Description : Is turbo tax a good program to use to help me file taxes online?
Last Answer : There are many programs available online for filing taxes. Turbo tax and TaxACT both offer help when needed along with free tax software preparation. http://www.taxact.com/ http://turbotax.intuit.com/"
Description : If I file taxes via Turbo Tax or go to H&R Block, how long will it take to get a refund?
Last Answer : answer:I just did mine through the TurboTax free edition. I got my w2 on 1/15, filed on 1/18. The IRS began processing refunds on 1 / 30. Mine cleared in my bank account on 2/8. They’re pretty damn quick. Direct deposit is the way to go.
Description : I throw litter out of my car on a regular basis,is this wrong seeing that i pay my taxes and part of my tax money goes to help keep the streets clean it also keeps people in work?
Last Answer : Yes. It’s wrong. The hospital also patches up people who have been shot. It doesn’t mean you should help keep them necessary.
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.
Description : Can a tax chart help you to figure out how much money you owe in taxes?
Last Answer : Yes, a tax chart help you to figure out how much money you owe in taxes. You can find a tax chart online.
Description : Does starting a new business help you with your tax refund when filing taxes.?
Last Answer : My best suggestion is to inform yourself with information from different resources concerning what starting a new business will do for your taxes. But to directly answer your question then yes, it will ... small business owner. Here is their website to learn about it. www.irs.gov/businesses/small/
Description : Where can I take an income tax course in Raleigh, NC?
Last Answer : You can prepare for tax season next year. You can get free training with H&R block before the tax season begins
Description : What kind of math course should I take if I want to learn about fractals?
Last Answer : answer:The actual math required to build a fractal is quite straightforward. The thing that sets it apart from ordinary high school algebra is that instead of an equals sign in the equation there ... of order on chaotic systems? 2-How small can the repetitive fractal features of nature get?
Description : What course is best to take to learn painting?
Last Answer : I took a watercolor class in college and was actually pretty good. I even had some pieces shown at a local gallery. Having said that, I can’t draw anything to save my life. Second Paint by number.
Description : Is there an online course I could take to learn more about socially responsible investing?
Last Answer : www.investopedia.com has an article concerning online courses about socially responsible investing. The course is done by email, and seems to be somewhat respected.
Description : Can I claim foreign tax credit carryovers for past years even though I didn't file taxes during those years?
Last Answer : You’d be better off with an accountant for this question.
Description : Does it bother you that the tax laws are set up so that the very rich (i.e. Mitt Romney) pay a smaller percentage of taxes than you probably do?
Last Answer : Sure: I think it bothers most of the 99%.
Description : Should I file my taxes online or see a tax consultant?
Last 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.
Description : What online personal income tax software for both federal and state taxes can you recommend?
Last Answer : I recommend online personal income tax software for both federal and state taxes, as well as software to help you file an extension if you need it.cutt.ly/JjWSDSE
Last Answer : : Under the Income Tax Ordinance 1974, two types of taxes are levied: 1) Personal Income Tax 2) Corporate Income Tax
Description : ARE THE TAXES A BUSINESS PAYS ON SUPPLIES, TRAINING , UTILIES ETC... CAN THAT BE USED AS TAXES PAID ON THE TAX FORMS?
Last Answer : Need Answer
Description : How do I make arrangements for tax payment for taxes I owe to California Thanks, VHar?
Last Answer : How do I make arrangements for tax payments for taxes I owe to California?
Description : Why do we have to an inheritance tax when the previous owners paid taxes on them when they purchased them?
Last Answer : Inheritance taxes and property taxes are entirely separate issues. Regardless of whether or not we agree with taxes you still have to abide by them. I personally don't agree with the scope of inheritance taxes, however the government considers an inheritance taxable income.
Description : Will I incur a tax penalty if I compute my taxes incorrectly when I file?
Last Answer : There will be a tax penalty if the error you made resulted in less taxes to be paid to the IRS. If you overpaid as a result of your error, then of course you don't owe any penalty at ... are offering a guarantee to pay for any tax penalties that result from mistake they made when filing your forms.
Description : Will I be able to deduct a portion of my local property taxes from my NY state income tax?
Last Answer : No. However, you can deduct property taxes from your federal tax liability.
Description : on my city tax, if i owe no taxes and aren't getting a refund, can i file a day late?
Last Answer : No you need to file anyway or depending on your city they will pentalize you for being late then have to pay a pentality for being late in filing
Description : Can an IRS tax attorney file an appeal for back taxes?
Last Answer : Yes, an IRS tax attorney can help you file an appeal. You should talk to the IRS tax attorney and ask him to help you file an appeal. Filing the appeal probably can be done through him.
Description : I want to file my taxes on my computer this year. Is there any tax filing software for free Or hardly any cost?
Last Answer : You can file your own taxes online using H&R Block's software, TurboTax's software and man others and save over $100-$200 on your tax returns. Prices may vary upon the required tax documents
Description : If I am approved for a tax extension how long do I have to get my taxes done and sent in What happens if I go over?
Last Answer : Usually if you are approved for a tax extension you will have until October to file your taxes. If you aren't done by October you can file again, but you may not get approved.
Description : Where do I find income tax return forms for my taxes?
Last Answer : There are many places to find an income tax return form, You can do it online, it is now an option in this day and age. You need to ensure the information is up to date.
Description : Learning How to Do Taxes with Tax Courses?
Last Answer : Many people dream about being able to do their own taxes. The good news is that it is quite easy for any person to turn this dream into a great reality. A person can truly learn how to do his or her ... easy to use an online course for how to do taxes, since a person simply has to listen to the o
Description : When you pay more than you owe in taxes and the IRS gives you money back, that money is called _________. A. A tax refund B. Gross pay C. Estimated tax D. An audit?
Last Answer : A. A tax refund
Description : A multistage sales tax with credit for taxes paid on business purchases.
Last Answer : Ans. VAT
Description : Which of the following taxes is exclusively and totally assigned to the Central Government by the Constitution? (1) Estate Duty (2) Sales Tax (3) Taxes on Railway Fares and Freights (4) Corporation Tax
Last Answer : (4) Corporation Tax Explanation: The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Centre and the State. Article ... taxes on capital of companies; estate duty in respect of property other than agricultural land, etc.
Description : Which of the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states? (1) Expenditure Tax and Gift Tax (2) Additional Duties of Excise in lieu of Sales Tax (3) Stamps and Registration (4) Taxes on Advertisement
Last Answer : (4) Taxes on Advertisement Explanation: Apart from taxes levied and collected by the States, the Constitution has provided for the revenues for certain taxes on the Union List to be allotted ... exchanges and future markets; and Taxes on sale and purchase of newspapers and advertisements therein.
Description : Which one of the following taxes is collected and utilized by the State Governments? (1) Personal income tax (2) Corporation tax (3) Land revenue (4) Custom duties
Last Answer : (3) Land revenue Explanation: The Constitution allocates the taxation of agricultural income to states. Lan revenue is a major source of revenue for states in India. For purpose of ... Commissioner, also known as Collector indicating his responsibility for the realization of all Government revenues.
Description : What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods
Last Answer : (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. Explanation: A value added tax (VAT) is a form of consumption tax. A VAT is like a sales tax in that ... under the single tax system based primarily or exclusively on one tax, typically chosen for its special properties.
Description : The incidence of Tax refers to - (1) Who pays the Tax? (2) Who bears the burden of Tax? (3) How Taxes can be shifted? (4) Who transfers the Tax burden?
Last Answer : (2) Who bears the burden of Tax? Explanation: In economics, tax incidence is the analysis of the effect of a particular tax on the distribution of economic welfare. Tax incidence is said to "fall' upon the group that ultimately bears the burden of, or ultimately has to pay, the tax.
Description : )The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into - (1) codification of tax laws (2) the entire structure of tax ... generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system
Last Answer : (4) aspects of generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system Explanation: The Central Board of Direct Taxes (CBDT) ... steps to prevent generation of illicit funds through transactions in property, bullion and equity market.
Description : Forced Savings refer to - (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees
Last Answer : (1) Reduction of consumption consequent to a rise in prices Explanation: Forced saving is an economic situation in which consumers spend less than their disposable income, not because they want to ... free economy, this situation would normally result in increase in prices and inflow of more goods.
Description : Which of the following taxes is not collected by the Central Government? (1) Income tax (2) Customs duty (3) Professional tax (4) Excise duty
Last Answer : (3) Professional tax Explanation: A professional tax, also known as an occupation tax or a professional privilege lax, is a tax that a professional must pay to receive the right to practice a ... and a professional who has clients in more than one state may owe professional taxes in several states.
Description : Under the Economic Growth and Tax Reconciliation Act of 2001, when will estate taxes be eliminated? A. 2008 B. 2009 C. 2010 D. The estate tax will not be eliminated
Last Answer : D. The estate tax will not be eliminated
Description : Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax
Last Answer : c. the sales tax
Description : When my income was $100,000, I paid $10,000 in taxes. When my income became $200,000, I paid $40,000 in taxes. My marginal tax rate is: a. 10% b. 20% c. 30% d. 40%
Last Answer : c. 30%
Description : 4. Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax
Description : Personal taxes in India best illustrates a (a) Proportional tax system ; (b) Progressive tax system (c) Indirect tax system ; (d) Value added tax system
Last Answer : (b) Progressive tax system
Description : GDP at factor cost exceeds GDP at market price (a) When the factor income from abroad is negative ; (b) When depreciation on fixed capital exceeds income in investment; (c) When direct tax exceeds indirect tax ; (d) When subsidies exceeds indirect taxes.
Last Answer : (d) When subsidies exceeds indirect taxes.
Description : GDP at market price exceeds GDP at factor cost by the amount of revenue raised through ………………. (a) Direct taxes ; (b) Indirect taxes ; (c) Income tax ; (d) Tax on rents
Last Answer : ; (b) Indirect taxes ;
Description : Which of the following taxes are levied and collected by the centre but their net proceeds are wholly transferred to states ? (1) Expenditure Tax and Gift Tax (2) Additional Duties of Excise in lieu of Sales Tax (3) Stamps and Registration (4) Taxes on Advertisement
Last Answer : Taxes on Advertisement
Description : Which one of the following taxes is collected and utilized by the State Governments ? (1) Personal income tax (2) Corporation tax (3) Land revenue (4) Custom duties
Last Answer : Land revenue
Description : Forced Savings refer to (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees
Last Answer : Reduction of consumption consequent to a rise in prices
Description : The incidence of Tax refers to (1) Who pays the Tax ? (2) Who bears the burden of Tax ? (3) How Taxes can be shifted ? (4) Who transfers the Tax burden ?
Last Answer : Who bears the burden of Tax ?
Description : The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into - (1) codification of tax laws (2) the entire structure of tax ... generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system
Last Answer : aspects of generation of black money, its transfer abroad and bringing back such money into India’s legitimate financial system
Description : Which of the following taxes is not collected by the Central Government ? (1) Income tax (2) Customs duty (3) Professional tax (4) Excise duty
Last Answer : Professional tax