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What is california's state tax on long term capital gains?
treated as ordinary income and taxed at your ordinary income tax rate. No breaks as in Federal !
Finding out how to start a small business for income tax rates.?
The best income tax rates for someone who wants to start a small business is to talk to a tax consultant. Doing this on your own is not a wise choice and a tax consultant can help maximize tax breaks.
Is heating oil subject to ny sales tax?
Yes, 22%.
What are the most common tax forms used for the 2012 tax year?
In the United States there are two forms that are used far more than any other for tax filing purposes. They are the 1040 and the 1040EZ. The 1040 is the standard Internal Revenue Service form and covers a variety of tax breaks and credits while the 1040EZ is a more simplified version for people that are single and typically without dependents.
What federal tax credits are available for 2010 tax returns?
There are many tax credits available for 2010. Energy credits are of big interest as this is the last year you can claim them. There are also credits for dependent care costs and charitable donations.
What is the tax break for oil companies?
They get the same tax breaks that any other corporation gets for failed projects or in their case failed drill attempts. They are allowed to write off a portion of the expenses associated with the project. Also the media has been reporting it as 4 billion dollars in tax breaks....it is actually 2 billion and the big 5 oil companies paid over 37 billion in taxes last year.
do students get tax breaks and are they big tax breaks?
Students are eligible for education tax credits which can help cover some of the costs associated with being a student. There are two types of education tax credits: Hope Credit Extended and Lifetime Learning Credits.
What tax breaks are available for ROth IRAs?
This differs from other tax benefits in that it doesn't give tax breaks on the money you have in the account, it gives tax deductions on your withdrawals. To get this you have to meet some requirements but they are easy to do. You should not deposit more than roughly $2000 per year with this account to maintain the tax breaks.
How are tax breaks and tax credits alike?
They both help to lessen the amount of tax owed
What is the difference between Traditional versus Roth IRA?
The tax breaks for a "Traditional" IRA are tax-deductible where as the tax breaks in a "Roth" IRA are never tax-deductible. For more detailed information, speak to a financial adviser.
What are the advantages of personal relationship?
tax breaks
Your breaks squeek but your break pad are good?
oil your breaks
If I made a car donation can I qualify for a tax deduction?
No this year they are giving no tax breaks for that.
How else could the state have attempted to ensure that fracking continued?
It could have offered other cities tax breaks to allow the activity. -apex
How could one get tax deductions in the UK from automobile donations?
The United States has tax breaks when donating a car but there are no such breaks in the UK. One can donate their car to charities but will not receive any tax deduction.
Where does eliot engel live?
Wherever there are tax breaks.
What are some advantages of teen pregnancy?
Tax breaks!
