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Posts Tagged ‘True’

IRS TAX QUESTION – TRUE OR FALSE?

09 Jun

Zelda is married to Gary. They have a son, David, age 7. David lived with Zelda for the entire year and she paid all of the expenses of keeping up the home for herself and David. Gary has not lived with Zelda for two years but he did pay $1,200 in child support. Zelda and Gary will file separate returns. Zelda had wages of $20,000 and she paid Kid Care $3,100 to watch David while she was working. She signed Form 8332 to allow Gary to claim David as his dependent. Gary has wages of $35,000. Which of the following statements are correct? (Select the 3 answers that apply):

-Gary can claim the child and dependent care credit
-Zelda can claim the child and dependent care credit
-Zelda can file as head of household
-Gary can claim the child tax credit
-Zelda can claim the child tax credit

 
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Tax Questions — Is it true that I will get more money from my job because of a change in my tax deductions?

06 Jun

I want to join a home based business like Amway or something. Is it true that I will get more money from my job because of a change in my tax deductions? If this is true – what information will i need to give my job.(HR)

 
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Mortgage Cancellation Tax Relief – true or false?

18 May

i did yahoo search on Mortgage Cancellation Tax Relief and maybe 9 results with same articles, different links. i called irs today to confirm and a person said he hasn’t heard of it. he said usually, irs gets informed before publically announced yet isnt aware of such. also said it’s not easy to pin point the eligibility of 1099 bail out or not.
im filing chapt 7 because what irs web stated for ‘you may not owe 1099 if you are insolvent, or bankrupt’.
im backing out on a shortsale because of 1099 fear that i’ll owe irs for years.

am i making a good decision of filing bankruptcy and how can i rebuild my credit again…?

 
5 Comments

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Tax Relief 2008: Is it true that certain induviduals will not recieve the money?

14 May

I’m a 21/f college student, full time empolyee, and i have filled my taxes this year. Will i recieve the tax break? Because i heard there was a “blackhole” for people ages 17-25. I’m also not a dependant

 
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I found out today that you can find out when your tax relief checks are coming is this true?

28 Apr

he told me to go to the IRS web page and type the social security numbers and they will tell you when is coming is this true or false if you know the link please send it to me thanks

 
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is this true about GEORGE W. BUSH ? ?

25 Apr

i received a email from my cousin today and i read it and thought it was weird. i wanted to know was some of this stuff true.

EDUCATION AND EXPERIENCE:
Law Enforcement:
I was arrested in Kennebunkport, Maine, in 1976 for driving under the influence of alcohol. I pled guilty, paid a fine, and had my driver’s license suspended for 30 days. My Texas driving record has been ‘lost’ and is not available.

Military:
I joined the Texas Air National Guard and went AWOL. I refused to take a drug test or answer any questions about my drug use. By joining the Texas Air National Guard, I was able to avoid combat duty in Vietnam .

College:
I graduated from Yale University with a low C average.
I was a &nbs p;cheerleader.

PAST WORK EXPERIENCE:
I ran for U.S. Congress and lost.
I began my career in the oil business in Midland Texas, in 1975. I bought an oil company, but couldn’t find any oil in Texas .. The company went bankrupt shortly after I sold all my stock.
I bought the Texas Rangers baseball team in a sweetheart deal that took land using taxpayer money.
With the help of my father and our friends in the oil industry (including Enron CEO Ken Lay), I was elected governor of Texas .

ACCOMPLISHMENTS AS GOVERNOR OF TEXAS:
I changed Texas pollution laws to favor power and oil companies, making Texas the most polluted state in the Union . During my tenure, Houston replaced Los Angeles as the most smog-ridden city in America ..
I cut taxes and bankrupted the Texas treasury to the tune of billions in borrowed money.
I set t he record for the most executions by any governor in American history.
With the help of my brother, the governor of Florida, and my father’s appointments to the Supreme Court, I became President of the United States, after losing by over 500,000 votes.

ACCOMPLISHMENTS AS PRESIDENT:

I am the first President in U.S. history to enter office with a criminal record.
I invaded and occupied two countries at a continuing cost of over one billion dollars per week.

I spent the U.S. surplus and effectively bankrupted the U.S. Treasury.
I shattered the record for the largest annual deficit in U.S. history.
I set an economic record for most private bankruptcies filed in any 12-month period.
I set the all-time record for most foreclosures in a 12-month period.
I set the all-time record for the biggest drop in the history of the U.S. stock market. In my first year in office, over 2 million Americans lost their jobs and that trend continues.
I’m proud that the members of my cabinet are the richest of any administration in U.S. history. My ‘poorest millionaire, ‘ Condoleezza Rice, has a Chevron oil tanker named after her.

I set the record for most campaign fund-raising trips by a U.S. President.

I am the all-time U.S and world record-holder for receiving the most corporate campaign donations.

My largest lifetime campaign contributor, and one of my best friends, Kenneth Lay, presided over the largest corporate bankruptcy fraud in U.S. history, Enron.

My political party used Enron private jets and corporate attorneys to assure my success with the U.S. Supreme Court during my election decision.

I have protected my friends at Enron and Halliburton against investigation or prosecution. More time and money was spent investigating the Monica Lewinsky affair than has been spent investigating one of the biggest corporate rip-offs in history. I presided over the biggest energy crisis in U.S. history and refused to intervene when corruption involving the oil industry was revealed.

I presided over the highest gasoline prices in U.S. history.

I changed the U.S. policy to allow convicted criminals to be awarded government contracts..

I appointed more convicted criminals to my administration than any President in U.S. history.

I created the Ministry of Homeland Security, the largest bureaucracy in the history of the United States Government.

I’ve broken more international treaties than any President in U.S. history.

I am the first President in U.S. history to have the United Nations remove the U.S. from the Human Rights Commission.

I withdrew the U. S. from the World Court of Law.

I refused to allow inspector’s access to U.S. ‘prisoners of war’ detainees and thereby have refused to abide by the Geneva Convention.

I am the first President in history to refuse United Nations election inspectors (during the 2002 US election)

I set the record for fewest numbers of press conferences of any President since the advent of television.

I set the all-time record for most days on vacation in any one-year period. After taking off the entire month of August, I presided over the worst security failure in U.S. history

I garnered the most sympathy ever for the U.S. after the World Trade Center attacks and less than a year later made the U.S. the most hated country in the world, the large

 

Under the Small Business Tax Assistance Program is it true that a small business does not pay income tax?

06 Apr

Info here: http://lacity.org/finance/assistanceprogram.htm

I need some clarification. A friend of mine owns a small internet cafe with annual sales of less than $100,000. He thinks that this means he does not have to pay income tax. Can someone tell me if this is true or why it is not?

Thanks

 
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I owe between 17 and 20k to the IRS. Are the tax relief companies that help you settle for less true?

27 Mar

i have not filed for ‘06 yet.

 
6 Comments

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Is it true if you don’t live in Washington DC you don’t have to pay taxes?

25 Mar

Why should I pay taxes if no law requires it?
Ted has offered 50k to any one who can show him there are laws saying you must pay taxes. He said people pay taxes to keep IRS from harassing them. That there are tax codes but no laws.
What do you say is it true that we are decieved by the IRS & they scare us to pay taxes when we shouldn’t have to?

Do you believe in any of this information?

Why Pay – if no law requires it ? – www.abodia.com/irs 12/17/2008

Save $ 100s or $ 1,000s ! Learn laws & Supreme Court decisions – Don’t be fooled by news media. updated 21 Oct. ‘08

The Truth will set you free. Main Stream news, TV, books, education all close the doors of your thinking.

Million have discovered this information, but main stream will not include it.- Researchers are fighting for your liberty..

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Only 4 groups of people need to file & pay – you’re probably not one ! Maybe 3 % of US population who works for Federal Government.

Laws changed little, but there’s progression of writing confusing rules to keep you from knowing fundamental facts.

Fed. Inc. Tax doesn’t go to US Gov., but to PR Trust , then to Int. Money Fund abroad, where bankers ferments more wars.
Many beat IRS administratively (out of court) and in court. Know the law, you prevail.

According to former IRS agent, 67 million have quit filing and paying income tax.
Court cases defeat IRS. You benefit from knowledge, not show in news, TV, etc. – simply learn the actual laws.

- President Ronald Reagan’s Grace Report determined 2/3 of income tax is wasted – not a dime goes to any U.S. government program or service. It goes to private lenders. Our federal income taxes do not go to our US government.

From my research, I’ve found many reason you are not liable, and may step from their control.
You best advantage is based on gaining knowledge, and taking proper action.

Some have lost in court because they were not clearly informed, or did not take the proper action.
Learn from those who have successfully defeated the IRS.

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Tom Cryer, Louisiana lawyer beat IRS in Federal Court Summer 2007. His web site offers much useful information and a course of action. He has spoken to millions via radio, like Coast to Coast to show obvious point why he and most have no liability for inc. tax.

Tom Cryer, LA attorney freed ! acquitted by federal jury of 4 counts of IRS. He’s not paid taxes for 10 years. WorldNetDaily.com

Know this is real case. Send $ 6 to court to get copies of Fed. Court Docket. Go to Truth Attack web site to learn more.

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- 861 Evidence – Flash slide show

Tax law has not changed for decades, but the code interpreting and explaining IRC has changed many times, making it more confusing and harder to understand, so more people pay, not knowing the simple truth of why and how they are exempt.

in 1928 ? about 3.9 % of population paid, those in federal government, not private citizens, as the law dictated – then & now.

IRS Commissioner admits tax is voluntary & many drop from their rolls, 35 million at one time. NY Times noted many dropped out.
Supreme Court rules anything in conflict with constitution is null & void. Income Tax law compromises your 2nd & 5th amendment rights.

There are many legal reasons to Not File and Not Pay Income taxes – much is outlined here. Excise / appointment.

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Only these 4 groups of people need to pay Federal Income Tax

- those who live or work in Wash. DC, PR, Guam, federal territories
- those working for US federal government

- those that make income from foreign (overseas) transactions
- foreigners living in the united States who derive income in USA.

Wm. Conklin offers $ 100,000 reward to any who can prove we’re required to pay taxes.

Only those people. Most US residents do not have to file or pay income tax. IRS does not have laws or audit authority over most people. Constitution guarantees you Freedom in pursuit of life, liberty & property. IRS is foreign private corporation for profit working in US.

Income Taxes don’t go to US government, but to overseas bankers. Highway taxes pays for roads, property taxes pays for schools & programs.

 

What is usually true of the effective tax rate for real estate income property investments?

06 Mar

A.It is less than the investor’s actual tax rate.
B.It is more than the investor’s actual tax rate.
C.It is not affected by the investor’s actual tax rate.
D.It must be equal to the investor’s actual tax rate.

 
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Trs Files: True Stories Of Irs Relief And Tax Help

21 Nov


From the TRS Files (http://www.trsfiles.com), True Tax Resolution Stories: Matt owed the IRS $40,000 in back taxes, but thanks to TRS, only paid $1,500. Stuart faced a potential tax liability of $1…