Discussion:A Reverse Payday Loan
From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
(Difference between revisions)
| Revision as of 22:42, 3 November 2009 KatieJ (Talk | contribs) (Not only that, b) ← Previous diff |
Current revision KatieJ (Talk | contribs) (I was on TV, las) |
||
| Line 9: | Line 9: | ||
| {{ForumReplyPost|UserID=KatieJ|Date=3 November 2009|Text=Not only that, but estimated tax payments were accelerated earlier in the year to get more cash into the 2008-09 fiscal year. The first two quarterly estimates (April 15 and June 15) had to be 30% of estimated tax rather than 25%. Of course that means the second two payments, made in FY 09-10 (Sept. 15 and Jan. 15), are only 20%. This applies to both individuals and corporations. }} | {{ForumReplyPost|UserID=KatieJ|Date=3 November 2009|Text=Not only that, but estimated tax payments were accelerated earlier in the year to get more cash into the 2008-09 fiscal year. The first two quarterly estimates (April 15 and June 15) had to be 30% of estimated tax rather than 25%. Of course that means the second two payments, made in FY 09-10 (Sept. 15 and Jan. 15), are only 20%. This applies to both individuals and corporations. }} | ||
| + | |||
| + | {{ForumReplyPost|UserID=KatieJ|Date=4 November 2009|Text=I was on TV, last night, briefly, about the 10% withholding increase. A reporter from the local UPN station came out and interviewed me, and they used three little clips. Of course the rest of the segment was in Spanish, so I have only a very vague idea of what they said!}} | ||
Current revision
Discussion Forum Index --> General Chat --> A Reverse Payday Loan
Death&Taxes (talk|edits) said: | 2 November 2009 |
| http://www.latimes.com/business/la-fi-state-tax31-2009oct31,0,2028140.story?track=rss
Didn't they give IOUs as refunds for a period of time last year? | |
| November 2, 2009 | |
| Wow, what next? And yes they did -- it was earlier this year for refunds on last year's tax returns. | |
| 3 November 2009 | |
| Not only that, but estimated tax payments were accelerated earlier in the year to get more cash into the 2008-09 fiscal year. The first two quarterly estimates (April 15 and June 15) had to be 30% of estimated tax rather than 25%. Of course that means the second two payments, made in FY 09-10 (Sept. 15 and Jan. 15), are only 20%. This applies to both individuals and corporations. | |
| 4 November 2009 | |
| I was on TV, last night, briefly, about the 10% withholding increase. A reporter from the local UPN station came out and interviewed me, and they used three little clips. Of course the rest of the segment was in Spanish, so I have only a very vague idea of what they said! | |
