LasVegasPasses.com: How about this for a 'fair' taxation theory? Keep in mind that this is purely for theory and entertainment purposes! Rather than continuing with the burdensome labor of collecting taxes from the citizenry for the running of the Federal government, what if the Fed just printed the money that it needed for its operations? Yes, … [Read more...] about How about this for a ‘fair’ taxation theory?
Taxes
What educational degrees would best equip one to understand taxation, paycheck stubs, & retirement investment?
anonymous: What educational degrees would best equip one to understand taxation, paycheck stubs, & retirement investment? I would like to take some classes. Any specific classes to take to better manage personal finances and be more keen on catching paycheck stub errors as well as understanding how to live smart by not overworking and getting … [Read more...] about What educational degrees would best equip one to understand taxation, paycheck stubs, & retirement investment?
Do I need to file taxes quarterly as an independant contractor if I qualify for the earned income credit?
Jen: Do I need to file taxes quarterly as an independant contractor if I qualify for the earned income credit? I am new to filing as an independant contractor. I read I will need to file quarterly but also saw this on a site: Who Must Pay Estimated Tax If you had a tax liability for 2005, you may have to pay estimated tax for 2006. General … [Read more...] about Do I need to file taxes quarterly as an independant contractor if I qualify for the earned income credit?
How much money does the government take out of online contest prize money?
WhiteWood: How much money does the government take out of online contest prize money? Yeah, so I'm a filmmaker who enteres ALOT of online film competitions for money. I hear ALOT of the time that the amount that they say you can win is never the amount you get because they take taxes out. But I have NO IDEA how much money that is. Is there an … [Read more...] about How much money does the government take out of online contest prize money?
Is having my tax refund directly deposited through Turbo Tax different than regular direct deposit?
Quake22: Is having my tax refund directly deposited through Turbo Tax different than regular direct deposit? The reason I ask is that I have not received my economic stimulus check yet and my SSN is under 19 (so I was supposed to receive the direct deposit by now). I filed my taxes through Turbo Tax and my refund was directly deposited in my … [Read more...] about Is having my tax refund directly deposited through Turbo Tax different than regular direct deposit?
What tax do I pay when living in a state without a sales tax?
cheryl m: What tax do I pay when living in a state without a sales tax? If I live in NH which does not have a sales tax and buy an auto in MA which does have a sales tax do I pay MA sales tax or would there be no sales tax due to the fact the car would be registered in NH? Answers and Views: Answer by Digital HaruspexYou would have to pay … [Read more...] about What tax do I pay when living in a state without a sales tax?
Taxation on work done for Canadian Client?
David N: Taxation on work done for Canadian Client? Hi Everyone, I currently live in PA and have a fulltime job. However, I have just recently starting doing freelance website work for a company in Canada. I was wondering what the tax implications for the money earned from this work would be? I am usually paid through PayPal, but on larger jobs I … [Read more...] about Taxation on work done for Canadian Client?