The Tax Preparation Blog

Archive for September, 2008

Question: Can i file complaint in income tax department against my father for not paying income tax ever ?

I am working professional based from Jaipur and presently working in Delhi/ NCR. Is there is a way to lodge a complaint against my father for not paying income tax ever even if he has made huge money?
am working professional based at Jaipur and presently working in Delhi/ NCR. Is there is a way to lodge a complaint against my father for not paying income tax ever even if he has made huge money?

Answer: Any one who is aware of the existence of black money (money out of which applicable taxes including income tax, wealth tax etc has not be paid) with any person can report regarding this to the taxation department & get a reward for such information if found correct, but if such information was found to be incorrect & false then such informant can even face criminal prosecution under section182 Indian Penal Code for giving such wrong or false information to any public officer. Beside this the personal relationship between the informant & the person against whom such information was given get spoiled. Consider all these aspects before such a complaint is ultimately made.

First Edition Cycling News, Thursday, December 31, 2009

With a new team of twenty-five riders Team Sky has its work cut out when it comes to creating race programmes but senior team director Scott Sunderland believes that it’s possible to keep everyone happy and that there will be no preferential treatment shown towards home-grown talent.

If you have recently been laid off and are considering career options, it may be well worth looking into the field of tax preparation. This is a career with minimal entry requirements, offers a great deal of scheduling flexibility, along with attractive earnings potential.

It is a fact that many of those who have been laid off are older workers who may face some barriers with regard to obtaining new employment but are also not yet ready to retire. The relatively short length of training needed to start work in this field (little as 10 weeks) combined with the earnings potential, even working on a part time basis, provides these workers with a ready method by which they can remain in the workforce while ensuring a steady stream of income.

Even if you are not thinking to make tax preparation a long term career, it can still provide a method of earning an income while seeking work in your field. Much tax preparation work is performed on an evening and weekend basis since most clients are unable to visit the office during the work week. In addition, by performing this work you will be gaining some valuable skills that can be readily transferred to nearly any career. You may even find that what you thought would be a temporary “gig” until you locate suitable employment in your field, turns into a long-term situation! Many tax preparers continue to perform this work on a part time basis while also holding full time career.

If you have been laid off from a career within the banking of financial sectors you will find that many of the skills you have developed in your prior career are directly applicable to the field of tax preparation. The specific areas of similarity include:

In the end, no matter the industry from which you come, the field of tax preparation can be a great way to supplement your income or launch a whole new career! The most important prerequisites for entry into the field are basic facility with numbers and good people skills. The rest can be learned! Take the time now to start looking for a tax course today.

Tribune pays tribute to top 10 stories of 2009

As the year draws to a close, The Tribune took a look back at the news that was made in 2009.

Energy Auditors Training | http://Cool-Green-Jobs.com

Question: Can someone explain how to collect NY State sales tax for online sales and then report and pay the tax to NY?

How hard is it to figure out what is owed, since NY has different rates for different counties. Also, how hard is it to file and pay? I don’t expect to have a lot of NY sales, since I will be just starting an online retail business.

Answer: It is actually very easy to pay. If your business is located in NY and you only collect sales tax in Ny, then the first step is to fill out a DTF-17. You can get this off of the NY department of revenue website, or just google it. After you are registered, there is a phone number on the form that you can all and they will tell you how to file your sales tax online. Depending on how much sales tax you collect a month, you may only have to file on a quarterly basis. But first things first, fill out a DTF-17

Retail sales frenzy outstrips Christmas shopping rush

• More bank holiday shoppers than days before Christmas • Retail sales boosted by panic-buying to avoid VAT increase Supermarket groups Asda and Tesco today pledged to hold some prices ahead of Friday’s rise in VAT amid signs that consumers are panic-buying to avoid the New Year’s Day tax increase. Shoppers flocked to the high streets and out-of-town retail centres in huge numbers over the long …

Your Money: Online Sales Taxes

An automatic kid motorbike can create an excellent present for your kid. It’s lightweight, adaptable and easy to use. Before purchasing your child an automatic motorbike, although, always consider about what preventive measures to take.

Shall you get your child an automatic motorbike?

Pediatricians had noticed that riding motorbikes, skateboarding cycling had caused a lot of accidents. This is perhaps one reason why kids below 5 years old aren’t to use motorbikes. If your toddler is 6-10 years old, then he/she can drive a motorbike accompanied by an adult. If your toddler is over 10 years of age, then he/she can use a motorbike without an adult guidance. But, it is still better to mandate safety guidelines. There are motorbikes for every age bracket, so acquire for details on which automatic kid motorbike your toddler should obtain.

What features should an automatic kid motorbike have?

When buying around for an automatic kid motorbike, inquire about its safety advantages as well as its characteristics. If you want to avoid accidents, buy an automatic motorbike for your toddler that has 2 wheels at the back. Because this kind of motorbike looks to be steadier, and it is better for kids who are already 6-10 years old. Look for a motorbike that has no small wheels and are away from each other. A motorbike with this type of design is sometimes wobbly.

Purchase for an automatic motorbike with brake handles that replace the foot brakes. Kids will able to grip brake handles better. With the use of handle brakes also lets the child to be more focus on staying firm on the motorbike. Motorbikes can also come with handlebars pads too.

What safety instructions can your child obey when driving an automatic kid motorbike?

Same as everybody who drive skateboards, bikes and scooters a kid needs to use protective gears for the body like elbows and knee pads along with helmet before driving an automatic motorbike. Always educate your toddler to wear helmet the first time he/she will ride a motorbike. This step will aid the child in getting used of wearing these protective gears all the time.

Tell your toddler to prevent inclining forward excessively, especially when doing corner turns. Leaning forward can make the motorbike flip over, no matter what type of scooter it is. The difference with an electric motorbike doesn’t need you to push the motor without your foot.

Lastly, warn your kid about driving in traffic, at night and in bad weather. Traffic has the risk for motorbikes getting hit by vehicles, because these scooters have no natural light, it can affect driving at night and during bad weather which might cause you fall or slip.

Look for the best features of an automatic kid motorbike and use this instruction. With the instructions and proper use, the automatic kid motorbike is an A-1 gift for your toddler.

Fewer takers for new off-peak cars

HIGH certificate of entitlement (COE) prices are putting the brakes on off-peak car (OPC) sales, even as they were starting to take off after revisions were made recently to make such cars more popular with motorists.

WE SAY NO to the BIKE PARKING TAX – 16 AUGUST 2009

Question: If I owe the state of California back taxes and am currently paying, will they intercept my federal tax return

I currently pay my back taxes at 700 per month. For the first time ever, I am due a federal tax refund. Will the state of California intercept it if I am paying them now?

Answer: if you are currently paying they may not keep yourn return,but it is possible that they will and just credit that to your balance

California faces more budget pain, cuts in 2010

SACRAMENTO, Calif. – During last summer’s fiscal crisis, Gov. Arnold Schwarzenegger borrowed the title of a film classic to describe California’s budget, saying it contained “the good, the bad and the…

California “New Home” Buyer Tax Credit