Query by Destiny: If I was because of a tax refund previous year but forgot to file, will I nonetheless get my refund for this yr? I had prepared my tax documents last year but in some way I forgot to send them in. I was because of a refund for 08. I by now filed for 09, and am also because of a refund. Will this 09 refund be delayed since I forgot to file final 12 months? Also, I’m going to file previous year’s now…but will th…
Filed under Am I Due A Tax Refund by on Mar 22nd, 2011. 2 Comments.
uals and corporations have to pay but it actually brings in much less revenue for the federal government than most people would think. In fact, the total collections during the 1990s were between $25 billion and $30 billion a year. In the USA, capital gains are not indexed for inflation which means that the seller pays capital gains tax on the real gain and also on the gain attributable to inflation. This is one reason that the capital gains tax …
Filed under Tax Refunds by on Jul 26th, 2009.
! 2. Capital gains and losses are classified as long-term or short-term. The classification breaks down ontad a, how long youve owned the capital asset in question before selling it to someone else. If it has been less than a year, it is a short-term gain or loss. Hold on to it for more than a year and you are looking at a long-term gain or loss when reporting taxes. Each classification requires different tax calculations and you will ultimately …
Filed under Tax Refunds by on Jul 25th, 2009.
e tax deadline. First of all of course we have Jim Lange, CPA Attorney, bestselling author of the book, Retire Secure! and we drug him out of the office tonight. We have Steve Kohman; Steve you have been with Jim for what, 15 years? Steve Kohman: Yeah, about 15 years; thanks for dragging me out of his office! Beth Bershok: Well Steve has been busy. Steve is a CPA, he’s a specialist in estate planning, he’s a Certified Valuation Analys…
Filed under 60 Second Tax Refund by on Mar 1st, 2011. Comment.