Showing posts with label TAXES. Show all posts
Showing posts with label TAXES. Show all posts

Monday, July 6, 2009

WHO YOU CALLING A SINNER?


What Does Sin Tax Mean?

A state-sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. These type of taxes are levied by governments to discourage individuals from partaking in such activities without making the use of the products illegal. These taxes also provide a source of government revenue.

Investopedia explains Sin Tax
Sin taxes are typically added to liquor, cigarettes and other non-luxury items. State governments favor sin taxes because they generate an enormous amount of revenue and are usually easily accepted by the general public because they are indirect taxes that only affect those who use the products. When individual states run deficits, the sin tax is typically one of the first taxes recommended by lawmakers to help fill the budget gap.
OK PEOPLE WHAT IS THIS THE 1920's ARE WE GOING TO HAVE TO START MAKING HOOCH IN OUR KITCHENS?
AND WHAT THE HELL IS UP WITH THE NAME "SIN TAX" HOW VERY JUDGEMENTAL OF OUR GOVERNOR, HOW SOON HE FORGETS ABOUT "THE SEAT BELT LAW" THAT BIT HIM IN THE ASS...WHEN HE WASN'T WEARING ONE, AND WAS BADLY INJURED. FOR A MAN FACING A GRIM ELECTION..(CAN WE SAY NOT A SHOT IN HELL) HE HAS BEEN SCREWING UP ALL OVER NEW JERSEY IN MY PERSONAL OPINION, SHIT WITH THIS HORRID ECONOMY ALL WE HAVE IS OUR "VICES" TO KEEP US HAPPY AND SANE IN LIEU OF GOING POSTAL FROM BEING BROKE, LAID OFF, OVER WORKED, UNDER PAID AND STRESSED OUT. BUT I GUESS WHEN YOUR A MILLIONAIRE JUDGEMENTAL PRICK YOU DON'T WORRY ABOUT THINGS LIKE THAT. JUST THINK ALL
GOV. McGREEVEY DID FOR THIS STATE, AND WAS REMOVED FOR HAVING AN AFFAIR AND COMING OUT THE CLOSET, BEFORE THAT WAS KNOWN THEY WAS APPLAUDING THE MAN ON HIS PROGRESS, AT LEASE WE WAS ALL STILL EMPLOYED AND THE ECONOMY WAS GOOD. I DON'T UNDERSTAND HOW POLITICIANS GET AWAY WITH SUCH THINGS THAT ARE JUST DOWN RIGHT "POLITICALLY INCORRECT" BUT WHEN THEY DO SOMETHING IN THERE PRIVATE LIVES ITS BLOWN OUT OF PROPORTION, BUT I' AM YET TO HEAR ANYONE STAND OUT TO SAY THAT THIS NAME "SIN TAX" IS JUST WRONG....HOW ARE WE INDIVIDUALS IF WE ARE LEAD BY PEOPLE WHO WANT TO PUT THERE BELIEFS ON US OR CAST US DOWN FOR WHAT WE DO BELIEVE IN...I GUESS SOON WE WILL BE IN A STATE OF RUSSIA (WITHOUT THE VODKA)...LOL

Saturday, July 4, 2009

MY INDEPENDENCE!!!!!!!!

In the United States, Independence Day, commonly known as the Fourth of July, is a federal holidaycommemorating the adoption of the Declaration of Independence on July 4, 1776, declaring Independence from the Kingdom of Great Britain. Independence Day is commonly associated with fireworks, parades, barbecues, carnivals, fairs, picnics, concerts, baseball games, political speeches and ceremonies, and various other public and private events celebrating the history, government, and traditions of the United States. Independence Day is the national day of the United States
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You celebrate your Independence your way, and I celebrate my way...lol
HAPPY 4th OF JULY!!!!!!!

Wednesday, April 15, 2009

UNCLE SAM'S DAY.....




April 15th, 2009 Deadline
The tax deadline is HERE and I’m sure many of you who were scheduled to receive a refund have already filed and even cashed your refund check. But for those of you that owe money this year, the looming deadline isn’t going away. So if the tax filing deadline is April15th what does that really mean for filing and submitting your return and/or payment?
The Postmark Date
The good news is that a tax return delivered to the IRS by U.S. mail after the due date for the tax return is considered timely filed if the tax return was postmarked on or before the due date of the tax return. This is good news because that means you don’t have to submit your filing and payment a week in advance just to be sure it is in their hands by the deadline. So if you want, you can actually wait until the 15th to get everything in the mail provided the postmark on the envelope shows the 15th. While you can wait until the very last day to do so, I would recommend still mailing a day or two early just to be safe in the event of something coming up that doesn’t permit you to get to the post office or meet the last postal pickup for that day in order to get that day’s
postmark.

What About Extensions?
If you filed an extension, you are not off the hook. This extension is simply for filing the paperwork, not the tax payments you owe. If you have waited this long and still don’t know roughly how much you will owe I urge you to find out as soon as possible. You will still need to have your payment, or at least an estimated payment postmarked by the 15th in order to be considered as on time even if you have filed an extension or plan to file one.
The extension will at least prevent you from receiving a late filing penalty on your paperwork but interest will be charged on unpaid tax from the original due date of the tax return. So it is important to send at least an estimated payment before the deadline even if you have filed for an extension so you can avoid as much interest as possible.
In addition to interest, there is an issue with late payment penalties as well. This means it is very important to know fairly close to how much your payment will be. The IRS will not impose a late payment penalty so long as the estimated payment you send is at least 90% of the actual payment you owe and that the remainder of the payment is submitted before the end of the extension deadline. So, if you expect your tax payment to be around $1,000 don’t send them a check for $200 as an estimated payment while you continue to work on your return in the extension period.