All Tax Tips

Why do Liberals think paying Payroll and Sales taxes are an excuse for not paying Income taxes?

alltax — Tue, 31 Jan 2012 02:21:06 +0000

Liberals are always saying that they should not pay any income taxes because they pay payroll and sales taxes. Why can’t they just admit that they don’t want to pay any taxes because they are lazy?

I dont want federal income tax take out my paycheck?

alltax — Thu, 26 Jan 2012 02:25:49 +0000

Is there anyway I can stop them doing take federal income tax out of my paycheck? I found that there is no law for it require to pay income tax. Is there any way I can tell my job not to let them take tax out of my money? Ive been learn alot there is … Continue reading

Why is my Federal income tax blank on my W-2?

alltax — Tue, 03 Jan 2012 00:00:34 +0000

I got my w2 today from work in the federal tax withheld box theres nothing i paid 7561.75 i clamied married and 0 ? is there something wrong it even states that on my check stubs i just look at the 2009 withholding table and it says married and bi weekly if your check before … Continue reading

Would it be wrong to ask questions concerning federal income tax?

alltax — Sat, 31 Dec 2011 00:00:25 +0000

and learn how the monetary system works?

I posted a few questions concerning Federal Income and tax and they were deleted.
strat, I was trying to understand why the tax was called a ‘federal income’ tax but Ive recently learned federal income tax pays for the salaries in the white house.

47% of Americans pay no Federal Income tax. What percent of Americans should be allowed to pay nothing?

alltax — Sun, 25 Dec 2011 00:00:24 +0000

We are all served by the Federal government. What percent of our citizens should be allowed to pay no Federal Income tax at all? I didn’t ask about other taxes. I don’t care about other taxes. We are all protected by the military and served by the Federal government so how many people should pay … Continue reading

Should the federal income tax be collected at a flat rate?

alltax — Sat, 24 Dec 2011 00:00:18 +0000

Personally, I’m against progressive taxes, as well as taxes with a set dollar amount. The former would be unfair to the rich and successful, whereas the latter would destroy the working class.

I think a flat rate sounds like it should at least satisfy most people – the rich aren’t having to pay a higher percentage of their salary, but still pay more in dollar amount.

So far seven states have a flat tax rate as a statewide decision, but should it expand to the federal income tax as well?

Is federal tax and income tax the same?

alltax — Thu, 22 Dec 2011 00:00:15 +0000

I have searched this up and cannot find a real answer. Sometimes my searches come up with federal income tax. I am really confused and have a project that needs me to calculate federal tax of the provided paycheck. It gives me the percentage for income tax but not federal.

When do you need to obtain a retail sales tax permit in Iowa?

alltax — Thu, 15 Sep 2011 07:09:03 +0000

I am a contractor in Iowa. I am obviously charged sales tax when I purchase goods for a job. The customer is in turn charged this sales tax on the final invoice along with the rest of the material prices. Do I need to obtain a sales tax permit and file it quarterly with my … Continue reading

warrants(derivatives)?

alltax — Wed, 14 Sep 2011 19:11:55 +0000

Hello fellow financiers I’m a first year finance student, I recently came across warrants which I believe are a great investment especially if they last until exercised. However, I do have a few questions;
1. Who issues warrants in the US and UK and how/where do we purchase/view the warrants issued
2. What are the tax policies of warrants in the US, I believe in the UK they will be taxed as capital gains, right??
3. Any further advice for someone interested in investing in warrants in the future
Thank you all for your help.

How to stay motivated in boring Tax Accounting Class?

alltax — Wed, 14 Sep 2011 17:44:58 +0000

I’m a finance major and am currently taking a tax accounting class. The book feels like a 600 page instruction manual with no soul. I start zoning out after reading one page. Any tips on maintaining concentration in a class this dry and boring?