sjbraden: Does the tax code obligate a tax preparer to report mistakes? For example, let's say an accounting firm has been wrongly doing calculating something for several years before learning of their mistake. Does the Internal Revenue Code or any Circular require a tax preparer to report the mistakes to the IRS? If so, is there a penalty for … [Read more...] about Does the tax code obligate a tax preparer to report mistakes?
Taxes
When In US History, Has Increased Taxation Been Good For The Economy?
cargo pilot: When In US History, Has Increased Taxation Been Good For The Economy? Today, we face historical debt and increased taxation, with no end in sight for government growth and spending. When in US history, has massive spending and taxation been good for the economy? Answers and Views: Answer by Matthew DWWII Answer by brucec83You … [Read more...] about When In US History, Has Increased Taxation Been Good For The Economy?
Arrived in Australia 2 months before the end of taxation year, Australian resident for tax purposes?
stoups_2000: Arrived in Australia 2 months before the end of taxation year, Australian resident for tax purposes? I arrived in Australia as a permanent resident on May this year and i still haven't found any job yet until the end of June. I intend to live in Australia permanently. Does that count me as an Australian resident for tax purposes for … [Read more...] about Arrived in Australia 2 months before the end of taxation year, Australian resident for tax purposes?
What are the tax situations when the wholesaler must prove who exactly the retailer is that bought their goods?
h0mgrts: What are the tax situations when the wholesaler must prove who exactly the retailer is that bought their goods? What are the situations when the wholesaler must to prove to the taxing authority who exactly the retailer is that bought their goods? >Q1:Why wholesale companies asking EIN? >A1(tkahrs12122): When goods are sold sales tax … [Read more...] about What are the tax situations when the wholesaler must prove who exactly the retailer is that bought their goods?
If I sell my house without putting the proceeds into another house, how can I avoid taxes?
pandjnewton: If I sell my house without putting the proceeds into another house, how can I avoid taxes? My employer will build a house and allow my family to live in it rent free. We will sell our house. We will make quite a bit when we sell our house. Since we won't be reinvesting in a house, I am wondering how to avoid taxation. Answers … [Read more...] about If I sell my house without putting the proceeds into another house, how can I avoid taxes?
Doesn’t the bickering between left and right boil down to taxation and representation?
Boober: Doesn't the bickering between left and right boil down to taxation and representation? Our original independence was based on taxation without representation. These days it appears that the opposite is occurring, as in no-taxation, but with representation (for a growing body of people). Wouldn't a solution be to reserve the right to vote … [Read more...] about Doesn’t the bickering between left and right boil down to taxation and representation?
How do business taxes work when your business is located on the border of two cities?
: How do business taxes work when your business is located on the border of two cities? The business is located on the border of Los Angeles and Beverly Hills. I am receiving statements from both cities about business tax registration. Do I need to renew my business tax license in both cities? Do I need to provide gross receipts generated to both … [Read more...] about How do business taxes work when your business is located on the border of two cities?