The Tax Preparation Blog

Posts Tagged ‘government’

Question: Regarding US citizen retireing to a free world country.?

If a US citizen who is now retired & drawing SSSA & a military retirement decides to retire to a free world country ie; Philippines, my question is this. Are those annuities still subject to Federal Income Tax as well as CA state taxes?

Answer: Thats a good question.

I would suggest that you consult a tax attorney near you or try and speak with someone in the IRS to be sure.

It’s best to be absolutely sure so that the American government won’t try and stick you with tax evasion charges.

Good luck and have a great retirement.

Tom Hayden: The Peace Corps at Fifty

The Peace Corps remains a shining example of what US foreign policy might be. It is far more important than the military model in addressing the overwhelming crises that will give birth to violence in our future.

(Video 1) Military Part 1

Question: What is the cheapest way to file taxes online?

My tax return is pretty simple since all I have is a W2. Is the cheapest way to file both federal and state (NJ) returns to file the federal tax return through a free online service like Turbo Tax and the NJ taxes through the NJ.gov website? Someone please help me!

Answer: Just go to IRS.gov and click on FreeFile. It should take you to a link that offers free federal filing. I chose turbotax free file. I only had to pay 9.95 for the state. OR If you really wanna choose the freebie route, go to your local VITA/TCE Site, they’re all IRS trained volunteers who will efile your taxes for free.

Rally touts tax cap amendment

Although the wording on the ballot might be confusing, the choice on amending the state constitution to include property tax caps is simple, according to state Senate President Pro Tem David Long, R-Fort Wayne.

How to File Your Taxes Online : How to File Taxes Online at IRS.gov

Question: How to contact the California Franchise Tax Board?

I want to speak to a real person regarding setting up an monthly installment plan to pay off my taxes. Does anyone know if there is a number where I can get in touch with someone who can help me out? As of now, I only have the number to the automated system that answers general questions. If you can provide me the correct phone number, I’ll award you 10 points right away.

Answer: You can apply on line at http://www.ftb.ca.gov/online/eia/index.asp and propose a monthly payment of about 2% of what you owe.

The published phone number is (800)689-4776

Dan Morain: Brown turns a tax cut into class warfare

You knew the race for governor would come to this: a clash between the classes.

California Franchise Tax Board

Question: RAL denial from liberty tax service?

I applied for ther 24-48 hour RAL.I was denied I dont know why, I do not owe IRS Child Support or any student loans. I received the visa debit card from liberty tax service. When my federal refund be direct deposited to that card or will it be a check?
I have never been denied a RAL. I did owe IRS last year and paid it then.

Answer: Go for direct deposit. You will get your refund in two weeks without paying outrageous fees.

Morris County developer convicted of tax evasion to be paroled from federal prison

Salkind ROCKAWAY TOWNSHIP — Morton Salkind, the Morris County developer and one-term state assemblyman convicted of tax evasion, will be released Sept. 29, after serving 366 days in federal prison. On Aug. 25, Salkind, 78, was moved from Butner Federal…

Federal tax rebate scam

Question: buying a car …help ?

me and my family are new in toronto, canada. It’s been two years since we’ve come here. My mom works in a Dollar Store and dad is a part time professor at Centennial College. Being part time, he doesn’t get paid much; about $600/mo and mom makes about $1000/mo and i have two more bros (age 13). and i (Grade 12) work at Mcdonalds make about $300/mo. so you can see that our financial status is very poor.
Well now i feel that buying a car has become very necessary for us. For different reasons it’s really hard to live without a car and specially in winter.

So is there any possibilities that Ontario Govt can help us by putting low tax and insurance on car. We have the money to buy the car but tax and insurance are the main problem to face.

if so how and what to do to make govt lower that taxes or can we take social service help?

plz any help appreciated. thanks in advance..

Answer: The government won’t lower the taxes on your car, sorry. They can’t really do much to help you in this situation. Insurance coverage is more up to you and your company than anything or anyone else. You can pay for the least expensive option but if you get into an accident you might be completely screwed.

The best option is to take your budget and remove from it the cost of insurance and tax. If that leaves you with an almost non-existent budget, then you need to save up for a while. Cars are never cheap and they need to be planned for with money in the back in case something goes wrong. In situations like yours, provisions need to be made not just for the cost of the vehicle but for all of the inherent maintenance and fees.

Conrad Black tax evasion charges dropped by the Canada Revenue Agency: lawyer

TORONTO – Chalk up a Canadian legal victory for Conrad Black, the former newspaper publisher who is fighting to have his U.S. fraud convictions overturned.

Final Return and Tax Planning | Deceased-Tax-Returns-Canada.com (Toronto Services)