California state import tax law?
I am a resident of California since Jan 2007. But, I was working as contractor till Aug 2007. My consulting company be based surrounded by NJ. So, I was paying NJ taxes.My question is: Am I required to pay the CA toll as well for this interval (Jan 07 - Aug 07)?
Answers: No,you have already compensated taxes in NJ so, you do not have to report it to CA.
You want to file element year returns for both states.
What is Revenue/expense ratio?
Answers: revenue is how much you make.
expenses are how much you spend.
ratio is just the percentage what is greater from whatever is that you compare. such as if your liabilities where 10% more than what you made, then your Revenue/expense ratio is -10%
If your revenue was 40% more than your expenses, then your Revenue/expense ratio is 40%.
It is basically the net profit ratio, ie how much you earn compared to how much you have to spend to earn it.
Wages garnish by IRS?
If I am already on a payment plan beside the IRS, will they still keep my return?Answers: Any refundable credit that posts to your account will be thwart to any balance due. Period.
yes you owe you pay envelope