What is the slaes charge contained by California?
Question:Answers:
California has oodles special taxing jurisdictions (districts), which are funded by a transactions (sales) and use tariff rate that is added to the standard statewide rate of 7.25%, potent January 1, 2002. The tax rates for these districts reach from 0.125% to 0.50% per district. In some areas, there is more than one district toll in effect. In others, at hand is no district tax within effect.
I live in Los Angeles County and the slaes excise here is about 8.25%...!
The breakdown by district can be found on the website below.
http://www.boe.ca.gov/sutax/pam71.htm
Other Answers:
7.750%
Source(s):
I live surrounded by California
7.25 check the website for the county you go to
8.25% ive lived contained by cali all my duration (34) years
It depends on the city. The state rate is 6%.I live in San Francisco. People drive 20 miles south to purchase big ticket items because the sale tax is so much lower. Sales due differ from county to county. In Los Angeles county I think the sale tax is currently 8.5% of the total of what you purchase except food items which are exempt surrounded by all the counties.
I deem in Orange county the charge is 8% of the total of what you purchase.
At one time a few of the stores were to the point of asking you what county you reside surrounded by thus charging you the tax for that county, sometimes the banker will ask your zip code.
I see they own stopped that practice.
I hope this has be of some use to you, good luck.
"FIGHT ON" "California have many special taxing jurisdiction (districts), which are funded by a transactions (sales) and use tax rate that is to say added to the standard statewide rate of 7.25%, effective January 1, 2002. The export tax rates for these districts range from 0.125% to 0.50% per district. In some areas, in attendance is more than one district tax surrounded by effect. In others, there is no district excise in effect."
The breakdown by district can be found on the website below.
Source(s):
http://www.boe.ca.gov/sutax/pam71.htm GO here:
http://www.boe.ca.gov/cgi-bin/rates.cgi?LETTER=S&LIST=CITY
it depends on what town you live within
Source(s):
yahoo 7.25% is the statewide sales duty rate. There can be supplimentary sales due allowed up to 8.75%
Source(s):
Wikipedia
how to avoid triggering AMT?
Question:I triggered AMT, which made my mortgage interest not tax deductable. How to work around it?Answers:
Top Ten Things that Cause
AMT Liability
SEE URL
http://www.fairmark.com/amt/topten.htm
Other Answers:
Sell everything, present to the poor, then you'll be surrounded by such a low bracket that you won't pay taxes at adjectives.
AMT is alternative minimum tax- it is a seperate tax rate for individuals who hold a high income. For example:
$58,000 if you are married file a joint return or a qualified widow(er),
$40,250 if you are single or boss of household, or
$29,000 if you are married filing a separate return.
http://www.irs.gov/newsroom/article/0,,id=107843,00.html
If ur income is superior than the amounts above will trigger AMT.
I suggest itemizing (finding tax credits and deductions) to lower the AMT charge amount.
Source(s):
I am a tax professional
duty prep: is this those gross income> $3100? (04 guidelines) dependent examination. thank you!!?
Question:A woman's father lived with her and her husband adjectives of 2004 until his death contained by Nov. 2004 (so I know that makes him a dependent). here is my problem, his sources of income be 1900 (salary - taxable), 3200 SS benefits (non-taxable), and 3500 unemploy benefits (taxable). First question, would this be gross income of 5400 (3500+1900) since the SS benefits are excluded? Here is my problem, he deposited $5000 of into a stash account and never used it (it does not specify what sources he took the $5000 from) so, do i assme that the $5000 come from the $5400 since that is his true GI? Also, it say the "remainder" of his support of $7500 was provoded to him by his daughter and son-in-law, $5100 of that be from funeral expenses, are funeral expenses considered support under the dependency oral exam?Bottom line, can this father be considered a dependent, or does he not come across the 04 criteria (50% support from child) and is his GI > $3100? Please help, thank you vastly muc
Answers:
Unemployment benefits count towards his gross income, so he is not a dependent because of his earnings of $5400 for the year
FYI
Funeral costs are not support, but rent or mortgage payments, utilities, food, transportation provided and similar expenses do count. If he be a dependent any medical expenses paid by taxpayer would also count.
The precise source of his funds wouldn't matter if he qualified for dependency exemption.
The five thousand surrounded by decedent's bank portrayal, if inherited by taxpayer is not a taxable event to taxpayer; (if the gross estate exceeded $1.5 million the estate would clear tax.)
Other Answers:
Dependency status null when the father-in-law passed away. All support provided after that resembling funeral expense could not be counted . $5000.00 in his justification would be inheritance and not be counted as income from other source.
Gross income includes unemployment compensation, so is over the shorten for claiming the father as a dependent. Doesn't matter if he put it ALL into a stash account - what he did near the money can apply for the support test, but have nothing to do near the gross income test. So he does NOT assemble the criteria for being a dependent. To be a dependent, he would own to meet ALL of the test: support, AND gross income, and the others.
Sorry - I know that's not the answer you were hoping for.
Source(s):
IRS Pub 17 for 2004 returns
Yes, you can claim the father as dependent, since he never used the money he rec'd. Plus, income question paper is for EARNED INCOME not for SS benifts and etc. But Surely consult a CPA before doing it.
Medical Deduction for Van Conversion?
Question:If I purchase a van and modify it for a wheelchair user (me), is the modification deductible as a medical expense? Does it matter if I purchase it already modified?Answers:
no its not a medical conclusion
Other Answers:
Yes. You can deduct for a van conversion, however you can merely deduct the cost of modifications that are important for your particular condition. You can surrounded by no way reduce by the cost of the van itself.
yes you can deduct the Modification cost merely, and don't play smart. Don't Buy a trash and then try to return with it fixed. Will you take Itemized Deductions or Standered? Plus Medical Deductions are Subject to % Of your Gross Income.
I infer so. There should be an IRS publication on medical expenses like this ... see irs.gov and do a explore.
why the petrol price hikes presently a days?
Question:why recently the petrol price hikesAnswers:
OPEC make sure that production of petrol increases in a controlled process such that there is other a scope for increase within the price of petroleum., (ever read any newspaper heading 'OPEC TO CUT PRODUCTION AS THE PRICES PER BARREL IS HEADING SOUTH' ?) and of course increased constraint from Emerging markets are making a Party time for OPEC.,
Further within the Indian Context., we need to buy dollars to buy petroleum., and you adjectives know that rupee will never be allowed to be appreciated against the Dollar., so cost of the Dollar is also effecting the prices of the petroleum .
Other Answers:
Driven by the futures' market and supply and constraint. Lately Chinese demand for grease has be growing steeply as the nation modernizes.
i m myself a middle class guy.But I support the hike. InIndia except for the salaried relatives nobody pays taxes. Petrol is predominantly used by rich people who dont reimburse their taxes.
Now, if there is no wander, the oil comanies will hold to suffer loses, this lose will be borne by the salaried people.
On the other foot if there is walk, oil companies will remain profitable, they can cut cost of refining in the long occupancy with their profits. Their profits will organize to more exploration. Their profits will also promote developmental activities.
As to the requirement of hike , grease was sold at 44$ per gallon few yrs spinal column now it is 70$.
to my path of thinking there are three reason the most popular one being that the grease companies are very greedy the subsequent reason is that the grease executives are very greedy the third plea is because as consumers we just sit on our hand and let it start Hi There,
This is a good press,actualy the oil companies make the same profit border offcourse the higher the price the better is the cut.As for your Q. it is all just about supply and demand...When the grease companies notice that the consumers dont mind paying for the gas at any price so why not putting it up? So the best style to reduce the price is to cut down the usage of gas within certain ways.How? If your sports car takes 20.0Gal to cram then put just 10.0Gal it will keep you going for 2-3 days depends...and when you primed for the next crowd do the same....Now here is your choice that you enjoy to decide aboout not minding stop to permeate your car 2-3 times a week this agency the price got to shift down.You may ask whats the different between fill it up right away than 2-3 times a week?Yes at hand is, the oil companies have there own projection and study how much gas they would put on the market a day, if this estimation gose down consequently they have to consider to put down the price to achieve the goal of put up for sale they want,cause their grease Re-finery can not stop or reduce production so they hold to cut the price down to increase the sell,also some facts around the gasoline, the product vapor at (-40 C) and this means they hold to empty their tank ASAP, also the gasoline will go bleak if it stays long time in storage. Put it this agency what would happen if Half of city of detroit for example approved not to fill gas for one week and they will use other mode to travell like buses motorbikes sports car pooling etc? it will be a price drop like zilch else, here in North america we own our own oil souk and we do have lots of grease more than any country in the world, but the grease companies they would find any execuse to hike the price,.Thank You.
NG. Petrolium Teck Well Madhu Ji, you are not alone, even surrounded by New York we are suffering from these Gas (Petrol) Hikes, but can not really survive with using Cars right?
What is the pre export tax disparity ratio on the idea of recommendation of fifth medium discharge commission?
Question:Answers:
its 10.7
Think u appeared for Pub Ad CS(P)!
Good luck!
how can i capture my irs accoumt harmonize?
Question:Answers:
Call them. 8OO-829-1040
Here's a list of adjectives the phone #s:
http://www.irs.gov/newsroom/article/0,,id=103554,00.html
Other Answers:
in my description
Source(s):
the top of the page
8OO-829-1040
How potent is offering an submit to compromise to the IRS yourself. Is a excise advocate needed?
Question:My tax debt is extremely high, near no ability to repay due to form. I need to bring this resolved.Answers:
The Offer-in-Compromise is very tough to secure (less than 17% were approved ultimate year). You can fill out a Form 433A and Form 656 and submit 3 months of bills and proof of income to try and do it yourself. I don't recommend it. I urge you to hire a CPA, Enrolled Agent, or Attorney. Not adjectives CPAs, EAs, or Attorneys do Offer work. You need someone beside experience.
Whatever you do, don't hire some company that advertises on TV that they "can settle for $20" or some trellis ad that say "save 99% on an Offer." Hire a local being or if outside your area, a fitting professional, not some "tax resolution" company.
IRS is getting tremendously tough. Don't ignore IRS parcels. Before you can qualify for an Offer you must have adjectives tax returns file and you must be current on 2006 taxes. A new tenet is going into effect that will require a downpayment with any Offer.
Other Answers:
You might want to consider speaking beside CPA. Their rates can be much less than an attorney and plus they are purely as knowledgeable.
A legal representative would probably be very adjectives on this one. I think you can do it yourself, but you would be much better sour with someone that know the tax system and how to contract with the IRS.
Er, and I can`t bear lawyers contained by general, but I infer for your question, you inevitability one.
-Dio
If you hire someone with experience you are more probable to get a better treaty than if you went on your own. They know how much you can achieve and will be less credible to take a impossible deal. It really depends on your own personal variables.
Get within touch with these family to see if they can find you a free lawyer.
Try to win an experienced one.
http://www.abanet.org/
It doesn't hurt to try, but using a lawyer isn't the answer, I honestly would first try an accountant that you are comfortable with. You will be especially suprised at his or hers answer.
The IRS has officer for that task and they are adjectives you need.
Getting lawyer or a CPA involved it will only complicates things and put in costs.
You If you deal near the IRS directly on this matter you will find its not nearly as doomed to failure as you imagine.
I work next to a local tax firm. The IRS will work next to you as long as you dont try to avoid them or lie to them. You can write a adversity letter to the IRS stating you are unqualified to pay due to down related problems. This can possibly lower or even elimidate the debt you owe. You can also set up payment plans next to them. . They will as you to make an initial contribution (make as much as you can) and the rest you can pay contained by installments. Whereever you live, there are local tac firms that may be likely to help you beside this. Also I can suggest you call the TaxPayer Advocacy Hotline @ 1-888-912-1227 I really hope this help.
I am a recent accounting graduate and from what I have academic in a recent tariff class, the IRS is very accommodating when it comes to the ability to settle. If you can prove that the taxes would cause and undue deprivation, I don't think you will enjoy a problem getting your tax slate cleared.
Initially you could contact your local IRS organization and set up an appointment to talk near an agent or just step in to see one. Explain your situation. Explain that within is no way you can settle up the debt and to do so would create an "economic hardship" on you. The agent can abet you file any forms essential. If you don't get the right result nearby are tax advocacy folks who can relief you with your casing. Look in your local phone book.
Not a duty lawyer, try a levy advocate. With the right circumstances the debt can be forgiven.
I go avon and i inevitability to know how much taxes to give on nearby?
Question:Answers:
http://www.taxadmin.org/fta/rate/sales.html Here is a complete listing of state sale tax as of 2006. Good luck and distribute me a catalog :).
Other Answers:
where? its different adjectives over US
it depends on the state U live in! look how much your sale tax is?
Avon should enjoy provided you with a duty chart. Check with your supervisor.
Source(s):
Mom sell too.
whatever your local taxes are thats is what you donate...but you also need a export tax permit to charge taxes. you also cant charge taxes if u didnt compensate taxes for the supplies.
If your in canada taxes is two: 7% GST AND PST plus the shipping which is 70 Cents.put in that to total cost of your customers order.it's surrounded by avon receipt already simply have to follow the reception
You should check with your local tariff office where on earth you can obtain a export tax permit and get hold of any other information you need.
Most states hold sales rates reporting forms on line that you can download. They usually are separated by counties, and dispense the state rate separate from the county rate.
Where I live we do not have city taxes.
You can probably gain a tax visitors` guide from your state, too.
I used to sell Avon, and you should christen your District Manager or the Rep that signed you on. They should have gone over everything beside you before you started selling and should hold given you a tax chart. Tax is base on where you live (city and county rates rate) In my case, I other charged sales toll because Avon always charges sale tax. It's your responsibility to collect the import tax for them(Avon) or you'll get stuck paying out of your own pocket. Also, cause sure when you fill out the instruct slip, to charge for shipping, because you have to recompense for that as well. It should be pre- printed on the writ slip.
how much is 1 $(singapore) within indian ruppeess??i really call for it urgently.please hurry up..?
Question:Answers:
You can always use this page:
http://finance.yahoo.com/currency?u
It say 1 $ singapore is: 28.699 indian rupees
Other Answers:
1 SGD = 28.9295 INR
so 28 rupees.
Here's a website for all currency conversion.
http://www.streetglo.net/international.currency.converter.html#
My rate represents the current exchange rate if you go today. Use this one.
Todays rate:-
1SD=28.699INR
Source(s):
http://finance.yahoo.com/currency/convert?amt=1&from=SGD&to=INR&submit=Convert
SGDINR=1 =28.699 Ruppees.
Source(s):
http://finance.yahoo.com/currency/convert?amt=1&from=SGD&to=INR&submit=Convert
UK Corporate Capital gain tariff?
Question:Can anyone tell me how corporate wherewithal gains is calculated surrounded by the UK, and at what percentage? I own a Ltd company which owns a flat, in which I live and which is my with the sole purpose home. I want to sell it and call for to know what my (or my companies) costs will be.Answers:
The gain is calculated as the proceeds received less the cost originally incurred smaller number an allowance known as 'indexation' which give you credit for inflation. The longer you have held the flat, the more credit for inflation you'll receive to drop off the gain.
The gain will be taxed at anything rate of tax the company pays base on profits. If it is a one-off stand alone company any profits or gains up to lb300,000 will be tax at 19%. Once the profits and gains exceed this sum the due rate begins to rise, reaching a rate of 30% once profits and gain for the year total lb1.5m.
Really too complicated to answer in a short query like this. Try the HMRC website for more info or speak to an accountant/tax guru.
Other Answers:
Bad structure there weak bean - no CGT on a personal residence you see; but the corporate structure has probably put you into a CGT position coz a fixed company is a 'person' in statute. There are structures around to eliminate such losses but the costs suggest that its only worth doing for gain exceeding lb300k. You need a clothed tax accountant to achieve you out of this one.
tariff allowances?
Question:Answers:
Personal Allowance is lb5035 for 2006-07 in UK
Other Answers:
You did not ask which allowance you be interested in so below is a cooperation to the HM Revenue and Customs site which has a table
http://www.hmrc.gov.uk/rates/it.htm
personal allowance formerly tax is roughly lb5000, so an OAP unloading just a allowance pays no income tax!!
Tax Question: Could I write sour the following as a Loss or Casualty....?
Question:My Dog was attacked on my property by another dog which be not on a leash. Thats a whole nother topic that have been handle. But I did incure about $100 within vet bills. When I file my 2006 income taxes, could I justifiably include this in the loss /casualty passage?Answers:
You can not claim any deductions have any thing have to do with pets. Even if they enjoy SSN's. I work at a tax firm. There are seriously of deductions taxpayers can steal but definitely not this one!
Other Answers:
I don't feel so because your dog is not listed as a dependent on your taxes.
==============================...
My initial thought on this would be .... NO ... UNLESS you are
surrounded by the 'business' of raising dogs, etc.
Just because you have vet bills for a dog ... regardless the reason,
I don't meditate qualifies for any import tax break. It it 'was', I'm sure you
would see all types of suggestion to it in the medium every year for
the average pet owner.
Since I'm not a Tax professional, I can only administer you my gut feeling on it.
Just too unpromising the owner of the other dog wasn't made liable to
repay for the expenses incurred.
==============================...
Unfortunately, you will not be able to claim such loss. According to the IRS:
Topic 507 - Casualty and Theft Losses
If your property is destroyed, worn out, or stolen due to casualty or theft, you may be entitled to a duty deduction. A casualty is the twist, destruction, or loss of property resulting from an identifiable event that is sudden, unforeseen, and unusual.
A sudden event is one that is swift, not gradual or progressive. It does not include wreckage from events such as termite infestation or deterioration from normal twine and weather.
An unexpected event is one that is to say ordinarily unanticipated and unintended.
An unusual event is one that is not a day–to–day phenomenon and that is not typical of the pursuit in which you are occupied. Examples of casualties include car accident, fires, earthquakes, hurricanes, tornadoes, floods, and vandalism.
More info can be found beneath IRS Publication 547.
At any rate, you should be able to "recoup" the $100 through small claims court, if the other dog owner doesn't make a contribution you the $$.
i am disabled and hold be for 4 years how do i folder renters rebate when i dont database feed taxes?
Question:Answers:
Where do you live? If you're in Pennsylvania, you own until June 30 to file, so inevitability to get it done hurried. Deadline was extended surrounded by 2005, but haven't heard anything give or take a few an extension in 2006. Most local libraries hold the forms you need, or check beside office of your state representative. Rent rebate form is totally separate from income charge filing.
Other Answers:
depend on what state you are contained by
for example Im in california
check this sites out
http://www.ftb.ca.gov/individuals/hra/index.html
what states do not excise NY state pension?
Question:we are both retired from NY state jobs, we want to move out of NY, but don't want to discharge income tax on pension.Answers:
there are some state that don't enjoy state tax
http://www.govspot.com/know/incometax.htm
Which states hold no personal income tax?
Seven states hold no state income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Two others, New Hampshire and Tennessee, rates only dividend and interest income. To see how other states compare, check out the Federation of Tax Administrators' book of individual income tax rates for 2001.
Other Answers:
Y'all come on down to Texas. We don't allow that carpetbaggin' state income charge here.