Recent content by Son of a Gann

Forgot to add that her payment would be around $20.00 per month

Even though I do not like Obama care there is not a single piece of truth in that letter. In California earning as much as she claims she would qualify for Medi- Cal (State program that doesn't pay for anything) If she would make $10.00 per hour she would qualify for Enhanced Silver...

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IPhone antitrust lawsuit goes class action http://money.cnn.com/2010/07/12/technology/apple_att_lawsuit/index.htm?postversion=2010071212

Very weak result for a sim trading. I can take sim account from 30K to 130K in a single day.

http://www.ashford.com/ashford/browse/productDetail.jsp?productId=CV2010-BA0794&source=599001001

I will correct you. I believe that ALL PEOPLE are STUPID. I believe that Christians (true Christians anyway) admit that they are STUPID and try to stop being STUPID although many fail, but at least they try and do not try to justify their actions. Those that do not fail become atheists...

Made very common mistake that most people make Cal Tax calculations 1% up to $14,338 = $143 2% on the diff 26K-14.4 =$11,662 = 233 Total California tax $143 + $233 = $376

California tax For married persons filing joint returns -- 2 % on taxable income between $14,338 and $33,988 Cal. tax $520

Taxable income 26,000 Tax (3,065) Chiled credit 2,000 Tax (1,065) Making work credit 800 Total tax payment $265 This is all just based on standard deductions.

Just to begin with: 52,000 Personal Exemption for (2009) 3,650 per person total 14,600 Standard deduction 11,400 Taxable income 26,000

Any ideas for a tax/accounting web name?

Nobody pays double SS tax. Stop it already. Look at form 1040 line 12 business income or loss schedule C line 27 one half of self employment tax (deduct) Example: Business income 100K Double tax - 15K Total business income 85K Form 1040 line 12 income...

I am just a Financial Analyst without any seniority. Do not have local education make over 80K. My guess is that you are in real estate mortgage business, anytime I see someone with Senior, Lead or even VP in finance most of them from failed companies. If you are smart move to another state...

Self employed pays same tax as any other person. On schedule C it is calculated as half for employer and other half for employee for P&L reasons only. Total income from schedule C rolls in another form (1040) where it becomes your total income. If you are self employed person you get to deduct...