Comments for Ask Tax Guys

Comment on A Tale of Two Tax Payers by SMS

SMS — Wed, 16 Sep 2009 11:30:20 +0000

Found your site through Google and i am glad to see something informative here.

Comment on The Top 5 Tax Planning & Strategy Tips for 2009 by AndrewBoldman

AndrewBoldman — Thu, 04 Jun 2009 20:47:04 +0000

Great post! Just wanted to let you know you have a new subscriber- me!

Comment on Top Tax Tips for 2009 by KrisBelucci

KrisBelucci — Wed, 03 Jun 2009 05:47:58 +0000

Hi, cool post. I have been wondering about this topic,so thanks for writing.

Comment on A Tale of Two Tax Payers by admin

admin — Mon, 01 Jun 2009 13:04:25 +0000

Thanks for the heartfelt comment, Ted. I appreciate your feelings that the $900 to pay a payroll company is a waste. Obviously in your case it is. For the people in the examples I gave, they were paying three times the $900 in penalties and interest. They did not have the discipline that you do.

One key point, when a person is behind on taxes, becoming current (paying the current year’s taxes has to become first priority. Otherwise, each year they become deeper and deeper in the “tax hole.”

Comment on A Tale of Two Tax Payers by Ted Herman

Ted Herman — Sat, 30 May 2009 17:09:38 +0000

Re: your “Tale of Two Tax Payers”, the solution of becoming an employee and having someone do the payroll makes no sense. It is a waste of $900. per year. The full 15.3% social security and medicare tax must be paid in both cases and the “employers” share is deductible in both cases. NO GAIN!
The only solid solution you gave is the withholding through IRS website. I hope your other tax advice is better.

Comment on The Top 5 Tax Planning & Strategy Tips for 2009 by Val Katz

Val Katz — Fri, 01 May 2009 13:33:56 +0000

How can I get the guide for home based business?

Comment on Get Your Biggest Tax Refund Ever by BugBunteebymn

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Comment on The Top 5 Tax Planning & Strategy Tips for 2009 by admin

admin — Wed, 22 Apr 2009 03:17:00 +0000

Liz:

This is the deal. This country is set up to the advantage of business owners and investors. If your only source of income is a W-2, you are in trouble. I really do believe this is the greatest county in the world to make money. Having one source of income - a job - is just not the way to get there.

Keep your head up and your eyes open for opportunity.