TAX TIME, are you giving or recieving?

[pdaddyII]

Just filed mine today, should be getting around 4K deposited into my savings account. Shit it is going to be hard not to spend it.

Are we still supposed to get a stimulus check?

 

[SpyWizard]

yea, the stimulus check is they keep your refund to stimulate the state you live in...

 

[binö]

i pitched this year
about 4k too, felt great to stimulate the economy by blowing 2k in a few days buying shit

 

[Smurfy]

i owe. a lot.

 

[pdaddyII]

yea, the stimulus check is they keep your refund to stimulate the state you live in...

Well mine has been approved already so they better follow through and deposit that paper.

Are they only keeping refunds of those in the higher tax bracket?

 

[pdaddyII]

i owe. a lot.

That sux, I have never had to pay. How flexable are the payment options? They don't charge interest do they?

 

[Smurfy]

That sux, I have never had to pay. How flexable are the payment options? They don't charge interest do they?

lol yes they charge interest. i havent gotten any info on the payment plan yet - need to do that.

 

[daringone]

Giving, big time

 

[SpyWizard]

Well mine has been approved already so they better follow through and deposit that paper.

Are they only keeping refunds of those in the higher tax bracket?

a couple of states are threatening to keep it.. the feds though.. well they have proven that at their discretion they can tax you at 90%.. so i know that's change..

 

[miplank]

i had to pay...just wrote the check a few days ago.

 

[pdaddyII]

lol yes they charge interest. i havent gotten any info on the payment plan yet - need to do that.

Don't laugh at me woman!

 

[miplank]

payment plan is for suckers!

 

[pdaddyII]

lol yes they charge interest. i havent gotten any info on the payment plan yet - need to do that.

What is the going interest rate?

 

[ceo]

you guys need better accountants! Smurfy and plank, you guys have have kids. Mitch you should have write offs for your business too. It's all about the accountant. Since we've been using our guy, we've gotten so much back. It's so worth it to pay him $300 for the tens of thousands he gets us back!

 

[miplank]

you guys need better accountants! Smurfy and plank, you guys have have kids. Mitch you should have write offs for your business too. It's all about the accountant. Since we've been using our guy, we've gotten so much back. It's so worth it to pay him $300 for the tens of thousands he gets us back!

I only had to pay like 480...no big deal

 

[miplank]

you guys need better accountants! Smurfy and plank, you guys have have kids. Mitch you should have write offs for your business too. It's all about the accountant. Since we've been using our guy, we've gotten so much back. It's so worth it to pay him $300 for the tens of thousands he gets us back!

also, quarterly taxes are usually about 10 grand. While there are a lot of deductions..there is a lot of income. Plus multiple companies blah blah blah.

 

[ceo]

what about your personal taxes? Should be able to get money back on those. Business is different. I was thinking personal.

 

[puddlemonkey]

Got 3k back, thinking about going COTB just to bomb Mitch daily.

 

[ceo]

Got 3k back, thinking about going COTB just to bomb Mitch daily.

wouldn't need to bomb him daily. I think COTB bombs last for like 3 days and no one can diffuse them! It may be worth a 3 month membership just to keep him blacked out for that long.

 

[canadianhitman]

I'm definately paying in...question is how much. My accountant will be letting me know soon enough.

 

[jnevin]

I'd be getting back but I still owe from years ago. That balance is finally getting down to something manageable so whatever.

 

[musclemom]

I always have to pay state, since I don't pay state quarterlies.

Anything that comes into my favor with fed just gets rolled into reducing my quarterlies. This year I don't have to pay quarterlies until June, which is cool.

I LOVE my CPA! I hugged that man this year! And he's only $135, totally worth the money!

 

[SpyWizard]

yep, over time the best money ever spent and time spent is with your accountant.. I spend $495 per quarter with him, and it has saved me $10,000s of thousands of dollars every year..

 

[rnch]

because of the disparity between private industry and the government pay scale; i feel civil service employees' salaries should be tax free.

 

[ortiz34]

i feel civil service employees' salaries should be tax free.

This folks, is the mentality of your government workers.

The bloated pensions that you state workers get is tax free when you retire.

Now you want tax free income?

 

[musclemom]

because of the disparity between private industry and the government pay scale; i feel civil service employees' salaries should be tax free.

I missed grossing $19K last year by about sixty dollars, it was the best year I'd had since I stopped being paid on a W2

 

[rnch]

...The bloated pensions that you state workers get is tax free when you retire...

WRONG, penis breath! if i live long enough to take retirement; i will be taxed on the proceeds just like every other American.

 

[ortiz34]

penis breath?
wtf?

 

[miplank]

penis breath?
wtf?

I guess the saying "it takes one to know one" is true. LOLOL