Question

does anyone know about tax laws?

Answer 1

Somebody in FINANCE might

Answer 2

http://en.wikipedia.org/wiki/Tax_law

Answer 3

Local, State, Federal? For which country?

Answer 4

The only thing I know about taxes is how to fill out certain forms that have all the necessary information to go with them. Tax law itself is an unknown to me.

Answer 5

Alvin, age 75, wants all of his property to eventually pass to his granddaughter, Holly, age 20. From a tax standpoint, would it be cheaper for Alvin to make the transfer to Holly by gift or at death? Explain.

Answer 6

I would need to hunt down the information about the two tax percentages that apply here. I don't know if googling it will bring up current tax percentages.

Answer 7

Maybe we can find out...

Answer 8

Visit http://www.irs.gov/businesses/small/article/0,,id=164872,00.html.

Answer 9

i cant find anything

Answer 10

Having a hard time with inheritance tax fot some strange reason.

Answer 11

me too, i believe it would be cheaper to do after death if i am reading correct because as a gift you would have to pay based on a fair market value and after death you are not liable for taxation unless the property value exceeds the allowable exemption amount?

Answer 12

The search for the numbers is tedious and requires much patience. May have to go to the IRS help desk from irs.gov and wait for an email response from their end.

Answer 13

The IRS folks are really the ones to consult. They will gladly answer whatever tax questions you may have at any time. Our taxes pay them to do it.

Answer 14

Does that help?

Answer 15

One more thing.
They are also paid to help you fill out any tax forms as long as you have all pertinent information immediately available. I bet you credit to navy beans you'll save on H&R Block fees, and you will be supremely confident that your forms are filled out completely and accurately.

Answer 16

im studying federal taxation this quarter

Answer 17

How;s it going so far?

Answer 18

just started

Answer 19

You must be in the U.C. system.

Answer 20

what is U.C system?

Answer 21

University of California at ______.

Answer 22

Strayer

Answer 23

Upper level?

Answer 24

Bs in accounting

Answer 25

Going for CPA eventually?

Answer 26

still deciding

Answer 27

Lot to think about, isn't it.

Answer 28

yes also thinking about being tax collector

Answer 29

Wishing you success and happiness in whatever career you choose:^)

Answer 30

ty what do you do or what are you doing for school

Answer 31

Enrolled at San Diego City College, majoring in math. Also work part-time for the MESA Center and The Learning Center there.

Answer 32

Sometimes I do private one-on-one tutoring jobs, working with high school or college students taking math, physics, or engineering courses.

Answer 33

This works out better for me than being a full-fledged teacher. Helps me avoid red tape and save a forest or two.

Answer 34

Well, been a pleasure.

Stu:^)