What are the standard payroll/paycheck deductions ? california?

Your dad is incorrect (sorry dad). The money that goes into your 401K is not taxed now by federal, state, or city government (unless of course you are also adding post-tax contributions). But fo...

Just being self employed is not a reason to form a corporation or LLC. Since your tax basis would remain the same, personal income tax flowing through the corporate entity, there is no tax differen...

Well, let's see. The current administration cut taxes early on and kept cutting. Even during wartime -- a first in the history of the nation. We had a surplus when Bush was handed the White...

If you don't take care of him financially, I wouldn't suggest it. What if they try to audit you, you would be in big trouble then.

If you only have one or two employees then it should not take the person long to process. I previously processed a payroll for 2000 employees and total time including garnishment checks was one ful...

Of course. You had income! I don't understand your $16K comment. Was this the sale of an asset or what?

Relax! The tax bills may go up or down a bit every year based on if taxes increase or decrease. They also will go up and down base on your properties fair market value. This is different than your ...

No, I do short sales for a living. They cannot take their tax refunds. Also, because of the holidays I have not read up on it completely, but President Bush just signed a law taking away the ta...