Are you prepared to ask tax related questions?

Are you prepared to ask tax related questions?
by

1 Answer

Answer :

People have already started asking them. My prediction is most people in real life will think they paid more or less based on the wrong numbers. They’ll look at how much they received back or had to pay, rather than the total they actually paid. They’ll listen to the TV or talk radio and make the statistics fed to them by their political side the gospel, and not get the whole picture. There will be a percentage of people who do know the real answer to whether they were better off with Trump tax changes or not.
by

Related questions

On this U.S. Tax Day, what are your thoughts about our current income tax system vs replacing it with a simplified flat sales tax across the board?

Description : On this U.S. Tax Day, what are your thoughts about our current income tax system vs replacing it with a simplified flat sales tax across the board?

Last Answer : answer:Poor people would end up paying significantly higher percentage of their income to tax. The people who can least afford it would be penalized even further.

Is it legal to deduct med. insurance premiums on Fed or state tax returns?

Description : Is it legal to deduct med. insurance premiums on Fed or state tax returns?

Last Answer : I'm not an accountant, but I do believe you can deduct your med premiums up to the limit of your percentage of adjusted gross income

Do you believe that, during your lifetime, the current USA federal income tax (and the IRS) will be eliminated and replaced with a federal sales tax?

Description : Do you believe that, during your lifetime, the current USA federal income tax (and the IRS) will be eliminated and replaced with a federal sales tax?

Last Answer : I don't think a national sales tax is the answer. Now, I'm no economist, so my logic may be faulty but here goes: For the purposes of this example, assume all 3 families consist of 2 adults and ... fair and across the board is to go with a flat percentage rate tax on income only, paid by everyone.

Do you feel sorry for these people or are they getting what they deserve for trusting Trump ?

Description : Do you feel sorry for these people or are they getting what they deserve for trusting Trump ?

Last Answer : Is it possible to feel both?

Do you ever bait scammers?

Description : Do you ever bait scammers?

Last Answer : Never been to an apple store.

How do you dispute the IRS?

Description : How do you dispute the IRS?

Last Answer : answer:I'm very confused by your question. You say that you received an IRS notice for non-payment of state taxes. The IRS collects federal taxes, period. The IRS has no authority, whatsoever, with respect to ... at the notice, verify who sent it, and sort through its issues, I'll try to help you.

What is wrong with the IRS?

Description : What is wrong with the IRS?

Last Answer : I was once on hold (not the IRS) for two hours only to find out that the office was closed that day. “Stay on the line your call is important to us”, bull crackers. My life stops when I am on hold.

Child custody-without a lawyer?

Description : Child custody-without a lawyer?

Last Answer : answer:You can’t. There is a welter of confusing and conflicting information. You need to contact a lawyer with the appropriate expertise immediately. Making arrangements via Facebook won’t wash as will ignorance about who is supporting your daughter legally. For your daughter’s sake, do it right.

If my husband hasn't received his W-2 form from his ex-employer, is there any way he can get it by another way?

Description : If my husband hasn't received his W-2 form from his ex-employer, is there any way he can get it by another way?

Last Answer : I would think the best way would be to give them a call. They are required by law to make that available.

In making occupational field-trips, the pupils should Options: A) Be accompanied by the teacher at all times B) Be prepared to ask questions from their guide C) Discuss their visits upon returning to school D) All the above

Description : In making occupational field-trips, the pupils should Options: A) Be accompanied by the teacher at all times B) Be prepared to ask questions from their guide C) Discuss their visits upon returning to school D) All the above

Last Answer : D) All the above 

Documents prepared after the fixing of the tax rate.

Description : Documents prepared after the fixing of the tax rate.

Last Answer : Write the names of historical places, persons, and events: 1. Documents prepared after ... Upanishads texts in the Persian language from Sanskrit.

We handle a large volume of tax returns here. How has your experience prepared you for this?

Description : We handle a large volume of tax returns here. How has your experience prepared you for this?

Last Answer : During college, I participated in the IRS's Volunteer Income Tax Assistance program. For two nights a week from February through April, I spent a few hours preparing individual tax returns in a public ... find some past experience that proves to the interviewer he can handle a large volume of work.

Which of the following is an example of an assurance engagement?a. Management advisory services b. Reporting on financial statements prepared using other comprehensive basis of accounting. c. compilation of financial information d. preparation of tax returns

Description : Which of the following is an example of an assurance engagement? a. Management advisory services b. Reporting on financial statements prepared using other comprehensive basis of accounting. c. compilation of financial information d. preparation of tax returns

Last Answer : Reporting on financial statements prepared using other comprehensive basis of accounting.

Published the list of monthly gurus of Ans Bangla of March 2020 ? After discussion and review, the list of winners of Ans Bangla Monthly of March 2020 was finalized. This list has been prepared by verifying the quality of questions and answers of the respondents as stated. First Winner - Rs. 500 Second Winner - Rs. 350 Third Winner - Rs .

Description : Published the list of monthly gurus of Ans Bangla of March 2020 ? After discussion and review, the list of winners of Ans Bangla Monthly of March 2020 was finalized. This list has been prepared by verifying the ... stated. First Winner - Rs. 500 Second Winner - Rs. 350 Third Winner - Rs .

Last Answer : answer:

Period within complaints should be prepared in case of VP, loss /damage of regd& ins article, other complaint related to inland post, miscarriage /destruction of postal order & SP is a) 12 month, 3 month, 6 month, 12 month, 1 month b) 24 month, 6 month, 9 month, 1 month, 2 month c) 36 month, 1 month, 6 month, 9 month, 2 month d) 6 month, 3 month3 month, 9 month, 1 month

Description : Period within complaints should be prepared in case of VP, loss /damage of regd& ins article, other complaint related to inland post, miscarriage /destruction of postal order & SP is a) 12 month, 3 month, 6 month, ... 1 month, 6 month, 9 month, 2 month d) 6 month, 3 month3 month, 9 month, 1 month

Last Answer : a) 12 month, 3 month, 6 month, 12 month, 1 month

Accounting/tax questions about doing a good deed?

Description : Accounting/tax questions about doing a good deed?

Last Answer : You have to have something like the Coalition , for the unchaining would be your not for profit . The fire department is more complicated. 501 ( c ) 3 is the cleanest, lead time for that ... that can only happen with the non-profit status. We have gotten several corporations that now sponsor us.

Where can I get help for my tax questions for completing my business taxes and getting the most return from them?

Description : Where can I get help for my tax questions for completing my business taxes and getting the most return from them?

Last Answer : You should seek the advice of a qualified CPA to get information on taxes. They will be able to provide you with advice and console on all tax issues.

What is the toll-free IRS number for answering tax questions?

Description : What is the toll-free IRS number for answering tax questions?

Last Answer : The phone number for tax questions is 1-800-829-1040 . You can also visit www.irs.gov for help.

what kind of test questions are asked on a tax test qualify as tax preparer?

Description : what kind of test questions are asked on a tax test qualify as tax preparer?

Last Answer : You should be given real tax forms and case studies of various types of tax returns to be done on the tax forms with paper and pencil and a calculator. Even though you will be doing actual returns on the ... you to learn the theory behind the tax software. How do I know this? I am a tax preparer.

How do I know if I need a tax attorney for my IRS questions?

Description : How do I know if I need a tax attorney for my IRS questions?

Last Answer : Usually a tax attorney can be found in your area in strip malls at chain tax preparation places like H.R. Block. You can also consult a regular attorney to get a referral for a good tax attorney.

Where online can I find answers to income tax questions?

Description : Where online can I find answers to income tax questions?

Last Answer : You can go to any of the free online tax preparations site, turbotax.com, taxact.com etc and they have all the new laws listed. You can also go to irs.gov and find information about all the new laws and the requirements for them.