A few Income Tax products I can recommend:
Creative Financing Secrets.
Things Your Mortgage Company Or Bank Either Dont Know – Or Wont Tell You!
Creative Financing Secrets.
Income Tax Form 1040 Information
A few Income Tax products I can recommend:
Creative Financing Secrets.
Things Your Mortgage Company Or Bank Either Dont Know – Or Wont Tell You!
Creative Financing Secrets.
Question by twosadime2005: What gives my government the legal right of way to tax my income?
Where in the U.S. Constitution or any other official document does it state that the government has the right to tax my income?
What written law states I have to pay income tax to the U.S.Government and where/when was that law enacted?
Best answer:
Answer by Snowboard Zombie
so…do you not want roads or an army?
Give your answer to this question below!
NEWS 13 – Appeals officer Agent Wiley Davis attacks citizen for asking to see the law requiring the payment of income tax.
Alex welcomes back to the show attorney Philip J. Berg, a former deputy attorney general of Pennsylvania who brought a RICO lawsuit charging president George W. Bush and 154 others with complicity in the 9/11 attacks, and another suit challenging the eligibility of Barack Obama to become President of the United States. Berg contends that Obama was born actually in Mombasa, Kenya and that the “Certification of Live Birth” on Obama’s website is a forgery. obamacrimes.com www.infowars.com www.prisonplanet.tv
Question by Mongoman W: Do I pay federal income tax on my zero bonds the year I cash them in?
I have several taxable zero bonds that I cashed in this year, worth around 12,000, will I have to pay federal/state income tax on all of that money?
Best answer:
Answer by neoplop
No, you don’t pay tax on the redemption amount, but on the excess of the redemption amount over the purchase price.
You should receive a form 1099-OID from the issuer or your broker which will tell you what to report as income.
“Purchaser of stripped bonds or coupons: If you purchase a stripped bond or coupon, treat it as if it were originally issued on the date of purchase. If you purchase the stripped bond, treat as OID any excess of the stated redemption price at maturity over your purchase price. If you purchase the stripped coupon, treat as OID any excess of the amount payable on the due date of the coupon over your purchase price.”
See the following info from IRS Publication 1212:
Give your answer to this question below!
A few nice Income Tax images I found:
Tea Party 2011 tax day protest

Image by Fibonacci Blue
St. Paul, Minnesota
April 16, 2011
There was a Tea Party protest of about 200 people at the Minnesota capitol a couple days before US income tax forms are required to be filed. Protesters call for smaller government and the repeal of the health care law enacted in March, 2010.
Sign reads:
TAX HONESTY
PATRIOTS
on facebook
Labor is life, there is NO excisable/taxable privilege
in making a living to survive. Domestic Private Sector
wages are not taxable income.
The sign seems to refer to the "861 argument" that some people use to argue that their personal income is not taxable at all. The argument has uniformly been held by courts to be incorrect, and people refusing to pay income taxes based on this argument have been penalized or jailed.
2011-04-16 This is licensed under a Creative Commons Attribution License.
Income Tax office in Pune

Image by ramkrsna
Question by Vibes: Do we really need to file an Income tax?
A lot of people are always talking about that there’s no law that requires a U.S Citizen to file an income tax, also, there is no law that even simply states that the government has the right to tax us based on our Income…
I mean this is money that we work for, why does the government just get to take it without any real reason? Where does this money go?
I mean isn’t this the same reason the U.S Colony’s broke free from England?
Best answer:
Answer by RANDALL M
Who do you think pays for al the social services such as the military, federal disaster assistance, interstate highways, national parks, research funding and so forth?
I agree we should not have to pay any more than we have to, which is why you hire a professinal to minimize it, but don’t you think you should have to pay something? Most countries have a MUCH higher tax rate than the US.
Come up with a better system or Quit your whining.
What do you think? Answer below!
Question by FF GURU: What happens if you file your Berkheimer income tax forms a day later than April 15?
I just realized I don’t have my Berkheimer earned income tax forms completed yet. How strict is the April 15 deadline? I am not home this week and would have to drive home for my tax information. I will be going home tomorrow, so I could do it then. Is there a penalty for sending the Berkheimer forms late? All of our other tax info is done and sent out.
Best answer:
Answer by Bash Limpbutt’s Oozing Cyst
Huh? What are “Berkheimer income tax forms?”
The filing deadline is tonight at midnight. If you owe they will impose late filing fees (5% per month or fraction thereof until you file) plus late payment penalties and interest prorated daily until payment is made. You can avoid the late filing penalty by filing a Form 4868 by midnight tonight. Enclose a check for your estimated tax liability to avoid the late payment penalties.
If you are due a refund, you can safely ignore the filing deadline as there are no penalties for late filing if you are due a refund. If there is ANY doubt at all, file the Form 4868 right NOW.
Add your own answer in the comments!
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A few nice Income Tax images I found:
Income Tax Dancing School

Image by Numinosity (by Gary J Wood)
Income Tax Center 2

Image by kfisto
Question by Vikas C: How & were to report income tax evasion in India and is there reward for it?
Kindly tell me if a person in India is buying property for a huge amount of black money,how to report to the income tax department,if sufficient proof like the agreement copy is available and what r the rewards if any?
Best answer:
Answer by SudhakarK
Better you give valid prof otherwise no meaning in blaming others.
Know better? Leave your own answer in the comments!
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