Archive for the ‘Tax Terms’ Category
Taxable Sales Definition
Work At Home Tele Reps $10/hr
What Does Plus Tax Mean

Question: what does "you the whole package plus you pay your taxes" mean?
From song "Nothing on you" by B.O.B.
Not not not nothing on you babe
Not not nothing on you
Hands down there will never be another one
I been around and I never seen another one
Look at your style they ain't really got nothing on
And you out and you ain't got nothing on
Baby you the whole package plus you pay your taxes
And you keep it real while them other stay plastic
You're my wonder women call me mr. fantastic
Stop.. now think about itwhat does this sentence mean?
"And you out and you ain't got nothing on
Baby you the whole package plus you pay your taxes"Thank you very much
Answer: never heard the song (r the group) but i think -you the whole package means uv got beauty, body and brains.
plus you pay your taxes could mean that you actually get out and work.but i think the whole phrase just means -- youre all that & a bag of chips!
(which after that statement the guy whistles, howls like a wolf, stomps his feet...:)
Going Galt Surviving Economic Armageddon.wmv
What Do Tax Exemptions Mean

Question: Please tell me how to submit tax proofs in case of two employers in a year ?
My new employer(B) has asked for form16/sealed tax computation sheet from previous employer (A) , for tax proof submission.
but as far I know A used to give form16 after financial year. Then what do they mean by sealed tax computation sheet.
Also I more query, i had declared investment for X amount with A.but due to some reason I could not do that , thus I dnt have proof for the same. then hoe B will deduct my taxes and how to get exemptions for house rent for whole financial year.
Any help will be appreciated.
thanks in advanceAnswer: This is the correct procedure. But most Firms have a Tax declaration procedure where you declare the income and deductions from your previous Firm or at-least the income. You have to submit the Form-16A or Form 12C from A to B which they will use to revise your calculations. If your tax deductions are huge, you could do this, ask your new firm to ignore all income from previous firm also - they should since they do not have any proof for this also. You then declare both in your final filing of returns. You might end up paying some interest in case you need to pay further tax in this case.
All investments other than medical bills and rent (HRA) can be claimed with B for the whole FY. The first two need to be with separate Firms. If you have missed them, there is no work-around.
I hope it helps.
High earners escaping tax
I'm feeling a bit left out when it comes to taxes . The problem is that I seem to pay them. Apparently, I'm doing something wrong. In the last few months, there's been a lot of attention on the reported 51 percent of folks who've figured out how to avoid paying income taxes . A good portion of this group is low-to-middle-income earners and they've taken advantage of the many refundable tax ...
What does the BC HST Mean to Consumers? HST and HST Exemptions (Part 1)
What Does Taxable Mean

Question: What do the "T" and "X" mean on Wal-mart recepts, to the side of the prices?
I thought it meant "taxable" and "non-taxable", but that doesn't make sense because it's on some foods, and not on some. I would really like to know!
Answer: Food under $4.00 in canada is not supposed to be taxed, check the prices on the food that is.
Six Ways to Get Income in Retirement
You need money for living expenses? It's not income you need, it's cash.
Bond Income - TaxMama.com
What Does Net Of Tax Mean

Question: With the state of the economy in the world today, will Socialism ever make a come back or will it be different
-Income levels in the world are growing more and more apart.
-Blue collar workers are losing their jobs as more and more manufacturing is being sent to China--still technically speaking, a Communist nation.
-Higher education is becoming more expensive and harder to attain by the ever growing numbers of 'working' poor.
-More and more poorer people and the greater costs to supplement the public safety net mean higher taxes on what's left of a middle-class, who pressure their governments for greater cuts in public spending.
-Transglobal corporations mean management fatcats are less responsible for 1st world governmet laws and environmental regulations, in turn meaning less checks and balances on their power.
-All this boils down to skyrocketing profits for a few and greater poverty and misery for a large majority of the worlds population.Obviously, the global economy can be argued for and against. However, in light of it, do you see a resurgence of Socialism or a substitute?
Answer: I don't think it's necessary to bring ideology into it. I think that when oppression becomes intolerable, the ruling regime either has to be responsive to the needs of its people, or it has to degenerate into basest tyranny to maintain order, or it will fall.
If you want to bring ideology into it, I'd say socialism, or communism, since you're using the terms interchangeably, can play a role in any event.
In Russia it was the aftermath of one collapsed tyranny and eventually produced another.
In America, the ruling government of the thirties and forties was eventually responsive to the needs of its people, using reforms that many have called socialistic. No collapse ensued, and the country enjoyed unprecedented prosperity for forty or fifty years afterwards.
As for what will happen in the future, good luck is all I have to say.
Play happy families to make a million
Any family can build significant wealth by pooling their resources and agreeing on an investment strategy.
Fort Hood to justify Afghan surge? What the healthcare sham really means.