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SamV
Baiting Guru
Joined: 10 Oct 2003
Posts: 2968
Location: U. S. of frickin' A., Baby!
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Posted:
Mon Feb 19, 2007 12:39 am |
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Expecting more than $19,000 USD back from the IRS! Wooo wooo!
Of course, it took me about five days of work to get the return together. |
_________________ WHY DID YOU GIVE ME ANOTHER PERSONS TELEPHONE NUMBER TO CALL YOU. THE
MAN YOU GAVE HIS NUMBER IS A NIGERIAN WHY???
"No goat porn? Well how 'bout a petting zoo?" Crashhoot, Vegas 2006 |
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Mr Fishe
Baiting Guru
Joined: 22 Nov 2003
Posts: 2242
Location: PL_Goldrush
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Posted:
Mon Feb 19, 2007 12:43 am |
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Gnasher
Baiting Guru
Joined: 29 May 2006
Posts: 2849
Location: Centre Stage in the Theatre of Cruelty
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Posted:
Mon Feb 19, 2007 12:48 am |
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You're obviously earning too much at the clinic NN
Edit: You deleted your post dammit! |
_________________ x21
"you have to pay because he need to submit this form to the Federal Ministry Of Fancies" Barrister John/Mike/Richard Okeke
"they are in deed the swinders rotating about in the net and searching for whom they will stylishly defraud your belongings" A. Moron
"Please pray harder for God to guide and protect us during our travelling because flight airplane i observe is a very big risky" Abdul Karibu
"WE DOESN'T LIKE HOW DISOBIDIENT YOU ARE!" Coco Law Chambers
"BE INFORMED THAT YOU WILL INCUR DUMMERAGE AFTER 9 DAYS FROM TODAY" Burkina Faso Air Secure Air Service.\ |
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Shiver Metimbers
419Eater Admin
Joined: 30 Sep 2003
Posts: 7469
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Posted:
Mon Feb 19, 2007 1:44 am |
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Sam, the donations addy is [email protected] We accept any amount from $1,000 upwards
Seriously, nice one. I got a rebate from a tax screw-up about 10 months ago; the huge amount of UK �107 |
_________________ Roland Koffi: "Please my name is not Ahoy Matey. thakyou..."
Wilson Madu: "I will condom you to a painful death..."
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Shiver's scammer trophies.
---------------------------------- |
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Chief2B
419Eater is my life
Joined: 11 Apr 2005
Posts: 365
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Posted:
Mon Feb 19, 2007 1:49 am |
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And I thought I was doing good getting back about $4000. this year. I'm going to send my paperwork to you and see if you can increase that. |
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DrWho
Baiting Guru
Joined: 14 Jan 2004
Posts: 5486
Location: Where ever I go, there I am
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Posted:
Mon Feb 19, 2007 2:54 am |
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Not to rain on anyone's parade but you lost 10% by letting the government use your money for free for a year. If you had put that money in some kind of investment and either broke even or owed a little tax you could have paid the amount due with the interest from the money that was yours to being with. It is better to reduce your deductions to break even.
But it is nice to get money you didn't think you would get. |
_________________ "i think you people do not know whom you are talking of,i am not in any terrorist organization or planning any such of terrorist activities."
"i am not a terrorist and your america cia cna also investigate me."
"i am not a terrorist.send the shit stuff and let me get it fillied."
x12
"To Serve Man" |
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SamV
Baiting Guru
Joined: 10 Oct 2003
Posts: 2968
Location: U. S. of frickin' A., Baby!
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Posted:
Mon Feb 19, 2007 3:04 am |
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Yea yeah I know. It's complicated. I'm self employed, and I had a deal last year that I made $60k USD on for just that one deal, which was very nice. But, I COULD have made $300k USD or more on that deal. Because I didn't know what would happen, I paid taxes based on what I made the year before (which included a 4 month period when I was drawing a severence from my old employer AND making self employment income at the same time).
So, I used the "safe harbor" of the taxes for the year before last, just in case I was to end up making a huge amount last year (which I didn't end up making). If you pay in that amount, you don't have to pay interest and penalties if you wound up underpaying. Taxes were a lot higher year before last than last year because of that 4 month period of double income, and because I didn't have as many deductions (such as paying for my entire family's health insurance all year).
This year's quarterly payments, which will be based on the "safe harbor" of LAST years taxes, will be less than half the payments last year. |
_________________ WHY DID YOU GIVE ME ANOTHER PERSONS TELEPHONE NUMBER TO CALL YOU. THE
MAN YOU GAVE HIS NUMBER IS A NIGERIAN WHY???
"No goat porn? Well how 'bout a petting zoo?" Crashhoot, Vegas 2006 |
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Gnasher
Baiting Guru
Joined: 29 May 2006
Posts: 2849
Location: Centre Stage in the Theatre of Cruelty
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Posted:
Mon Feb 19, 2007 3:19 am |
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You lost me after 'it's complicated' [eyes glaze over] This is why we employ an accountant to do our taxes. What he saves us easily exceeds what he charges. Left to our own devices I dread to think what would happen |
_________________ x21
"you have to pay because he need to submit this form to the Federal Ministry Of Fancies" Barrister John/Mike/Richard Okeke
"they are in deed the swinders rotating about in the net and searching for whom they will stylishly defraud your belongings" A. Moron
"Please pray harder for God to guide and protect us during our travelling because flight airplane i observe is a very big risky" Abdul Karibu
"WE DOESN'T LIKE HOW DISOBIDIENT YOU ARE!" Coco Law Chambers
"BE INFORMED THAT YOU WILL INCUR DUMMERAGE AFTER 9 DAYS FROM TODAY" Burkina Faso Air Secure Air Service.\ |
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SamV
Baiting Guru
Joined: 10 Oct 2003
Posts: 2968
Location: U. S. of frickin' A., Baby!
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Posted:
Mon Feb 19, 2007 3:22 am |
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Programs like turbo tax and tax cut (which I use) are amazing. I actually thing they're more reliable than an accountant, unless you have a REALLY good one. |
_________________ WHY DID YOU GIVE ME ANOTHER PERSONS TELEPHONE NUMBER TO CALL YOU. THE
MAN YOU GAVE HIS NUMBER IS A NIGERIAN WHY???
"No goat porn? Well how 'bout a petting zoo?" Crashhoot, Vegas 2006 |
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DrWho
Baiting Guru
Joined: 14 Jan 2004
Posts: 5486
Location: Where ever I go, there I am
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Posted:
Mon Feb 19, 2007 3:41 am |
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Being self employed makes predicting harder I know. And with the quarterly filing and all. I worked with people, a long time ago, who all went to a certain tax accountant, and one day they were telling me all the deductions he was getting for them. They were all things that I was already doing so I didn't see any reason to use one. Now with Turbotax it is even easier. Except every year they claim they make it easier to use and it gets more difficult for me to find all the deductions. They seem to hide the details and you have to search for them.
One thing I have read about accountants is that you should use one who has been audited at least once. It means he is willing to work for you. If he has never been audited, it means he is not working the law to your advantage. |
_________________ "i think you people do not know whom you are talking of,i am not in any terrorist organization or planning any such of terrorist activities."
"i am not a terrorist and your america cia cna also investigate me."
"i am not a terrorist.send the shit stuff and let me get it fillied."
x12
"To Serve Man" |
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Gnasher
Baiting Guru
Joined: 29 May 2006
Posts: 2849
Location: Centre Stage in the Theatre of Cruelty
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Posted:
Mon Feb 19, 2007 4:43 am |
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I guess it boils down to your personal circumstances and how complicated things are likely to be. We've been in a state of 'transition' for the last 3-4 years regarding employment, income, tax status, pensions, etc etc and moving to a new country with a different tax system didn't help either. Through a personal recommendation we found a VERY enthuisastic/exhausting young chartered accountant who understands and loves the Aussie tax system so we just send him quarterly spreadsheets and he does the rest. Frankly it would have been madness to try and unravel it all for ourselves. However, now things are more or less running on traintracks I guess we could do it ourselves......... nah, life is too short - let the boy genius do it |
_________________ x21
"you have to pay because he need to submit this form to the Federal Ministry Of Fancies" Barrister John/Mike/Richard Okeke
"they are in deed the swinders rotating about in the net and searching for whom they will stylishly defraud your belongings" A. Moron
"Please pray harder for God to guide and protect us during our travelling because flight airplane i observe is a very big risky" Abdul Karibu
"WE DOESN'T LIKE HOW DISOBIDIENT YOU ARE!" Coco Law Chambers
"BE INFORMED THAT YOU WILL INCUR DUMMERAGE AFTER 9 DAYS FROM TODAY" Burkina Faso Air Secure Air Service.\ |
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friday3
Elite Baiter
Joined: 28 Oct 2005
Posts: 1341
Location: beating my new firefox..
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Posted:
Mon Feb 19, 2007 5:53 am |
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Oh, that's right tax time. I should find my thingy with the income stuff on it and do those. Got a spare 5 days Sam? I could use 19k.....hell who am I kidding, I could use 19 bucks |
_________________ The above text is the sole intellectual property of friday3. Reproduction without the expressed permission of Friday3 is a breach of copyright punishable be a fine of up to $50 000 (payable by check) and/or 5 years jail.
"Hubbard is a "crackpot" and of "doubtful mental background." - From FBI files concerning L, Ron Hubbard
Mods have a wonderful sense of humor; you just aren't funny
x21
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Eight
Retired Moderator
Joined: 11 Sep 2004
Posts: 8710
Location: UK
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Posted:
Mon Feb 19, 2007 7:54 am |
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I never thought I'd be grateful for PAYE and a 10-page tax return until I heard about the US tax system. I have enough trouble hanging on to receipts for an expense claim every few weeks, so I'd be stuffed.
Congrats on the rebate, Sammy. |
_________________
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breadcrumb
Baiting Guru
Joined: 01 Feb 2006
Posts: 2075
Location: On my knees, licking floors together with TSnerd
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Posted:
Mon Feb 19, 2007 8:07 am |
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I got back 1200� from tax in january But that was from 2001-2005 (was too lazy to do it before). For the year 2002 I had paid 70� too less. The good thing is though: If they find out, that you didn�t pay enough taxes, you can recall your "Arbeitnehmerveranlagung" (tax refund or whatever you may call it) and you don�t have to pay it. Unless of course for some reason your tax refund is mandatory (like when being self employed).
I simply recalled mine and didn�t have to pay the 70� |
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Dionysius
Elite Baiter
Joined: 24 Mar 2004
Posts: 1639
Location: 61 Cockle St, Llareggub
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Posted:
Mon Feb 19, 2007 9:14 pm |
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To all those who are getting these huge tax rebates - You can send me donations via WU money transfer to Dr Usman Bello in Lagos, Nigeria. The test question should be Who's your daddy? The answer is The Axeman. |
_________________ http://www.aa419.org to Kick a Fake Bank - http://www.scamwarners.com/ for Warnings Against Scammers and Anti Scam Advice.
RIP - Lad vampire and muguito were the gifts that kept on leeching. Greatly missed.
Information about Scams and their effects with great trophies - http://www.scam-info-links.info/ from Scam Patroller - http://www.romancescambaiter.com/ from wayne |
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persephone
Baiting Guru
Joined: 05 Jun 2006
Posts: 2846
Location: land of cloggies
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Posted:
Mon Feb 19, 2007 9:19 pm |
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Cut your accountant a deal: instead of paying him a static fee, tell him you will pay him a percentage of what he is able to get back from the IRS for you. Seems to work well for people around me. Me, I just do it myself. Got 11,000 euro back last year, because I changed jobs and wasn't able to make a decent prediction on my future wages for the rest of the year |
_________________ a strange idiot tracked you down on arrival you moved with him like a christmas goat to a strange hell hotel and gave him paper or what you call money my ass. - J3ff Rich4rds
14 months and counting
I HAVE SEEN THAT YOU LOVE DOG SEX, LET ME KNOW WHEN YOU CAN COME TO AFRICA I WILL TAKE CARE OF YOUR HOTEL EXPENSES AT LEAST TO SATISFY THE DOG'S URGE - some banker
loads
x46 3x 2x 2x 2x 3x 9x 3x 2x 4 days of travel - 7 days stuck in airport |
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