The Tax Questions Blog

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Question: When can I apply for divorce in Canada if I've moved out of the country?

This is complicated; My husband and I grew up in Canada, then moved to England almost two years ago. We separated in July, and my husband moved back to Canada in November. I want to be divorced as soon as possible so I won't do it through England, they take ages. Do I have to wait a year from the time my husband moved back to Canada, before filing? Even though we lived in Canada until two years ago, and even though we filed our taxes there this whole time?

Also, when I do file, do I have to be in Canada to file? If so, do I have to live in Canada until the process is finished?

Answer: You need a lawyer's professional opinion. First visit is usually free.

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30 Apr 2010 Last day to file with Revenue Canada - TAX 004.avi

Question: What is the tax rate I can expect for 2009?

I will have worked a total of three jobs in 2009. The first two were in a company- wages totaled about $4700 before taxes. (all taxes were withheld)
My wages from my current job by December will be $4800 (federal income tax not withheld but fica and futa were)
So for a grand total of about 9500...

How much will I owe on my taxes because the second job (nanny) doesn't withhold federal income taxes? Will I still owe even though I'm under 10,000? I am trying to estimate how much I should keep saved... I am not sure how to go about doing this...
I am 22, will be 23 in November. I will be filing as independent and I was a student from Jan-May2009 but graduated May 5th.

Answer: There are a lot of "what-ifs in your question. In a "normal" year here is the answer:

Assuming that you are not a dependent or a student and are under age 25, you will owe about $60 with your Federal tax return. (10% tax bracket after deducting Std deduction and personal exemption).

If you are a dependent on someone else's return, you'll owe about $400. You still get the standard deduction but your exemption goes on there tax return, not your own.

If you are between 25 & 65, you'll get a small refund

Now, 2009 is not a normal year because the "stimulus package" allowed for more take home pay by decreasing the amount of withholding. However, not everyone is entitled to that and if tkaen the result will be having to give it back.. If you are a dependent on someone else's tax return you could owe as much as $800.

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Jobs for Unemployed Bankers Targeted in Delaware Tax Break Plan

Delaware Governor Jack Markell is turning to tax incentives in an effort to create jobs in a state where M&T Bank Corp. (MTB) and HSBC Holdings PLC (HBC) together laid off more than 1,000 employees in the past year.

How to Save on Federal Income Tax 2010, 2011

Question: Paying Taxes and an Independent contractor?

I am doing work at home as an independent contractor for a company in Canada, I am curious how taxes work on both ends. Am I required to pay taxes and what is the companies obligation to me being a US resident do I still get a 1099 form at the end of the year?

Answer: They will not issue you a 1099-Misc.

Whether or not you get a 1099-Misc doesn't change the fact that you have income from self-employment and it's taxable.

Plan on 30% for taxes and if you expect to owe more than $1000, make quarterly payments.

If you have low income and you expect to qualify for EIC, be darn sure you can prove your paper trail. Contract, payments, wire transfers, etc.

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Plan for new Peace Bridge abandoned

After a decade of lofty plans but one obstacle after another, the proposal for a new Peace Bridge across the Niagara River has reached a dead end.

Vancouver BC Canada city taxes at work

Question: how long were you on an emergency tax code when you started working?

im working and on one now its been a month now. and they taxing 150 quid of a £960 A MONTH salary...is that normal plus im on emergency tax code too ..how long willit take and do i get money back...

confusedddd

Answer: Its usually 1-3 months. You'll get it back though don't worry!

Use this to work out how much tax you should be paying: http://www.listentotaxman.com/

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York City Council Q&A

Five Democrats are running for three seats on the York City Council in the 2011 election. Toni Smith and Carol Hill-Evans are seeking re-election; a third incumbent, Genevieve Ray, opted not to seek re-election.

W-2 WTF?!?!: Tax Facts to Make Your Head Explode!

Question: What Kind of Tax Dollars Goes to Pay for Certain Structures?

Okay, well I have a questions from my HW. City sales tax, property tax, federal income tax, etc...... Here I have an assignment but I have no idea about economics so I am asking you guys for help. I need to know what kind of taxes are used to pay for the following structures?

1. city park?
2. army tent?
3. public school textbooks?
4. Street Lights?
5. police/fire training?
6. public school teachers salaries?
7. flood control?
8. free/reduced lunch programs?
9. public university tuition?
10. national park system?
11. strip shopping center?
12. infrastructure of a city?
13. county hospital/indigent care?
14. Local Charities?
15. City Animal Control?
16. cab service?
17. park & ride lots?
18. Public University tuition?
19. City Lake?

Answer: All kinds of taxes are apportioned by the government for public services. There is no policy that a certain kind of tax wii be spent for a certain government service.

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Starwood Property Trust, Inc. Reports Results for the Quarter Ended March 31, 2011

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Scientology: Feb. 1, 2011 Property Tax Laws and Illegitimate Organizations