Archive for the 'alternate income' Category
My husband and I are getting a divorce. We have 1 child. We are splitting custody and child expenses 50/50. (No child support) So, then how do we do our taxes in the future? Who claims the child? If we should alternate every other year, then for example, daycare expense- The person that claims the child writes off the total amount spent on daycare or just the half that he/she paid. If it’s the whole amount, then would the ex-spouses 1/2 that he/she paid considered income?
I really sujest that you seek the advice of a tax attorney rather than a CPA on this one; asthis goes a little further than just taxes.
On the durface though, it seems simply that you can each take turns claiming the child on a semi annual basis. It would be in your best interest to get this in writing in your divorce decree and spell out the terms of the agreement. On the years where the other party is claiming the child but you are still payaing 50% of the expenses, then there is not much you can do about that. You don’t want to report it as income to the other party, as this will reduce the tax benefits of your child, and inturn do the same to you. In which case, then why go through this thing at all?
Hope this helps a little?
Good Luck
I have my 2007 and 2008 tax returns, but because of the deductions they want to wait until I file 2009 and average in the income. Seller’s want to close, and a broker is trying to say lender’s don’t need my 09′ tax returns. Is this true?
Several banks I’ve spoken to said I need to wait until I file my 2009 taxes to apply for a mortgage loan since I made a lot more this year than the last 2 years (I had a lot of business deductions). Do they all have these regulations or do lending companies accept bank statements and company letters of income?
It all depends on how the underwriting is calculating your monthly average income. It sounds like the underwriter feels like your income from 07 and 08 are too low to qualify for the loan right now which is probably why they are requesting 09 tax returns.
If your loan officer has a disagreement with the underwriter and what is being requested, then he/she needs to escalate this to the to underwriting manager for clarification.
PeopleString is the new sosial network and the new way to make money from home just by being online.
It also have the most advanced new e-mail system that gives you the opportunity to sent self-destructing e-mails and video e-mails.
Duration : 0:1:15
I am looking to re-group and change my career path getting my vehicle fixed for an alternate source of income. The problem is i have spent all my money on floating my current biz for the last year and basically flat broke. Any suggestions on where to go for a loan? Or is it really impossible?
It will be hard for you to get a loan since you have a bad credit. But you can still try
Check this resource http://www.badcreditresources.com/bad-credit-personal-loans.html that list of lenders that give loans to people with bad credit.
PBS Airdate: May 26, 2008 http://www.pbs.org/nbr/site/features/special/retirement_HOME/In this extended version of an interview from the “Get Your Finances Ready for Retirement” Memorial Day special, NBR anchor Paul Kangas asks Cecil Hemingway of Aon Consulting and Laurence Kotlikoff of Boston University about retirement income and replacement ratios.
“Get Your Finances Ready for Retirement” is a year-long series designed to help soon-to-be and recent retirees make the financial transition from work life to retirement life. Look for the latest retirement segments to appear on the web on alternate Tuesdays of every month.
For more information visit:
http://www.pbs.org/nbr/site/features/special/retirement_HOME/
Duration : 0:9:53
I have what I believe is a good idea for a website but I know very little about the internet, where can I get help making it happen?
Also the website would not charge anything to use so how could I gain an income from it?
I’ve heard of pay per click and banner ads but how lucrative are these and are the alternate avenues of income?
I would be happy to share information about how I built my website for my business. You can email me at robertbreitling@yahoo.com. You can also see more about the program I used and see an example through my Yahoo Answers Profile page. This program is amazing and is available over the internet. It can help you to design a website that will create targeted traffic for free. This is possible by using their program which helps you design a website that will rank high on Yahoo,Google and other search engines. I hope this will help answer all your questions.
BEST WISHES!
I am a 19 year on college student and i have no job now, but i am in the process of getting one making 8.50 to 12.00 an hour…plus i have alternate sources of income.i am interested in getting a financed car with payments less than $250 a month. What are my options? and i dont want anyone to co-sign for me.
Thats is funny andrew. Many dealership how programs for first time car buyers, they do charge you higher interest but you could always refinance later at a lower rate. I also believe capital one also has a program however you will have to show them pay stub or a w2. Check out the car loan apps at
http://creditcardwarehouse.ecreditdirectory.com/ you might find one that suits your needs. good luck
http://creditcardwarehouseonline.com
http://www.discoverchews.com/
Home Based Business With NCM, A Real Breakthrough for Stable Income in Economic Crisis!
For info on results of the last Co-op click link below.
http://www.youtube.com/watch?v=pzIWpoGhU4w
When recession hits, those with any intelligence are going to scramble to find alternative sources of income. In their frantic searches, they are going to find that the best of all alternatives is Network Marketing.
Understanding the relationship between low-cost entrepreneurship and economics is important. During the past few years, the world economic boom has made people complacent. In the U.S., the jobless rate dropped to all-time lows of less than five percent. People had to be sick, lame, or lazy not to get a job. Hamburger flippers got higher-paying jobs, such as assembling computers, and their incomes rose. Rather than looking for an alternative to a job or seeking extra income, these folks sat around and watched television.
When recession hits, those with any intelligence are going to scramble to find alternative sources of income. In their frantic searches, they are going to find that the best alternative is MLM also known as Network Marketing.
We followed the increase in growth of several major Network Marketing companies operating during the recession of 1973-75. Companies that were not doing badly when the recession started, they had a fair amount of growth. However, when the recession came, they took off like rockets!
During the early 2000’s recession (officially starting in November 2001), MLM company growth rates jumped higher than they were before the recession. This was due to two reasons: (1) Fear leads people to new income sources and they WORK the opportunity, not watch TV. (2) The doubt of the recession lingers in the minds of people so there is an “aftereffect”. (3) During the recession the company grew a “freverant” distributor base, recruiting more new people that lead to exponential growth.
Duration : 0:5:2
http://www.discoverchews.com/
Home Based Business With NCM, A Real Breakthrough for Stable Income in Economic Crisis!
For info on results of the last Co-op click link below.
http://www.youtube.com/watch?v=pzIWpo…
When recession hits, those with any intelligence are going to scramble to find alternative sources of income. In their frantic searches, they are going to find that the best of all alternatives is Network Marketing.
Understanding the relationship between low-cost entrepreneurship and economics is important. During the past few years, the world economic boom has made people complacent. In the U.S., the jobless rate dropped to all-time lows of less than five percent. People had to be sick, lame, or lazy not to get a job. Hamburger flippers got higher-paying jobs, such as assembling computers, and their incomes rose. Rather than looking for an alternative to a job or seeking extra income, these folks sat around and watched television.
When recession hits, those with any intelligence are going to scramble to find alternative sources of income. In their frantic searches, they are going to find that the best alternative is MLM also known as Network Marketing.
We followed the increase in growth of several major Network Marketing companies operating during the recession of 1973-75. Companies that were not doing badly when the recession started, they had a fair amount of growth. However, when the recession came, they took off like rockets!
During the early 2000’s recession (officially starting in November 2001), MLM company growth rates jumped higher than they were before the recession. This was due to two reasons: (1) Fear leads people to new income sources and they WORK the opportunity, not watch TV. (2) The doubt of the recession lingers in the minds of people so there is an “aftereffect”. (3) During the recession the company grew a “freverant” distributor base, recruiting more new people that lead to exponential growth.
Duration : 0:4:40
You hear these terms thrown in in each political debate regarding taxes…
What are these things how do they each effect the way taxes are distributed on the society?
Lastly what is so wrong for thepepople who had the highest tax increase when the taxes went, up getting the biggest cut when the taxes go down? ( I am not one of those people, If I was, I would have personal CPAs answering these questions and I would not be asking this on Yahoo answers.)
Seems to me like if each time the taxes increase the most on the high income segment when they go up and decrease the most for the lowest icome people when thet go down, with each cycle the burden will kepp shifting more and more unfairly to people who have been paying the most taxes!
The AMT was devised a number of years ago as a way to make sure those with high incomes were paying tax (since they could most often find ways out of it through deductions and credits).
The problem is that the AMT has not been amended to adjust for wage inflation, and so it now smacks a number of middle class families, which results only in an added burden on those who were already paying income tax.
The tax system in the U.S. is progressive in nature, meaning it will always ’sock it to the rich’.