Posted on June 13, 2009 by admin
Mandy asked: When they mail out tax return checks, what state do they come from? I live in California and I want to know when I will get it since it was mailed out Friday 03/09. Thanks
Continue ReadingPosted on May 31, 2009 by admin
jason n asked: My church recently split off and sold a vacant parcel of land. The Church is a 503C. Do we need to pay state and county real estate transfer tax on this sale?
Continue ReadingPosted on May 21, 2009 by admin
dsert_fox asked: If you own an S Corporation in Nevada and you receive all the checks and payments in Nevada. Do still get taxed in California? Do you have to be a Nevada resident? Or do you just get taxed Federal, because you earned everything in Nevada and Nevada does not have a State Income [...]
Continue ReadingPosted on May 16, 2009 by admin
cheetahalways17 asked: When I buy items on the internet for my business, I often do not pay the sales tax. What is the correct way to handle the use tax? Do I increase the purchase price by the state’s sale tax, deduct it, and then pay it to the state on my personal return? In [...]
Continue ReadingPosted on April 29, 2009 by admin
cheryann asked: I pay myself a salary each week from my weekly gross earnings and want to make sure that I am holding back enough to cover taxes. I am currently pay myself 2/3 of the gross each week and put the other 1/3 into an account for tax purposes. I am an independant clinical [...]
Continue ReadingPosted on February 27, 2009 by admin
tzs asked: I understand that if an individual invests in municipal bonds, they do not have to pay federal income tax on the interest, and usually do not have to pay state income tax on the interest either. But what if a corporation buys municipal bonds, do they have to pay federal income tax on [...]
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