Author |
Message |
Kitt
Member
09-06-2000
| Thursday, March 10, 2005 - 12:26 am
I have a question about taxes. I'm currently being employed by the hour to help a friend who's setting up a new company. I'm not an actual "employee" of theirs, more like a contractor or consultant I suppose (although really "dogsbody" might be a more appropriate title). This is only short term and there's not much money involved - Will it be complicated when I come to do my taxes next year? I don't have to be self-employed or pay any special withholdings do I? (Oh, and my husband has a regular salaried job so my income will be on top of his.) If anyone knows the answer off hand I'd appreciate any advice, but please don't put too much effort into it, as I can try and look it up somewhere. I just thought there might be someone here who does something similar and could give me a quick answer.
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Colordeagua
Member
10-25-2003
| Saturday, March 12, 2005 - 7:15 am
I'm kind of in the same boat. Kitt, I think you and I are independent contractors. Are you being paid cash or by check? If by cash and they don't claim you as a business expense, well .... If you're paid by check and/or they claim you as a business expense, then you have to report your income. I believe if it is under a certain amount (don't know what that is), you don't have to report. If it's over, you do. And if it's more (whatever that is), they you estimate and pay quarterly. I believe that's the "boat" I'm in. Will be talking to my tax man at the end of this month / quarter.
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Kitt
Member
09-06-2000
| Sunday, March 13, 2005 - 8:47 pm
Thanks for the reply Color. I'm being paid by check. The HR person asked for my "info" on Friday so I'm guessing it's going to be more straight forward than I thought, with them doing the IRS work, not me. Thankfully! If your taxman comes up with anything useful please let me know if you have time.
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Colordeagua
Member
10-25-2003
| Monday, March 14, 2005 - 7:30 am
Kitt, they could take your "info", but still just claim you as a business expense. I believe there's a form they submit as part of their tax return with your SSN, so the IRS can track it / tie it together. Then you'd still have to take care of all the tax work (pay quarterly estimates) yourself. Ask what they're going to do -- pay your withholding, etc. or just claim you as an expense. As an aside: Couple of months ago, was surprised to learn that the husband of a former boss of mine (in Chicago at the time) is now the "big tax cheese" -- Commissioner of the IRS. If I got a tax problem, I "know" someone. 'Cept his wife and I did not get along too well. It was her, of course, not me.
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Kitt
Member
09-06-2000
| Monday, March 14, 2005 - 11:03 am
Ah, I see what you mean. Thanks for the advice, yeah, I'll ask them how they intend to pay me. Definitely her problem . But still... better to never need their help! I've heard nothing but long painful stories from people who've had audits!
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Julieboo
Member
02-05-2002
| Monday, March 14, 2005 - 1:49 pm
What is the website where you can find aerial shots of your neighborhood?
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Kaili
Member
08-31-2000
| Monday, March 14, 2005 - 2:05 pm
terraserver.... I'll try to find the exact oine because there are two different ones.
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Kaili
Member
08-31-2000
| Monday, March 14, 2005 - 2:06 pm
Try both: http://www.terraserver.com/ http://terraserver.microsoft.com/
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Julieboo
Member
02-05-2002
| Monday, March 14, 2005 - 2:13 pm
Thank you Kaili!!!
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Colordeagua
Member
10-25-2003
| Monday, March 14, 2005 - 2:25 pm
Kitt, about 15 years ago I had a tax problem. First year fed taxes could be filed electronically. Something went wrong in the transmission. That year, in particular, I needed my refund. Was contacted and helped immensely by the nicest woman at IRS in San Franciso. Who wudda thunk it?
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Kaili
Member
08-31-2000
| Monday, March 14, 2005 - 2:27 pm
Sure, I was just looking at it because I haven't in a long time. It seems like they don't let you see as close up as they used to. Maybe I'm using it wrong though.
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Wargod
Moderator
07-16-2001
| Saturday, March 19, 2005 - 3:30 am
Is anybody up to date on kids nutrition? I remember when the kids were younger discussing with their pediatrician healthy diets for young kids. When asked about lowfat and nonfat milk, he told me for younger kids whole milk was the best to give them (Caleb was about 2 or 3 at the time of that conversation, so it's been a few years, lol.) Now I'm reading an article on healthy breakfast for kids, and they say a cereal like cheerios with lowfat or nonfat milk. At what age should kids start drinking lowfat and nonfat milk? Dakota only gets about six ounces of milk to drink a day (and thats usually planned around her wanting other dairy products since she's lactose intolerant) so I don't worry too much about her, but Caleb is a big milk drinker. I do have an appointment scheduled for her with their doctor next month, but I have to grocery shop before then, lol.
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Eeyoreslament
Member
07-20-2003
| Saturday, March 19, 2005 - 8:40 am
Wargod, I've never heard of the type of milk being an issue in kids' diets, even in my developmental psych classes, where we studied the physical development of infants, children, and teens. I think that the suggestion of lowfat milk is more of a subtle way to combat the growing problem of obese children in America. Caleb and Kota are both active in their baseball, and don't look like they have any problems. Whole milk is full of nutrients, and fats. Fats are essential components for hormone production. Please don't worry about low fat milk. I'm no doctor, but the stuff I've learned in my Neuroscience, and Developmental classes, and the bio I'm taking now, it is nothing for you to worry about. Start worrying about lowfat milk if your children get over 15% of the normal weight range for their height/body type etc.
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Julieboo
Member
02-05-2002
| Saturday, March 19, 2005 - 9:47 am
where's konamouse? My pediatrician told me to take Ryan off of whole milk at age two (or somewhere close to that.) You can also call your pediatrician's office and just ask a nurse that question...
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Landi
Member
07-29-2002
| Saturday, March 19, 2005 - 11:03 am
holly was on extra rich milk for years. it was the only way for her to get the extra calories that she was burning off. she was actually burning more calories than she consumed. now she doesn't drink as much milk, because of other problems. but she will only drink whole milk.
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Wargod
Moderator
07-16-2001
| Sunday, March 20, 2005 - 1:04 am
Yeah, I'm not too worried about it cuz of weight, lol. If anything Caleb could benefit from gaining a couple pounds. Landi, I think Holly and Kota are pretty close on the milk issue...don't really drink enough to worry about it. My question should have been what's healthiest and is there really that much of a difference between whole milk and lowfat to worry about. Last month in school, Dakota's class learned about the heart and a big emphasis was on eating healthy. She was driving me nuts, lol, about how she couldn't eat this or needed more of that, so finally I started reading labels with her. We discuss what the different vitamins and stuff do for her body, if something has too much sugar (because we have cut a whole lot of sugar out of their diets lately,) and how overall healthy what they are eating is. Suprised me thought to read that about the lowfat/nonfat milk because I really hadn't given that much thought since I'd had the one conversation with the doctor about it.
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Konamouse
Member
07-16-2001
| Sunday, March 20, 2005 - 2:37 pm
I'm here! Sorry, been so busy! Thank goodness for the daily update (Thanks Karen) so I heard my name. Yes, whole milk is most commonly recommended until 2 years old (kids need the calories and the fat for their growing bodies and neurons). After 2 it just depends on family medical history (obesity & heart disease, high cholesterol -> low fat -> skim milk), and activity (very active, needs the calories -> continue whole milk). The only difference is in fat & calories. 1 cup whole milk = 150 kcals, 1 cup skim milk = 90 calories. The other nutrients are pretty much similar. If milk allergy then fortified soy milk also comes in high & low fat versions. Rice milk is just white water (although I have seen a few starting to fortify some vitamins & minerals - but it will never have the needed amount of protein). Arrrggh! I get nervous when school teachers are doing nutrition classes. Fat is not "bad", sugar (or carbs) are not "bad" and protein is not all "good". All foods can fit into a healthy diet. Which includes both balance & variety. Yes, there has been way too much sugar, fat & processed foods introduced into the average American diet (and now around the world) in the past few decades. But nothing starts a kid on an eating disorder faster than their teacher (whom they may idolize) telling them that "carbs are bad" or "fat is bad". I have already had to work with two teenagers (one was a girl who played softball, and one was a boy who was a cross country runner) who got this message from their "health" class. Cut out the fat and lost way too much weight (not to mention how it affected their athletic performance). They both (separately) had major food phobia issues when I started working with them on "food has nutrition for your body and your performance". /me steps off her soapbox. 'squeek'
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Urgrace
Member
08-19-2000
| Sunday, March 20, 2005 - 8:11 pm
Since I'm not a bonafide nutritionist I don't know for sure, but I thought a child needed whole milk until they stopped growing in order to develop healthy bones, unless as Konamouse stated they have weight or allergy problems. After that dairy products should be used in moderation for a multitude of reasons. This is just my 
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Colordeagua
Member
10-25-2003
| Wednesday, March 23, 2005 - 6:29 am
quote:I'm being paid by check. The HR person asked for my "info" on Friday so I'm guessing it's going to be more straight forward than I thought, with them doing the IRS work, not me. Thankfully! If your taxman comes up with anything useful please let me know if you have time.
Kitt, I talked to my taxman. I haven't and don't expect to be earning enough to pay income tax on during the whole year. (In any case, I do have deductions.) But I owe Social Security. It's app. 15% of your gross income. I probably don't earn enough to have to file quarterly. Would be penalized if the Social Security went over $1,000 during the year. I don't think I'll be earning that much, but I'm keeping track.
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Kitt
Member
09-06-2000
| Wednesday, March 23, 2005 - 10:35 am
Thanks Color, that more or less applies to me too, although they're withholding directly from my wages so hopefully I won't need to do much at all come the end of the year. Hopefully!
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Legalboxer
Member
11-17-2003
| Friday, March 25, 2005 - 1:34 pm
QUESTION ABOUT FLIGHTS - need a reply ASAP today i know the standard answer is airlines wont let you change the names on tickets but IS THERE ANY WAY THEY WILL LET YOU? We have tickets at work to NC that we cant refund now - and the trip has fallen apart - so we either send no one and waste $600, or I still go with one or two other coworkers to clean up things in NC for future plans - but the coworkers arent the ones orginally going to NC and the airlines say we cant change the names. so is there any way to get the names changed?? (US Airways and American) thanks for any advice.
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Draheid
Moderator
09-09-2001
| Friday, March 25, 2005 - 1:52 pm
Legalboxer: Have you tried contacting the airline and explaining the exact nature of your problem - perhaps they have alternatives for these type of situations. They could offer credit slips for the amount to be used for future travel, or possibly even make an exception to the rule about changing names. It never hurts to ask, and you might even start out going above the person answering the phone who might be more able to help out.
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Legalboxer
Member
11-17-2003
| Friday, March 25, 2005 - 2:40 pm
thanks dra - i know we tried to call the airlines but i am not sure how high the chain we got when attempting to change names.
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Shashakaye
Member
05-19-2003
| Thursday, March 31, 2005 - 7:39 pm
My daughter has a 6th grade homework assignment that asks the question "How can a baseball team win a game without a single man crossing home plate?". Any help would be greatly appreciated. I feel stupid.
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Max
Member
08-12-2000
| Thursday, March 31, 2005 - 7:45 pm
if it's a girl's team, of course! 
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