Taxes

beelea12: What are tax returns used for when approving mortgage? I forgot to file taxes in 2005. I have to turn in past 2 years tax returns for final mortgage approval. I filed the return right away, dropped it off at local office with check for balance. Will this hurt my chances of the mortgage going through? Bank had my W2s and tax returns will … [Read more...] about What are tax returns used for when approving mortgage?

HereAndNow: What taxes does the state of Illinois take out of you paycheck? What taxes does the State of Illinois take out of your paycheck and why? And how much does each tax (percentage wise) take from your paycheck? (Example: Medicare 2% of total earnings, etc.) Answers and Views: Answer by glamour04111federal, state, social security, … [Read more...] about What taxes does the state of Illinois take out of you paycheck?

BH: Does Greece have an agreement with the US against double taxation? Does Greece have an agreement with the US against double taxation?? I noticed they are on the list when you apply for the 6166 Form which protects you against being taxed for work in other countries. However, my temporary employer here is saying that no such agreement exists, … [Read more...] about Does Greece have an agreement with the US against double taxation?

mymax: How do you book payroll taxes when it is paid by an outside service? The taxes need to come out of the bank account for reconciliation. But I also would like to put it into the proper federal and state tax accounts. Answers and Views: Answer by McD CPASince payroll is done by a third party service, you will have to enter the payroll … [Read more...] about How can I book payroll taxes?

surferboy13131: How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan? How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan? The bank is charging me 4 months of prepaid taxes and an additional 6 months of prepaid taxes and 2 months of … [Read more...] about How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan?

Questionable_Doubt: 1st time tax prep looking for a way to prep friends and families taxes for free using electronic filing. Sugg? I will be assuming I am not self-employed since I am not billing friends and families anything. I am certified for 2008 and am willing to pay for a tax prep software - most likely tax act software. Answers and … [Read more...] about 1st time tax prep looking for a way to prep friends and families taxes for free using electronic filing. Sugg?

curious Bill: Isn't sad that a lot of local pubs are having to close because of extortionate taxation.What do you think? In the last 15 years I could name 30 pubs in my local area closed for good.But many new chain pubs opening up run by robot staff or are they cloned because every city I've been they all seem exactly the same.Souless! Come on Mr … [Read more...] about Isn’t sad that a lot of local pubs are having to close because of extortionate taxation.What do you think?