Should I file my taxes online or see a tax consultant?

Should I file my taxes online or see a tax consultant?
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1 Answer

Answer :

I love TurboTax. I did my own taxes for many years, then I had HR Block do it for a few. Unless your taxes are really complicated, TurboTax is the cheapest, easiest way to do your taxes.
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Last Answer : This IRS website says that they are due the 17th http://www.irs.gov/newsroom/article/0,,id=169369,00.html

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Let's say you win $10,000. How much will they take out for taxes?

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If I file taxes via Turbo Tax or go to H&R Block, how long will it take to get a refund?

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Will I incur a tax penalty if I compute my taxes incorrectly when I file?

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A man strolls into a hospital emergency room where there is a long line up to the reception desk. He walks right to the front and clamly asks to see the consultant in charge. No one gets angry and the receptionist immediately phones. The consultant has never met this man, yet she hurries away from the ward to see him.Why? -Riddles

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Last Answer : The man is a florist delievering a bouquet of flowers for the consultant.

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Is it generally better for your credit score if you pay off old debts or if you file for bankruptcy?

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Have any of you tried to file bankruptcy on your own without a lawyer?

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Last Answer : hello darkness my old friend….

Does e file automatically adjust your claim for all the benefits due?

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Would it be fair to have a tax on unrealized capital gains?

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When filing your tax returns, can you designate a certain amount of your return to go to a second party, such as a lender?

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What tax precautions should we be taking?

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Wait, what? The right thinks if they reduce federal spending then we will climb out of all our problems and all the needs that these tax dollars were meeting will evaporate?

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Last Answer : answer:No, no, no. That would just be pushing the problem down so congress can look good playing high and mighty and not have to deal with it or the peeved, headache inducing, voters. ... , you die, whichever. Please avoid standing in the sarcasm for prolonged periods, it may prove disorientating.

Are re-invested stock dividends tax-exempt?

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Are federal tax returns running behind the posted dates?

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Last Answer : I’m still waiting on mine. It’s my money, and I need it now!

No politicking, just economics. Would simply taxing all goods and services work better than the American system of taxation? Akin to sales tax.

Description : No politicking, just economics. Would simply taxing all goods and services work better than the American system of taxation? Akin to sales tax.

Last Answer : I think, and have for awhile, taxing individuals is messy and inefficient. Taxing all goods and services is even more messy and inefficient. If I had to redo from scratch, I’d perhaps only tax corporations, inheritances, and capital gains as a way to simplify everything.

Can anyone explain sales tax in Colorado?

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Last Answer : answer:According to Colorado's government website: The City and County of Denver has a general sales tax of 3.62%, a 4.0% sales tax on food and liquor for immediate consumption, and a 7.25% sales tax ... with sales and use tax of .1%, and the Football Stadium District with a .1% sales and use tax.

What is the break down for one federal tax dollar in 2010?

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Filling Out Tax Information For The First Time?

Description : Filling Out Tax Information For The First Time?

Last Answer : You should use your own SSN, and just fill in the blanks that are shown. Tax is what you pay, not what you receive. The government charges taxes on income over a certain amount, and the Adsense company needs your SSN to report your earnings to the IRS.

When finding the tax on an item, do you round the number of cents?

Description : When finding the tax on an item, do you round the number of cents?

Last Answer : This question can be interpreted in two ways. If you mean Do you round the cost of the item to the nearest dollar, and then compute the tax? , then: No. The tax applies to the actual cost of the item, not a more- ... tax is 10.62 * 0.05 = 0.531. The total cost is therefore $10.62 + $0.53 = $11.15

Child Tax Credit?

Description : Child Tax Credit?

Last Answer : If you look at the bottom of the link you posted, there is a link to pub 972 which has a worksheet. Basically, you take 110k off whatever your AGI is, so let's say your AGI is $130k. You take ... Or for any number inbetween there, you basically lose $50 of the credit for every 1,000 in income (5%).

Can someone answer another tax question?

Description : Can someone answer another tax question?

Last Answer : You can claim what ever you like, but if you have to pay at the end of the year, you will have an underpayment penalty if you owe more than $1000.

Can someone answer a tax question for me?

Description : Can someone answer a tax question for me?

Last Answer : You’ve simply got to file this year’s return, and file for the years past as well. You can get on line to the IRS home page for past years forms.

Do you plan on spending your tax rebate check (thus stimulating the economy as intended) or will you save your money?

Description : Do you plan on spending your tax rebate check (thus stimulating the economy as intended) or will you save your money?

Last Answer : Probably going to end up blowing it on stupid stuff. Though I’d really like to save it if possible.

With the "$600" tax rebate from the government in effort to boost the economy,what will u do with yours?

Description : With the "$600" tax rebate from the government in effort to boost the economy,what will u do with yours?

Last Answer : Save it. Part of the reason the economy is tanking is because Americans are overextended in debt—both on an individual level, with maxed-out credit cards and houses leveraged to the max, and on a collective level, with soaring federal deficits to pay for military adventurism.

I am unemployed. Do I pay federal tax on interest rate income i make from investing in treasury notes?

Description : I am unemployed. Do I pay federal tax on interest rate income i make from investing in treasury notes?

Last Answer : I would check the IRS website….but you probably do have to pay taxes on that income if it exceeds a certain amount.

How much tax can I expect to pay on my first paycheck?

Description : How much tax can I expect to pay on my first paycheck?

Last Answer : Be sure and include money for the Self Employment tax (a little more than 14% of gross) that you will need to pay too. Federal varies. To be on the safe side, I save out 25%. Some people do 30%.