to pay taxes twice on the income Double taxation is a disadvantage of a corporation because the same party has to pay taxes twice on the income. True or False I think its True but the only thing that I am questioning is it it is the SAME … [Read more...] about Double taxation is a disadvantage of a corporation because the same party has to pay taxes twice on the income
Taxes
Wife sold and repurchased stock she has had for a while, what percent is it taxed?
Greg G: Wife sold and repurchased stock she has had for a while, what percent is it taxed? I got married last year. Earlier that year, my wife had sold stock that she has had for quite a few years, 5+, and repurchased different stock. Basically, she shifted her portfolio around, is this taxable and if so, at which rate? Thanks. Answers and … [Read more...] about Wife sold and repurchased stock she has had for a while, what percent is it taxed?
Would a graduated tax system work well in a small government?
nygiantsfan: Would a graduated tax system work well in a small government? I'm not too deep into politics and taxes but I do know that conservatives believe in a smaller, less activist government that provides fewer services and less taxes or a flat tax rate and liberals believe in a big government and a graduated tax system where people with … [Read more...] about Would a graduated tax system work well in a small government?
How much taxes need to be paid on this (specific) lawsuit settlement?
cogasocfemale: How much taxes need to be paid on this (specific) lawsuit settlement? Hello All, I am getting 35,000 in backpay wages and 10,000 for compensatory damages. I live in the state of Maryland and I just want to know how many taxes will the state take out? What tax bracket does the 35,000 fall in? I want to know exactly what I will be … [Read more...] about How much taxes need to be paid on this (specific) lawsuit settlement?
taxes!!!!!!!!!!?
mikl0vl: taxes!!!!!!!!!!? i saw this video called "America: Freedom to Fascism " and its about of the taxes that we are suppost pay taxes, that law suppostly doesnt exist, is that true?? is there a law, can u tell me where to find it?? Answers and Views: Answer by ItsJustMeNo. Unfortunately, we need to pay taxes. Answer by … [Read more...] about taxes!!!!!!!!!!?
What would the taxes be if I won the Saint Jude Dream home contest in West Virginia?
P N: 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 … [Read more...] about What would the taxes be if I won the Saint Jude Dream home contest in West Virginia?
Will the IRS suspend taxation on dividend and interest income in the coming years?
N M: Will the IRS suspend taxation on dividend and interest income in the coming years? A few months ago I read on the net something in relation to this, and haven't seen any more about it. The story went that for the next threwe to five yrs. these incomes were going to be exempt from taxation. Now I wish i had printed it out or at least saved … [Read more...] about Will the IRS suspend taxation on dividend and interest income in the coming years?