Income Tax Preparation Knowledge Base
Is sales tax charged on Income tax preparation in Ohio? When someone gets their income taxes done (specifically in Ohio) is there a sales tax that is added to the cost of the preparers fees. If so is it charged on the total amount due/refunded or on the charge for the tax preparation itself?
How do I find funding to start an income tax preparation business? I am currently preparing taxes out of my home for about 100 clients. I would like to move out of the home and lease space. I do not have the funding to join established tax businesses like Liberty Tax. Where do I find funding?
what you need to start income tax preparation business office? what does IRS expect from the employer after submitting customers tax returns.
How can I build my own Independent Income Tax Preparation Software?!? I have tried looking it up on google with no luck. All thats out there when I do a search is the current tax software such as turbotax and h&r Block's tax software. I know it can be done I just want to know how to do it and more importantly how to update it year after year to be in code with the current year's tax laws, etc. How can I do it and what software development if any do I need to buy???
When does documentation needed for income tax preparation have to be sent out? I though all financial institutions had to mail all W2's and 1099's by January 31st. Last year I was still getting them the second week in February. I actually had to go to one bank and ask them for an interest statement because I never received it. How long should I wait? What if I receive one AFTER I file?
Is there any FREE income tax preparation on line or on the phone with a live person? I used to do it, it was easy but last year we bought a house and I had a baby (Feb 2006), or should I go to one of those HR block offices? They are going to charge about $150.00.
I would like to have a certificate in Income Tax Preparation. What is the best online school would you.......? recommend me for that?
canadian income tax preparation course online? i live in canada ,Quebec ,anyone know tax preparation course online for canadian ? and if i want open my own income tax preparation firm what is the requirements in Quebec ? i have degree in different field but i have some experience on income tax perparation ,, please help
Where can I get free income tax preparation in Colorado Springs, CO? What are the criterion to obtain that kind of service?
Income Tax Preparation? Hi all, quick question for ya :) If a person owe's money from last years tax filing but has a great tax refund coming this year, will the IRS automatically deduct the negative from the credit due???? Thanks to all for answering my question !
What is the best website to learn how to prepare your own income tax in Canada? Is there some good websites out there to help with Canadian income tax preparation?
income tax preparation guide? how do i find
Tax preparation when working in two states, one being Texas? I have a home in South Carolina, but I am about to work in Texas for at least a year. I rent my home in South Carolina, so all of my mail will need to go to Texas. However, I want to keep SC tags, etc. What is the best way to handle this and how does it affect my taxes? Does the fact that Texas has no state income tax have any effect on me? Will SC take taxes out anyway?
how long until income tax return comes? i have used the same local store for income tax preparation for the past 5 years. my return always posts to my account within 5 business days of getting them sent off. today makes the 9th day after and they still havent posted. any ideas or is this normal and i've just been lucky in the past?
What action can I take against an income tax preparation agent? I filed for an tax extension for the year 2007 this April 2008. I contacted a Jackson Hewitt agent to prepare my taxes. After he filed my taxes, I paid him his fees and I assumed, everything is done. However, I was contacted my the IRS to provide additional documents regarding one of the forms. I have been trying to contact him for a month now and he has not contacted me back yet. I asked his colleague to pass on my message but he still has to call me back. His colleague informed me that he has informed him (my agent) about it several times about my calls. I still have not replied to the IRS yet and I would like to get done with my paperwork first and then deal with my agent for his unprofessional attitude. Does anyone know what course of action I can take to get my job done?
Can I file my income tax without my state ID? I live in NYC and I have an expired ID card, can I still file my income tax at a tax preparation place? Thanks
Accounting Help Needed. This is income statement preparation where I need to find out what the income taxes ar I need to prepare an income statement for this company and determine what the income taxes are. The income tax is said to be 30% of the income before taxes, however I have not been able to figure out what the income is before taxes. The given information is as follow: A/P.....35,000 A/R.......65,000 Advertising expense....15,000 Cash...... 19,500 Supplies expense.....46,000 Rent expense........10,000 Utilities expense........3,000 Misc. Expense....4,400 Salaries Expense.....61,000 Fees (revenues)......384,000 Owner's equity.....140,000 It also states to assume that 7,500 shares of stock are outstanding, and I need to determine the income taxes (30% of income before tax) I do not know what the outstanding shares have to do with this because I do not have dividends as an expense and if they are outstanding that means that they are not assets because they belong to shareholders. I just need to get the income, so I can get the taxes. Please help....
Where can I find federal income tax tables online? I want to get an idea what my taxes will look like when I file. Everyhing I find online leads to someone selling tax preparation software. Where can I find the tables to calculate what I will owe?
Do you have to claim money that medicare paid to your doctor as income? I was told this the other day and I just don't believe it. If medicare paid your doctor, that amount has to be included in your income tax preparation?
Regarding personal income tax preparations, When I am asked if I had any state or local income tax refunds...? I'm filing my 2007 taxes right now. Regarding personal income tax preparations, When I am asked if I had any state or local income tax refunds... Does that mean what I got back from the previous year's (2006) taxes? Or maybe an early sort of state reimburstment for some of 2007's taxes? This should be a simple question, and I'm 99% sure I know what they mean, but it just surprises me they don't specify. FYI, I am a Michigan resident. FYI, I am talking about some pretty simple tax filing stuff...I'm a 21 year old dependant, and made 13k this year or so... so nothing else too fancy is even considerable in this ordeal. No selling of a house or property or a car or any IRA or ROTH investments or what-have-you. Just the siomple basic question. It further specifies that I should be able to find this information on a 1099-G form........Any ideas?
Is there a online income tax filing service/portal in india ? I am looking for a online income tax preparation service for indian income taxes. The "Saral" Form is not so saral for me - i am confused with a lot of fields - Assesment year, Net Income, gross income etc. Is there a service like HR Block in india ? Google does not seem to answer the question !
Can two income tax businesses open up next to each other and survive? What will determine its success? The landlord of our new building never stated that the other business opening up next to us was going to be used for income tax preparation. Now they are calling us and threatening us with legal action if we open up next week. The landlord assured us that we could still open up and I guess now its a matter of marketing to see who will get all the business... Any suggestions as to how to survive economically in this situatioN? We are also Certified Tax Preparers and will be next to another 'multi services business' (which includes tax preparation).
who will be able to claim my husbands other children on income tax if he pays child support and isnt custodial my husband has to pay for child support and we want to know who can claim the children on the income tax preparation and if we can always do it?
How do I get started as a fully licensed California CPA w/o going down the corporate or tax preparation route? I have my California CPA license and have audit (no tax) work experience at a public accounting firm and a corporation, but I want to go out on my own as a sole proprietor CPA and/or consultant. I don't want to do income tax preparation nor do I want to work the regular 9-5 daily grind in a corporation. What can I do to explore my options and how do I get started getting my feet wet in the sole proprietor world?
Has anyone ever heard of the Tax College? I am considering taking the Tax College Income Tax Preparation course and wish to get feedback from one of you who may have taken the course.
What is the best company for tax preparation? I've always just filed for myself but this year I get the earned income credit and I can claim head of household and claim my daughter and I don't know how to do it myself... I've heard that H & R Block take like $300 dollars from your return... what company would you suggest that does it correctly but doesn't charge an insane amount of money? (300 doesn't sound like a lot but if I'm only getting 2000 or less back, it makes a difference) And I have a bunch of write offs and I have no idea how to do any thing like that so I really need to find a good company. Thanks so much for your help!
How do tax preparation techniques compare with bankruptcy techniques and what are the ethical implications? Consider the following two scenarios. 1. Successful individual with six figure income and significant assets hires tax attorney/account to ensure every deduction and technique to reduce tax liability is explored and taken advantage. 2. Same situation as above but individual encounters serious financial downturn due to job loss or failed investments. Decides to exercise bankruptcy protection and hires attorney to ensure he is able to protect as many of his assets as possible and reduce financial liabilities as allowed by the legal process. Both have acted legally. Is there an ethical difference between them? Is there an ethical duty to pay taxes as required by a democratically elected government? Is there an ethical duty to pay private debt? Is there a difference between the two? Good answer; I ask because I recently heard an argument that people who use bankruptcy law to their advantage to resolve a financial problem are unethical or immoral.
does turbo tax deluxe include local tax preparation? i just finished up doing my taxes and realized that no where on the package does it say anything about local taxes? i only filled out one time during the whole process my local income tax amount. i have efiled my federal and am going to mail the state in myself. but what about my local? hopefully someone out there knows the answer....
Tax preparation companies? Any opinions on what tax preparation companies are the best to work with? Need my income taxes filed and this is the first time I am going with an actual preparer. Wondering which one was the best to work with and lower fees? Thanks for all of the advice given. I know how to do the basic tax returns, however, my husband is in the military and now the tax returns have gotten a bit more complicated. I am looking to find a company that I can trust and wont just take a bunch of our money.
Schedule K Form 1065-What do I do with it for tax preparation? I received this form for an ETF DB Commodity Index. It seems to indicate that I was a "partner". I sold the the ETF in 2009. But there seems to be some reportable capital losses and Income losses to be reported on the 2008 tax filing. I use Sch D for my trades, but have no idea what to do with this form. Is it reportable and where? Thanks!
How do I file my federal income tax--single or married? If my husband is a foreign national, living in his own country (we were married here in the US in Oct 2008, but he had to return to Australia shortly after we were married, to await his visa--lack or preparation on my part) and he has never had income earned in the US. We have no children in common and own no property in common
What is the best and easiest tax preparation software? My wife and I have two incomes ($170k +) Many deductions, charity work, options, stock sale at a profit, dividen income, and an office at home. We have been going to a CPA the past few years paying $200 - $300 because of all the documents which is fine, but I'd like to try it myself. Thanks for your help. We don't have children (yet!)
I have an income tax question.? I am a public employee (Firefighter) that was injured on the job and was on worker's comp. for 4 months in 2005. My employer (the City) continued to pay me my regular wage with all taxes taken out. (The City is then reimbursed by worker's comp.) My W-2 shows my full pay for the year, even though 4 months was on worker's comp. and therefore untaxable. My question is how do I file my taxes correctly? I have a letter from the City with the amount I was paid while on worker's comp. Which forms do I need? I normally do my own taxes with the help of a computer program. Should I get an accountant for this one? Should I use a commercial tax preparation service? Any help would be greatly appreciated. By the way, I am now back to work. Thanks for the concern.
Tax preparation school...Has anyone ever done this and worked as a seasonal tax preparer? I saw information where you only pay for books and tuition is free. I was hopeing to make a little extra income this way, any thoughts to it?
Becoming a Tax Preparer? I am looking for someone to mentor/assist me in growing my own income tax preparation business. I have done some research and have a few questions. I have been doing tax prep for family and friends for years, but now want to expand and offer more. If there is someone out there willing to help out via email I would greatly appreciate it.
Tax preparation (in CANADA)? Approx. how much would it cost to have my income tax prepared assuming I go to a "standard" company like West Tax or H & R block: -I am a student with tuition credits -I own property (with related write offs) -I have receipts for charitible donations and medical expenses. Could anyone tell me please ASAP? Thank you. P.S. Any additional advice on how to maximize my return to I can use that money for tuition this year and other expenses?
how much will tax preparation cost ? Hello, I am filing my tax's this year for the first time and I was wondering how much a place like H&R bock would charge me for this service? And or if I did a e-file would it be faster or just as fast as the company above? And I was reading about a earned income tax credit for people whom made less then 15,000 for the year of 2008. And I fall in that category and was trying to figure out if I can apply for that tax credit. Or what the qualifications are? And also noticed that there is a extra kick if you didn't get the full 600 dollars last year for the stimulus and they are giving you extra now? If so do I ask H&R bock about this service or ect? Thank you for all the information. Also I am single live on my own no kids. And I may consider other options too as liberty tax's ect.. to do my return.
tax preparation - C Corporation? I incorporated my company as a "C" Corp this year - Feb 2009. When do I have to prepare / pay taxes next year? Is it the same time frame (April 2010) as my personal income taxes or does it have to be done in January 2010 (annual year Feb 09 - Jan 10)?
Career in Tax Preparation? I'm ready to jump from engineering (boring) into a full time career in tax preparation. I just love taxes to the core of my very being (don't bother telling me how weird I am, I know already). There are many options and I want to hear from career tax people which they feel is the best and why? I want pros and cons. I'm also interested in potential annual salaries. 1) Full time job with a large firm like H&R Block, but not as a manager or any other job where you don't do many actual returns. 2) Tax firm franchise owner...should I purchase an existing office or start a new one. 3) Hang out a shingle and start my own office or partner with someone else who has done this, learn from them, then buy them out. I have enough cash to weather a few years of low income, but I am not interested in an extended dry spell. Also, do I need a CPA degree or just an EA? What do you do in the summer months to stay busy? Thank you all for your time.
Income Tax Question - Form 8283 Charitable Deductions (noncash)? I need a little help. I've been told 2 different things, so I need to confirm which is correct. I use Turbo Tax to do my taxes. I usually have non-cash contributions of over $ 1000 each year, costing about $ 75-200 for each. I get a copy of the receipt that Goodwill gives me and keep it with each donation. I use Its Deductible to plan how much to deduct for each item. Turbotax then fills out Form 8283 because the total of all my contributions is over $500. *** Here's the problem: My mother told me her tax person said that you can't claim non-cash donations each year over $ 500 unless they give you an appraisal. **** Isn't that just if an INDIVIDUAL item is worth over $ 500?? Not if you give away, say... Goodwill 2-10-07 $ 201.00, Goodwill 3-4-07 $ 122.00, Goodwill 8-14-07 $ 175.00, Goodwill 11-1-07 $ 98.00 ??? Any help from a CPA or someone who does tax preparation would be really appreciated. Thanks!!
Desperately need 1999 and 2003 either Tax Cut or Turbo Tax State Programs for Arkansas State Income Tax.HELP!? I need to find out if there is any way to still get these tax preparation discs.Maybe someone out there has an answer to my dilemma.If someone could suggest or in some way help me to find these pieces of software,I would be most appreciative.
my tax prepareris being indicted for "aiding and assisting in the preparation of false income tax returns"...? Now I am being called as a witness for his upcoming trial. I did retain a lawyer but I will more than likely get audited and have to pay back any money that was not owed to me since 2002 until 2008. He filed my federal tax return for 2008 but then i never heard back from him . problem is he never filed for state return (thank god!). How do i go about re-filing my taxes from 2002 until 2008? Can I just go to H&R Block or do i need a CPA? Another tax preparer??? help..... Yes he did all my returns and apparently padded them along the way. I met him when it was time for me to file my very first taxes when I first came to the US and now apparently I was not entitled to all the money that I got back. i never looked at the returns because i trusted the guy (stupid me) but apparently so did 17 other people since he is charged on 17 counts (!!!). Apparently he was arrested back in May of 2008 and STILL continued with the scams...
After Bush is done faking a presidency? Maybe he can open a income tax preparation chain. You know, you go into "Bush's House of Fuzzy Math" and walk out with a trillion dollar refund! Hey, if he can pass a bogus budget, why can't he hook me up with my taxes?
I have fifteen years of Administrative/Customer service experience. What should my salary be without a degree? I have been running my own business since 2000 (medical billing and income tax preparation). I am currently employed full-time in customer service.
Tax preparation? Its my first time...? its my first time filing taxes and i have a lot of questions, but im only gonna ask u 2 of them: 1. do you think i should use an desktop software ot go to an office 2.whats the difference between federal tax income and state tax income, which one is for me? thx in advance
Tax preparation services comparison? Hello. Where can I get an estimate (ballpark) of how much I might get charged for tax preparation at H&R Block and Jackson-Hewitt? I live in the Chicagoland area and own 2 properties (TX and IL). I have some donations and moving expenses from TX to IL. Married w/1 child under 18. During 2006, I had income in both TX and IL. Thanks!
1040 Tax Preparation Help? Where should I put Box5, Box6, AND Box 12b information into 1040? Am I supposed to include Medicare Wages and tips into income (line 7) in 1040? What I am supposed to do for Box 12b.(Code=G) Please somebody Help!!
How does getting a room mate affect financial aid and tax preparation? I am thinking of moving into a bigger apartment this summer and asking my friend to move in with me and be my roommate. However, my mom said that I would have to report my roommate's income as part of the household income. Since moving in will actually cost me more (because my mom won't be helping me pay for anything anymore), I still will be broke all the time. I'm afraid that they may end up giving me less financial aid or that I will loose the discount health expense benefits that I have now. Do I have to report my roommate's income for tax, financial aid, and federal aid purposes even though my roommate's money won't be supporting me? And if so, how will this affect me?
Is there any limit for House Rent to avail the Income Tax exemption in India without providing the receipts..? I heard that if the House Rent is below Rs. 3000 per month then there is no necessity to provide the Rent Receipt to the company... Is it true..??? Is there any limit for House rent to avail the tax deductions while filing the Income Tax returns in India...?? If yes, how much can a salaried employee show in his Income Tax return to avail the exemption for House Rent without providing the rent receipts...??? Is it necessary to provide Rent Receipts to the company in which he is working while in the preparation of Form-16...???
Career as a tax preparer? Hi there! I'm a stay at home mom and was concidering taking the H&R Block income tax class and working through tax season for some extra $$. The class seems to be pretty expensive and I've heard that H&R Block is not a good company to work for, Can anyone suggest another tax preparation office that is better than H&R Block to work for. I live in spokane washington if that helps. Also I have no training in taxes so am looking for the best class to enroll into.
Are my S-corp Distributions supposed to be taxed on my personal tax return? My tax guy and myself had a parting of the ways. He already did my corporate tax return, but I am doing my personal one. I've been using one of the websites for tax preparation and all is pretty easy and simple. I worked for a company for half a year and then went into business on my own so I have 2 w-2's, plus my K-1. So here's my problem....the software shows me getting back 6500 just from my two w-2's. On another schedule I'm asked to enter my distributions which is line 16 on the k-1. When I do this, my refund is reduced by 2500. It appears to me that the additional distribution funds are being taxed as income. Is that correct? I thought the whole point of the s-corp is to avoid double taxation? I already paid the tax for the distributions on my paychecks. If I made $1000, I took $500 as a dist. and 500 as income, but I paid tax for $1000 on $500 I paid myself as income. So I've already paid taxes on the distributions. Am I missing something here?
Can I cancel my tax preparation with accountant? Accountant at H&R did my taxes today but she doesn't seem knowledgeble and I just found a big error in my tax ppwk she did for me. She added 10k from house sale to my income resulting in $1300 owing to Fed. I paid her $500 for the work and now I don't even trust her tax preparation Can I cencel the whole thing after it's already finished? I am going to go to her tomorrow to fix the error I just found but I wish I could cancel the whole thing and money back. Possible?
What do professional bookkeeping firms charge? I am a career accounting professional who is thinking about starting my own bookkeeping firm in Southern California. I don't know if bookkeeping firms charge their clients by the hour or if they instead charge a flat monthly rate. We will do all facets of bookkeeping except for preparation of income taxes. If professional bookkeeping firms charge by the hour, then how much? If they charge a flat rate for full service bookkeping, then how much?
TAX QUESTIONS! please help me! 10 pnts!!!? Which one of the following cannot be used as an itemized deduction? a. Unreimbursed job travel expenses b. Tax preparation fees c. Social security taxes withheld d. Charitable contributions and.. The income tax that should have been paid during the year, either through withholdings or estimated payments, is based on: a. adjusted gross income. b. total itemized deductions. c. filing status. e. taxable income.
Tax preparation question?????? I am a stay at home mom. Will we get more back for our tax refund because my husband now has 3 dependents with one income? Also, I am curious about the H & R Block instant loan. Do they do it if you have your W2 to go off of instead of a pay check stub?
economics help? 41. The objective of industrial policy is a. unclear, since the policy has no economic basis b. to restore the primacy of mature industries, such as steel and automobile production c. to spread manufacturing industry more evenly across the nation d. to encourage economic development in poorer nations e. to give domestic industry an advantage over foreign competitors 42. The concept of "clustering" refers to a. locating new firms in a geographic area where competitive firms have not located b. locating new firms in a geographic area where many other firms have already located c. locating new firms in a geographic area already thick with firms in the same or related industries d. encouraging established firms to relocate to the South and Northeast e. encouraging workers to move nearer to their employers 43. The economic theory that states that as time passes, economic systems become much more similar, with common rates of growth, common employment levels and common rates of inflation is known as a. divergence theory b. parallel path theory c. convergence theory d. non-competing economic systems theory e. static state theory 44. In double-entry GDP accounting, a. the value of output produced must equal the value of resource payments generated in producing that output b. government is not counted because most of government spending is for transfer payments c. payments to resources must equal the value of goods sold to households d. inventories are counted twice, once as investment and once as output e. intermediate goods are counted twice, once as a type of output themselves and once as part of final output 45. Gross Domestic Product equals the a. total output of all goods and services produced by resources located in the U.S. b. market value of all goods and services produced by resources located in the U.S. c. market value of all final goods and services produced by resources located in the U.S. d. value added to the economy by intermediate goods and services minus original cost e. value of total sales of goods and services produced in the U.S. 46. Which of the following best describes an intermediate good? a. It has no value to the seller. b. It has no value to the buyer. c. It is purchased by a household for future use. d. It helps produce another good. e. It is sold at a discounted price by middlemen. 47. Which of the following is the best example of an intermediate good or service? a. any good bought by a household, rather than a firm b. pizzas bought at a restaurant c. legal services hired by a public accounting firm d. sunglasses worn on a summer vacation in Florida e. a professional performance of "The Phantom of the Opera" 48. Which of the following would not be included in GDP as a form of consumption spending? a. Ann takes Tim out to a restaurant for dinner. b. Ann and Tim buy a microwave oven. c. Ann and Tim buy vegetables to prepare soup at home. d. Ann prepares Tim's income tax return. e. Tim buys Ann flowers. 49. Which of the following expenditures are not included in the consumption component of GDP? a. maid service b. purchase of a new home c. a new videocassette recorder d. a restaurant meal e. tax preparation service 50. Other things equal, increased imports decrease GDP. a. True b. False 51. U.S. imports are a. not added to U.S. GDP because they are produced abroad b. added to U.S. GDP because they are consumed domestically c. added to U.S. GDP because they represent an increase in inventories d. added to U.S. GDP as government purchases because the government decides what goods may be imported e. not added to U.S. GDP because they are intermediate goods 52. Use the following data to calculate GDP: consumption = $2,000; gross investment = $600; government purchases = $500; net exports = -$40; transfer payments = $340. a. GDP = $2,720 b. GDP = $3,060 c. GDP = $3,140 d. GDP = $3,400 e. GDP cannot be determined due to insufficient data 54. Katrina pays $40 for a meal at a fancy restaurant. The ingredients used in it probably cost the restaurant $10. The value added to GDP by the purchase of this meal is a. $30 b. $40 c. $70 d. $40 plus the wages paid the chef and waiters e. $40 plus the profit earned by the restaurant's owner 55. In the resource market, a. businesses borrow money to buy the capital resources they need b. businesses sell services to the households c. firms provide the resources to the households d. households sell the resources to firms in return for factor payments e. resources flow from the business sector to the household sector
Career in tax preparation? I'm ready to jump from engineering (boring) into a full time career in tax preparation. I just love taxes to the core of my very being (don't bother telling me how weird I am, I know already). There are many options and I want to hear from career tax people which they feel is the best and why? I want pros and cons. I'm also interested in potential annual salaries. 1) Full time job with a large firm like H&R Block, but not as a manager or any other job where you don't do many actual returns. 2) Tax firm franchise owner...should I purchase an existing office or start a new one. 3) Hang out a shingle and start my own office or partner with someone else who has done this, learn from them, then buy them out. I have enough cash to weather a few years of low income, but I am not interested in an extended dry spell. Also, do I need a CPA degree or just an EA? What do you do in the summer months to stay busy? Thank you all for your time.
How want to plan for salary tax for 2006-07. Please tell me the best way to save the tax and file myself? self preparation of tax for income 2.4 Lakhs and for my father 3 Lakhs
tax question? Why would a taxpayer choose one depreciation method for financial statement preparation and a different depreciation method for income tax purposes?
i want to settle in edmonton , C.A.,need audit or import manager for garment importer directory website need ISITHORE LOURDURATHINAM Email: isithore@rediffmail.com or newmen@rediffmail.com Dear In the August of this year I will be permanently relocating to the Edmonton area. I am forwarding the attached resume for your evaluation because of my desire to contribute my comprehensive experience in the accounting and auditing field. I have 12 years experience involving all aspects as a C.A can do. My responsibilities include range of activities ,noted in my resume. My experience also include Accounting practice, book keeping, ERP implementation, system analyst for software development, internal audit, consultancy, inventory and stock audit, audit of Nationalised bank, taxation service etc., Thank you for your consideration. Sincerely, Isithore OBJECTIVE Seeking a challenging position in the field of Internal Audit /Cost Audit/ Book keeping/ERP Implementation Projects, where my practical work experience & education can be utilized. Also within an Organization which will allow me to implement all of my skills & experience, preferably in Accounting Firm or Knitted garment manufacturing/trading unit. SKILLS SUMMARY •Over Seven years experience as Cost auditor, as integral part of my audit practice profession. •Practicing Chartered Accountant for 12years as F.C.A., under ICAI Act INDIA. •Experienced working with software projects, as system analyst , consist of Flow chart preparation for each modules, Logic framing and Entry screen formats MIS Report designing •For composite knitted garment large scale unit, and Aluminium industries. •Knowledge of Knitted garment manufacturing system including costing and budgeting •Computer skills with MS-Office, Tally Accounting Package, also using many tailor made packages and book keeping, internet. •Equally effective working in management project and as a member of Team. •Ability to motivate, support and train team members •Ability to think open-mindedly and be creative evens in most routine of situations. •Effective team worker with excellent initiation, co-ordination and motivational skills. •Focusing and objective in my work approach with an attitude of getting the work done, especially under pressure. •Possessing garment Merchandiing and Quality control Diploma WORK HISTORY Practicing Chartered Accountant: 1995 to Till Date F.C.A under The Institute of Chartered Accountant Act as full time practitioner As consultant & service provider in the following Field: - •Income Tax, Sales Tax – Preparation, Finalization, Representation. •Book keeping through various Accounting Packages •System Analyst for software projects •Cost auditor for Composite knitted garment industries & other manufacturing industries, on assignment basis. •Arrangement of Financial Assistance for corporate and non-corporate from various Financial Institution. •Installation of effective Internal Audit system for various industries & implementation of systems & training for audit team. •ERP implementation contract on assignment basis, which consist of: - Installation of ERP Packages Selection of staff requirement from the unit Framing internal audit systems Training and evaluation of performance Conducting review meeting Framing corrective action Generating MIS reports Submission of MIS reports to top level management Removing operational conflicts Maintaining the ISO standards EDUCATION •Bachelor of Commerce from Madurai Kamaraj University •Chartered Accountant from Institute of Chartered Accountant of India, New Delhi •Diploma in Computer Application at Micro Computer Systems PROFESSIONAL TRAINING •Completed 200 hrs at various specialized seminars under Continuous Professional Education by Institute of Chartered Accountants of India. •Attended various seminars by Taxation Authority COMPUTER SKILLS •Working knowledge of Ms-Office, Word, Excel & PowerPoint •Tally Accounting Package, I
As an actor, all of my income this year is from W-2s. Still feel like I should use schedule C...? Feel like I should utilize Form Schedule C, since I still work like an independent contractor and believe I should enjoy the further tax deductions as such. I am a little ignorant about tax preparation, etc. By not deriving a sizable amount of income as an independent contractor, am I not financially hurt by the fewer ways to deduct expenses, etc.? Can anyone adivse me on this? I feel like I run my own business even though I am occassionally hired by film production companies and studios which put me on their payrolls temporarily. (I get W-2s) Thanks.
Needs help for CA - PE II exam preparation.........? Hi, I am a CA PE II student. I need your valuable guidance, suggestions and tips for the preparation of my CA exams, especially in Accountancy, Cost Accounting and Financial Management, Income Tax. I am not attending any coaching class. I am studying myself. I want to get merit in the exams............ Thanks.........
I think the best way to help working families would be to raise the std deduction to $30,000? Additional 2-6 people would be $10,000 and any more $2000. This would eliminate any income tax for all making less than $30,000 and simplify most tax preparation for most of the country. Raise corporate taxes and raise rate on all brackets that are left to pay for it.
Could someone please tell me if i am right or wrong? this is the question: During 2006 couples, who are married and have two dependent children, have the following income and losses: Total salaries$130,000 Bank account interest25,000 Short-term capital gain4,000 Short-term capital loss(1,500) they also incurred the following expenses: Qualified medical expenses$20,000 State income taxes paid12,000 Property taxes on home2,300 Qualified residence interest6,000 Investment interest expense7,500 Cash charitable contributions80,000 Tax return preparation fees3,600 Unreimbursed employee business expense20,000 compute taxable income for the year. this is what i got: total allowable deduction $135,038 taxable income $9,262
help please? 64.Which of the following expenditures are not included in the consumption component of GDP? a.maid service b.purchase of a new home c.a new videocassette recorder d.a restaurant meal e.tax preparation service 65.Other things equal, increased imports decrease GDP. a.True b.False 66.U.S. imports are a.not added to U.S. GDP because they are produced abroad b.added to U.S. GDP because they are consumed domestically c.added to U.S. GDP because they represent an increase in inventories d.added to U.S. GDP as government purchases because the government decides what goods may be imported e.not added to U.S. GDP because they are intermediate goods 67.Use the following data to calculate GDP: consumption = $2,000; gross investment = $600; government purchases = $500; net exports = -$40; transfer payments = $340. a.GDP = $2,720 b.GDP = $3,060 c.GDP = $3,140 d.GDP = $3,400 e.GDP cannot be determined due to insufficient data 68The largest component of aggregate expenditure is a.government purchases b.transfer payments c.imports d.consumption e.investment 69.Katrina pays $40 for a meal at a fancy restaurant. The ingredients used in it probably cost the restaurant $10. The value added to GDP by the purchase of this meal is a.$30 b.$40 c.$70 d.$40 plus the wages paid the chef and waiters e.$40 plus the profit earned by the restaurant's owner 71In the resource market, a.businesses borrow money to buy the capital resources they need b.businesses sell services to the households c.firms provide the resources to the households d.households sell the resources to firms in return for factor payments e.resources flow from the business sector to the household sector 71.Disposable income equals personal income minus indirect business taxes. a.True b.False
What are the ongoing, mandatory expenses associated with incorporating (LLC or S-Corp)? This shouldn't include actual business expenses like equipment, transportation, office supplies, etc. or even tax preparation fees. I'm talking about fees that I am legally obligated to pay in order to maintain in good standing as a corporation. If I were to incorporate now, score a few contracts and then go an entire tax year with zero income, what expenses would I still need to pay? e.g. - registered agent fees for foreign corps, etc. With that zero income, would I necessarily even have to pay myself a salary, maintain a payroll?
discussion question? Another type of financial data that could benefit from using the XBRL accounting software would be for IRS Tax Returns, such data as redemptions, wages, salary, and total income could all be assigned a XBRL data field to represent that particular data. Additional the report could bee used by both consumers and the government. On every tax return an adjusted gross income is the information used to determine additional taxes or credits. Tax preparation could then b streamlined, accurate and more reliable and understandable to the average user as well, being computer friendly toward the consumer; currently XBRL is limited to corporations and has not addressed expanding to small businesses.
help please? 41.The objective of industrial policy is a.unclear, since the policy has no economic basis b.to restore the primacy of mature industries, such as steel and automobile production c.to spread manufacturing industry more evenly across the nation d.to encourage economic development in poorer nations e.to give domestic industry an advantage over foreign competitors 42.The concept of "clustering" refers to a.locating new firms in a geographic area where competitive firms have not located b.locating new firms in a geographic area where many other firms have already located c.locating new firms in a geographic area already thick with firms in the same or related industries d.encouraging established firms to relocate to the South and Northeast e.encouraging workers to move nearer to their employers 43.The economic theory that states that as time passes, economic systems become much more similar, with common rates of growth, common employment levels and common rates of inflation is known as a.divergence theory b.parallel path theory c.convergence theory d.non-competing economic systems theory e.static state theory 44.In double-entry GDP accounting, a.the value of output produced must equal the value of resource payments generated in producing that output b.government is not counted because most of government spending is for transfer payments c.payments to resources must equal the value of goods sold to households d.inventories are counted twice, once as investment and once as output e.intermediate goods are counted twice, once as a type of output themselves and once as part of final output 45.Gross Domestic Product equals the a.total output of all goods and services produced by resources located in the U.S. b.market value of all goods and services produced by resources located in the U.S. c.market value of all final goods and services produced by resources located in the U.S. d.value added to the economy by intermediate goods and services minus original cost e.value of total sales of goods and services produced in the U.S. 46.Which of the following best describes an intermediate good? a.It has no value to the seller. b.It has no value to the buyer. c.It is purchased by a household for future use. d.It helps produce another good. e.It is sold at a discounted price by middlemen. 47.Which of the following is the best example of an intermediate good or service? a.any good bought by a household, rather than a firm b.pizzas bought at a restaurant c.legal services hired by a public accounting firm d.sunglasses worn on a summer vacation in Florida e.a professional performance of "The Phantom of the Opera" 48.Which of the following would not be included in GDP as a form of consumption spending? a.Ann takes Tim out to a restaurant for dinner. b.Ann and Tim buy a microwave oven. c.Ann and Tim buy vegetables to prepare soup at home. d.Ann prepares Tim's income tax return. e.Tim buys Ann flowers. 49.Which of the following expenditures are not included in the consumption component of GDP? a.maid service b.purchase of a new home c.a new videocassette recorder d.a restaurant meal e.tax preparation service 50.Other things equal, increased imports decrease GDP. a.True b.False 51.U.S. imports are a.not added to U.S. GDP because they are produced abroad b.added to U.S. GDP because they are consumed domestically c.added to U.S. GDP because they represent an increase in inventories d.added to U.S. GDP as government purchases because the government decides what goods may be imported e.not added to U.S. GDP because they are intermediate goods 52.Use the following data to calculate GDP: consumption = $2,000; gross investment = $600; government purchases = $500; net exports = -$40; transfer payments = $340. a.GDP = $2,720 b.GDP = $3,060 c.GDP = $3,140 d.GDP = $3,400 e.GDP cannot be determined due to insufficient data 54.Katrina pays $40 for a meal at a fancy restaurant. The ingredients used in it probably cost the restaurant $10. The value added to GDP by the purchase of this meal is a.$30 b.$40 c.$70 d.$40 plus the wages paid the chef and waiters e.$40 plus the profit earned by the restaurant's owner 55.In the resource market, a.businesses borrow money to buy the capital resources they need b.businesses sell services to the households c.firms provide the resources to the households d.households sell the resources to firms in return for factor payments e.resources flow from the business sector to the household sector
Can you get the Refund Anticipation Loan at H&R Block if you have really bad credit? I have horrible credit to be honest, due to low income. I want my tax refund asap, so I can move out of my in-law's (horrible) house. I don't have a lot of money to pay for my tax preparation, but I want a decent amount back. The HRBLock website says I can expect about $4,500 back, but I think if I have bad credit, I have to wait the 8-15 days to get direct deposit. I also want my tax fee to be included with my refund so it's taken right out, instead of me payin that day I file my return. Please only respond if you work at H and R Block or if you are sure and acknowledgeable. Thanks! So I can get the Refund Anticipation Loan where I still wait a day or the 8-15 days? I was worried that I'd be turned down and couldn't afford the tax prep fee!
News Headlines? 1. Ever wonder about those people who spend $2..00 apiece on those little bottles of Evian water? Try spelling Evian backwards: NAIVE *~*~*~*~*~*~*~*~*~*~* 2. Isn't making a smoking section in a restaurant like making a peeing section in a swimming pool? (My sentiments exactly) *~*~*~*~*~*~*~*~*~*~* 3. OK.... so if the Jacksonville Jaguars are known as the "Jags" and the Tampa Bay Buccaneers are known as the "Bucs," what does that make the Tennessee Titans? *~*~*~*~*~*~*~*~*~*~* 4. If 4 out of 5 people SUFFER from diarrhea...does that mean that one enjoys it? *~*~*~*~*~*~*~*~*~*~* 5. There are three religious truths: a. Jews do not recognize Jesus as the Messiah. b. Protestants do not recognize the Pope as the leader of the Christian faith. c. Baptists do not recognize each other in the liquor store or at Hooters. *~*~*~*~*~*~*~*~*~*~* 6. If people from Poland are called Poles, why aren't people from Holland called Holes? *~*~*~*~*~*~*~*~*~*~* 7. Do infants enjoy infancy as much as adults enjoy adultery? *~*~*~*~*~*~*~*~*~*~* 8. If a pig loses its voice, is it disgruntled? *~*~*~*~*~*~*~! *~*~*~* 9. Why do croutons come in airtight packages? Aren't they just stale bread to begin with? *~*~*~*~*~*~*~*~*~*~* 10. Why is a person who plays the piano called a pianist but a person who drives a race car is not called a racist? *~*~*~*~*~*~*~*~*~*~* 11. Why isn't the number 11 pronounced onety one? *~*~*~*~*~*~*~*~*~*~* 12 If lawyers are disbarre! d and clergymen defrocked, doesn't it follow that electricians can be delighted, musicians denoted, cowboys deranged, models deposed, tree surgeons debarked, and dry cleaners depressed? *~*~*~*~*~*~*~*~*~* 13. If Fed Ex and UPS were to merge, would they call it Fed UP? *~*~*~*~*~*~*~*~*~* 14. Do Lipton Tea employees take coffee breaks? *~*~*~*~*~*~*~*~*~* 15. What hair color do they put on the driver's licenses of bald men? *~*~*~*~*~*~*~*~*~* 16. I was thinking about how people seem to read the Bible a whole lot more as they get older; then it dawned on me .....they're cramming for their final exam. *~*~*~*~*~*~*~*~*~* 17. I thought about how mothers feed their babies with tiny little spoons and forks, so I wondered what do Chinese mothers use? toothpicks? *~*~*~*~*~*~*~*~*~* 18. Why do they put pictures of criminals up in the Post Office? What are we supposed to do, write to them? Why don't they just put their pictures on the postage stamps so the mailmen can look for them while they deliver the mail? *~*~*~*~*~*~*~*~*~* 19 If it's true that we are here to help others, then what exactly are the others here for? *~*~*~*~*~*~*~*~*~* 20. You never really learn to swear until you learn to drive. *~*~*~*~*~*~*~*~*~* 21. Ever wonder what the speed of lightning would be if it didn't zigzag? *~*~*~*~*~*~*~*~*~* 22. Whatever happened to Preparations A through G? *~*~*~*~*~*~*~*~*~* Finally. As income tax time approaches, did you ever noti! ce: When you put the two words "The" and "IRS" together it spells "THEIRS"?
things to ponder upon? . Ever wonder about those people who spend $2.00 a piece on those little bottles of Evian water? Try spelling Evian backwards: NAIVE **************~* 2.Isn't making a smoking section in a restaurant like making a peeing section in a swimming pool? **************~* 3. OK.... So if the Jacksonville Jaguars are known as the "Jags" and the Tampa Bay Buccaneers are known as the "Bucs," what does that make the Tennessee Titans? **************~* 4. If 4 out of 5 people SUFFER from diarrhea...does that mean that one enjoys it? **************~* 5. There are three religious truths: A. Jews do not recognize Jesus as the Messiah. B. Protestants do not recognize the Pope as the leader of the Christian faith. C. Baptists do not recognize each other in the liquor store or at Hooters. **************~* 6. If people from Poland are called Poles, why aren't people from Holland called Holes? **************~* 7. Do infants enjoy infancy as much as adults enjoy adultery? **************~* 8. If a pig loses its voice, is it disgruntled? **************~* 9. Why do croutons come in airtight packages? Aren't they just stale bread to begin with? **************~* 10. Why is a person who plays the piano called a pianist but a person who drives a racecar is not called a racist? **************~* 11. Why isn't the number 11 pronounced onety one? **************~* 12 If lawyers are disbarred and clergymen defrocked, doesn't it follow that electricians can be delighted, musicians denoted, cowboys deranged, models deposed, tree surgeons debarked, and dry cleaners depressed? ************** 13. If Fed Ex and UPS were to merge, would they call it Fed UP? ************** 14. Do Lipton Tea employees take coffee breaks? ************** 15. What hair color do they put on the driver's licenses of bald men? ************** 16. I was thinking about how people seem to read the Bible a whole lot more as they get older; then it dawned on me....they're cramming for their final exam. ************** 17. I thought about how mothers feed their babies with tiny little spoons and forks, so I wondered what do Chinese mothers use? Toothpicks? ************** 18. Why do they put pictures of criminals up in the Post Office? What are we supposed to do, write to them? Why don't they just put their pictures on the postage stamps so the mailmen can look for them while they deliver the mail? ************** 19 If it's true that we are here to help others, then what exactly are the others here for? ************** 20. You never really learn to swear until you learn to drive. ************** 21. Ever wonder what the speed of lightning would be if it didn't zigzag? ************** 22. If a cow laughed, would milk come out of her nose? ************** 23. Whatever happened to Preparations A through G? ************** 24.As income tax time approaches, did you ever notice: When you put the two words "The" and "IRS" together it spells "THEIRS"? ************ star if you like it :)
Unanswered Questions? 1. Ever wonder about those people who spend $2.00 apiece on those little bottles of Evian water? Try spelling Evian backwards: NAIVE *~*~*~*~*~*~*~*~*~*~* 2. Isn't making a smoking section in a restaurant like making a peeing section in a swimming pool? (My sentiments exactly) *~*~*~*~*~*~*~*~*~*~* 3. OK... so if the Jacksonville Jaguars are known as the "Jags," and the Tampa Bay Buccaneers are known as the "Bucs," then ! what does that make the Tennessee Titans? *~*~*~*~*~*~*~*~*~*~* 4. If 4 out of 5 people SUFFER from diarrhea...does that mean that one enjoys it? *~*~*~*~*~*~*~*~*~*~* 5. There are three religious truths: a. Jews do not recognize Jesus as the Messiah. b. Protestants do not recognize the Pope as the leader of the Christian faith. c. Baptists do not recognize each other in the liquor store or at Hooters. *~*~*~*~*~*~*~*~*~*~* 6. If people from Poland are called Poles, then why aren't people from Holland called Holes? *~*~*~*~*~*~*~*~*~*~* 7. Do infants enjoy infancy as much as adults enjoy adultery? *~*~*~*~*~*~*~*~*~*~* 8. If a pig loses its voice, is it disgruntled? *~*~*~*~*~*~*~! *~*~*~* 9. Why do croutons come in airtight packages? Aren't they just stale bread to begin with? *~*~*~*~*~*~*~*~*~*~* 10. Why is a person who plays the piano called a pianist, but a person who drives a racecar is not called a racist? *~*~*~*~*~*~*~*~*~*~* 11. Why isn't the number 11 pronounced onety-one? *~*~*~*~*~*~*~*~*~*~* 12. If lawyers are disbarred and clergymen defrocked, then doesn't it follow that electricians can be delighted, musicians denoted, cowboys deranged, models deposed, tree surgeons debarked, and dry cleaners depressed? *~*~*~*~*~*~*~*~*~* 13. If Fed Ex and UPS were to merge, would they call it Fed UP? *~*~*~*~*~*~*~*~*~* 14. Do Lipton Tea employees take coffee breaks? *~*~*~*~*~*~*~*~*~* 15. What hair color do they put on the driver's licenses of bald men? *~*~*~*~*~*~*~*~*~* 16. I was thinking about how people seem to read the Bible a whole lot more as they get older; then it dawned on me...they're cramming for their final exams. *~*~*~*~*~*~*~*~*~* 17. I thought about how mothers feed their babies with tiny little spoons and forks, so I wondered what do Chinese mothers use. Toothpicks? *~*~*~*~*~*~*~*~*~* 18. Why do they put pictures of criminals up in the Post Office? What are we supposed to do, write to them? Why don't they just put their pictures on the postage stamps so the mailmen can look for them while they deliver the mail? *~*~*~*~*~*~*~*~*~* 19. If it's true that we are here to help others, then what exactly are the others here for? *~*~*~*~*~*~*~*~*~* ! 20. You never really learn to swear until you learn to drive. *~*~*~*~*~*~*~*~*~* 21. Ever wonder what the speed of lightning would be if it didn't zigzag? *~*~*~*~*~*~*~*~*~* 22. If a cow laughed, would milk come out of her nose? *~*~*~*~*~*~*~*~*~* 23. Whatever happened to preparations A through G? 24. As income tax time approaches, did you ever notice: When you put the two words "The" and "IRS" together, it spells "THEIRS"
state:tx. What is magistrate court? A friend suggest I file w/ magistate court. I am having diffilculty w/ my business partner. ie: she did the bus. income tax ( we never agreed to this) she mailed the 1065 w/out my ever viewing it. She will not sign my copy of the 1065 - I want her signiture since I had no imput in the preparation. Now she refuses to give me documentation in how she came up w/ the #'s. I called the I.R.S. & was told it's a civil matter.(this is the 2nd yr. we have filed income tax - she did the same thing to me last yr. what can I do?
I want to get US legal work in India where should I apply? I AM AN INDIAN LAWYER. wants to start up business service in india mentioning the best business entity, equity structure, exit strategy, tax benefit services, market research projects, obtaining necessary government approval, products launch & strategic marketing services legal help guide for NRIs like offering bank accounts for NRIs, baggage rules for NRIs, income tax for NRIs, rights of citizenship for NRIs, customs act of NRIs and customs rules for NRIs alternative dispute resolutions, consumer law consultants, family law advisors, corporate law and securities, contract consultants, banking & recovery services, foreign collaboration advisors company matters consultancy services and consultancy services for company acts and laws, drafting of memorandum and article of association for companies, payment of dividend by companies, amalgamation, merger and acquisition of companies Excellent Written and Verbal Communication Skills/ Document Preparation, Word Processing, Proofreading, Data Entry, Paralegal, Research (Legal and Non-Legal), Customer Support, Message Service, Virtual Assistant Service,
I am trying to figure out what to do? Help Please!? Since 1992 through 1998 I was in college. I did not work and took out financial loans to pay for college costs. I did not file tax return for those years, should I have? Since 1998 to 2004 I worked low paying jobs and everytime I would walk into a Tax Preparation office to file a tax return, the tax preparer would state 'You can file BUT you didn't make enough money to file'. What does this mean and what is the income per year that doesn't require you to file a tax return? In 2005 I worked two salary positions and got scared to death since it has been sooo long since I have filed a tax return, and I did not file. What should I do now? Since 2005 to 2007, my wife operated a child home daycare and I had no income. If I didn't have a job, do I still have to file a tax return? Very recently I received an offer from a company and would like to begin working. Is there anything I have to take care of before I receive my W-2 from this employer in January 2008 so I can file for this job? Thanks for anyone who helps me with these questions! My wife and I got married July 2006 (last summer). So, you are saying that we should be filing jointly now? My wife did file tax returns for the 3 years she operated a home daycare center, but she filed single. Someone once told me that if you claim the correct amount of withholdings (0 or 1) on the W-4s for your job, and that if you were due a slight refund or broke even and didn't file a tax return, the IRS would not come after you. Is this true or useless verbiage? I was under the impression that it was only mandatory to file a tax return when you owed taxes and had to pay taxes for that year or wanted the refund? Can someone correct me on this? <curious> Thanks for your much needed advice! <from Virginia>
Is this is OK for neo-libs? Do they seem to worship criminals? The answers to what you are searching for will be found here William Jefferson Clinton- Impeached by the House of Representatives over allegations of perjury and obstruction of justice, but acquitted by the Senate. Scandals include Whitewater - Travelgate Gennifer Flowersgate - Filegate - Vince Fostergate - Whitewater Billing Recordsgate - Paula Jonesgate- Lincoln Bedroomgate - Donations from Convicted Drug and Weapons Dealersgate - Lippogate - Chinagate - The Lewinsky Affair - Perjury and Jobs for Lewinskygate - Kathleen Willeygate - Web Hubbell Prison Phone Callgate - Selling Military Technology to the Chinesegate - Jaunita Broaddrick Gate - Lootergate - Pardongate Edward Moore Kennedy - Democrat - U. S. Senator from Massachusetts. Pleaded guilty to leaving the scene of an accident, after his car plunged off a bridge on Chappaquiddick Island killing passenger Mary Jo Kopechne. Barney Frank - Democrat - U.S. Representative from Massachusetts from 1981 to present. Admitted to having paid Stephen L. Gobie, a male prostitute, for sex and subsequently hiring Gobie as his personal assistant. Gobie used the congressman's Washington apartment for prostitution. A move to expel Frank from the House of Representatives failed and a motion to censure him failed. DNC - The Federal Election Commission imposed $719,000 in fines against participants in the 1996 Democratic Party fundraising scandals involving contributions from China, Korea and other foreign sources. The Federal Election Commission said it decided to drop cases against contributors of more than $3 million in illegal DNC contributions because the respondents left the country or the corporations are defunct. Sandy Berger - Democrat - National Security Advisor during the Clinton Administration. Berger became the focus of a criminal investigation after removing highly classified terrorism documents and handwritten notes from the National Archives during preparations for the Sept. 11 commission hearings. Robert Torricelli - Democrat - Withdrew from the 2002 Senate race with less than 30 days before the election because of controversy over personal gifts he took from a major campaign donor and questions about campaign donations from 1996. James McGreevey - Democrat - New Jersey Governor . Admitted to having a gay affair. Resigned after allegations of sexual harassment, rumors of being blackmailed on top of fundraising investigations and indictments. Jesse Jackson - Democrat - Democratic candidate for President. Admitted to having an extramarital affair and fathering a illegitimate child. Gary Condit - Democrat - US Democratic Congressman from California. Condit had an affair with an intern. Condit, covered up the affair and lied to police after she went missing. No charges were ever filed against Condit. Her remains were discovered in a Washington DC park.. Sowande Ajumoke Omokunde - Democrat - the son of newly elected U.S. Rep. Gwen Moore, was booked on charges of criminal damage to property for allegedly slashing tires on 20 vans and cars rented by the Republican Party for use in Election Day voter turnout efforts. Daniel David Rostenkowski - Democrat - U.S. Representative from Illinois from 1959 to 1995. Indicted on 17 felony charges- pleaded guilty to two counts of misuse of public funds and sentenced to seventeen months in federal prison. Melvin Jay Reynolds - U.S. Representative from Illinois from 1993 to 1995. Convicted on sexual misconduct and obstruction of justice charges and sentenced to five years in prison. Charles Coles Diggs, Jr. - Democrat - U.S. Representative from Michigan from 1955 to 1980. Convicted on eleven counts of mail fraud and filing false payroll forms- sentenced to three years in prison. George Rogers - Democrat - Massachusetts State House of Representatives from 1965 to 1970. M000ember of Massachusetts State Senate from 1975 to 1978. Convicted of bribery in 1978 and sentenced to two years in prison. Don Siegelman - Democrat Governor Alabama - indicted in a bid-rigging scheme involving a maternity-care program. The charges accused Siegelman and his former chief of staff of helping Tuscaloosa physician Phillip Bobo rig bids. Siegelman was accused of moving $550,000 from the state education budget to the State Fire College in Tuscaloosa so Bobo could use the money to pay off a competitor for a state contract for maternity care. John Murtha, Jr. - Democrat - U.S. Representative from Pennsylvania. Implicated in the Abscam sting, in which FBI agents impersonating Arab businessmen offered bribes to political figures; Murtha was cited as an unindicted co-conspirator Gerry Eastman Studds - Democrat - U.S. Representative from Massachusetts from 1973 to 1997. The first openly gay member of Congress. Censured by the House of Representatives for having sexual relations with a teenage House page. James C. Green - Democrat - North Carolina State House of Representatives from 1961 to 1977. Charged with accepting a bribe from an undercover FBI agent, but was acquitted. Convicted of tax evasion in 1997. Frederick Richmond - Democrat - U.S. Representative from New York from 1975 to 1982. Arrested in Washington, D.C., in 1978 for soliciting sex from a minor and from an undercover police officer - pleaded guilty to a misdemeanor. Also - charged with tax evasion, marijuana possession, and improper payments to a federal employee - pleaded guilty. Raymond Lederer - Democrat - U.S. Representative from Pennsylvania from 1977 to 1981. Implicated in the Abscam sting - convicted of bribery and sentenced to three years in prison and fined $20,000. Harrison Arlington Williams, Jr. - Democrat - U.S. Senator from New Jersey from 1959 to 1970. Implicated in the Abscam sting. Allegedly accepted an 18% interest in a titanium mine. Convicted of nine counts of bribery, conspiracy, receiving an unlawful gratuity, conflict of interest, and interstate travel in aid of racketeering. Sentenced to three years in prison and fined $50,000. Frank Thompson, Jr. - Democrat - U.S. Representative from New Jersey from 1955 to 1980. Implicated in the Abscam sting, convicted on bribery and conspiracy charges. Sentenced to three years in prison Michael Joseph Myers - Democrat - U.S. Representative from Pennsylvania from 1976 to 1980. Implicated in the Abscam sting - convicted of bribery and conspiracy; sentenced to three years in prison and fined $20,000; expelled from the House of Representatives on October 2, 1980. John Michael Murphy - Democrat - U.S. Representative from New York from 1963 to 1981. Implicated in the Abscam sting. Convicted of conspiracy, conflict of interest, and accepting an illegal gratuity. Sentenced to three years in prison and fined $20,000. John Wilson Jenrette, Jr - Democrat - U.S. Representative from South Carolina from 1975 to 1980. Implicated in the Abscam sting. Convicted on bribery and conspiracy charges and sentenced to prison Neil Goldschmidt - Democrat - Oregon governor. Admitted to having an illegal sexual relationship with a 14-year-old teenager while he was serving as Mayor of Portland. Alcee Lamar Hastings - Democrat - U.S. Representative from Florida. Impeached and removed from office as federal judge in 1989 over bribery charges. Marion Barry - Democrat - mayor of Washington, D.C., from 1979 to 1991 and again from 1995 to 1999. Convicted of cocaine possession after being caught on videotape smoking crack cocaine. Sentenced to six months in prison. Mario Biaggi - Democrat - U.S. Representative from New York from 1969 to 1988. Indicted on federal charges that he had accepted bribes in return for influence on federal contracts.Convicted of obstructing justice and accepting illegal gratuities. Tried in 1988 on federal racketeering charges and convicted on 15 felony counts. Lee Alexander - Democrat - Mayor of Syracuse, N.Y. from 1970 to 1985. Was indicted over a $1.5 million kickback scandal. Pleaded guilty to racketeering and tax evasion charges. Served six years in prison. Bill Campbell - Democrat - Mayor of Atlanta. Indicted and charged with fraud over claims he accepted improper payments from contractors seeking city contracts. Frank Ballance - Democrat - Congressman North Carolina. Pleaded guilty to one charge of conspiracy to commit mail fraud and money laundering related to mishandling of money by his charitable foundation. Hazel O'Leary - Democrat - Secretary of Energy during the Clinton Administration - O'leary took trips all over the world as Secretary with as many 50 staff members and at times rented a plane, which was used by Madonna during her concert tours. Lafayette Thomas - Democrat - Candidate for Tennessee State House of Representatives in 1954. Sheriff of Davidson County, from 1972 to 1990. Indicted in federal court on 54 counts of abusing his power as sheriff. Pleaded guilty to theft and mail fraud; sentenced to five years in prison. Mary Rose Oakar - Democrat - U.S. Representative from Ohio from 1977 to 1993. Pleaded guilty to two misdemeanor charges of funneling $16,000 through fake donors. David Giles - Democrat - candidate for U.S. Representative from Washington in 1986 and 1990. Convicted in June 2000 of child rape. Gary Siplin - Democrat state senator Florida- found guilty of third-degree grand theft of $5,000 or more, a felony, and using services of employees for his candidacy. Edward Mezvinsky - Democrat - U.S. Representative from Iowa from 1973 to 1977. Indicted on 56 federal fraud charges. Lena Swanson - Democrat - Member of Washington State Senate in 1997. Pleaded guilty to charges of soliciting unlawful payments from veterans and former prisoners of war. Abraham J. Hirschfeld - Democrat - candidate in Democratic primary for U.S. Senator from New York in 1974 and 1976. Offered Paula Jones $1 million to drop her sexual harassment lawsuit against President Bill Clinton. Convicted in 2000 of trying to hire a hit man to kill his business partner. Henry Cisneros - Democrat - U.S. Secretary of Housing and Urban Development from 1993 to 1997. Pleaded guilty to a misdemeanor charge of lying to the FBI. James A. Traficant Jr. - Member of House of Representatives from Ohio. Expelled from Congress after being convicted of corruption charges. Sentenced today to eight years in prison for accepting bribes and kickbacks. John Doug Hays - Democrat - member of Kentucky State Senate from 1980 to 1982 Found guilty of mail fraud for submitting false campaign reports stemming from an unsuccessful run for judge. He was sentenced to six months in prison to be followed by six months of home confinement and three years of probation. Henry J. Cianfrani - Democrat - Pennsylvania State Senate from 1967 to 1976. Convicted on federal charges of racketeering and mail fraud for padding his Senate payroll. Sentenced to five years in federal prison. David Hall - Democrat - Governor of Oklahoma from 1971 to 1975. Indicted on extortion and conspiracy charges. Convicted and sentenced to three years in prison. John A. Celona - Democrat - A former state senator was charged with the three counts of mail fraud. Federal prosecutors accused him of defrauding the state and collecting hundreds of thousands of dollars from CVS Corp. and others while serving in the legislature. Celona has agreed to plead guilty to taking money from the CVS pharmacy chain and other companies that had interest in legislation. Under the deal, Celona agreed to cooperate with investigators. He faces up to five years in federal prison on each of the three counts and a $250,000 fine Allan Turner Howe - Democrat - U.S. Representative from Utah from 1975 to 1977. Arrested for soliciting a policewoman posing as a prostitute. Jerry Cosentino - Democrat - Illinois State Treasurer. Pleaded guilty to bank fraud - fined $5,000 and sentenced to nine months home confinement. Joseph Waggonner Jr. - Democrat - U.S. Representative from Louisiana from 1961 to 19 79. Arrested in Washington, D.C. for soliciting a policewoman posing as a prostitute Albert G. Bustamante - Democrat - U.S. Representative from Texas from 1985 to 1993. Convicted in 1993 on racketeering and bribery charges and sentenced to prison. Lawrence Jack Smith - Democrat - U.S. Representative from Florida from 1983 to 1993. Sentenced to three months in federal prison for tax evasion. David Lee Walters - Democrat - Governor of Oklahoma from 1991 to 1995. Pleaded guilty to a misdemeanor election law violation. James Guy Tucker, Jr. - Democrat - Governor of Arkansas from 1992 to 1996. Resigned in July 1996 after conviction on federal fraud charges as part of the Whitewater investigation. Walter Rayford Tucker - Democrat - Mayor of Compton, California from 1991 to 1992; U.S. Representative from California from 1993 to 1995. Sentenced to 27 months in prison for extortion and tax evasion. William McCuen - Democrat - Secretary of State of Arkansas from 1985 to 1995. Admitted accepting kickbacks from two supporters he gave jobs, and not paying taxes on the money. Admitted to conspiring with a political consultant to split $53,560 embezzled from the state in a sham transaction. He was indicted on corruption charges. Pleaded guilty to felony counts tax evasion and accepting a kickback. Sentenced to 17 years in prison. Walter Fauntroy - Democrat - Delegate to U.S. Congress from the District of Columbia from 1971 to 1991. Charged in federal court with making false statements on financial disclosure forms. Pleaded guilty to one felony count and sentenced to probation. Carroll Hubbard, Jr. - Democrat - Kentucky State Senate from 1968 to 1975 and U.S. Representative from Kentucky from 1975 to 1993. Pleaded guilty to conspiring to defraud the Federal Elections Commission and to theft of government property; sentenced to three years in prison. Joseph Kolter - Democrat - member of Pennsylvania State House of Representatives from 1969 to 1982 and U.S. Representative from Pennsylvania from 1983 to 1993. Indicted by a Federal grand jury on five felony charges of embezzlement at the U.S. House post office. Pleaded guilty. Webster Hubbell - Democrat - Chief Justice of Arkansas State Supreme Court in 1983. Pleaded guilty to federal mail fraud and tax evasion charges - sentenced to 21 months in prison. Nicholas Mavroules - Democrat - U.S. Representative from Massachusetts from 1979 to 1993. Pleaded guilty to charges of tax fraud and accepting gratuities while in office. Carl Christopher Perkins - Democrat - Kentucky State House of Representatives from 1981 to 1984 and U.S. Representative from Kentucky from 1985 to 1993. Pleaded guilty to bank fraud in connection with the House banking scandal. Perkins wrote overdrafts totaling about $300,000. Pleaded guilty to charges of filing false statements with the Federal Election Commission and false financial disclosure reports. Sentenced to 21 months in prison. Richard Hanna - Democrat - U.S. Representative from California from 1963 to 1974. Received payments of about $200,000 from a Korean businessman in what became known as the "Koreagate" influence buying scandal. Pleaded guilty and sentenced to federal prison. Angelo Errichetti - Democrat - New Jersey State Senator was sentenced to six years in prison and fined $40,000 for his involvement in Abscam. Daniel Baugh Brewster - Democrat - U.S. Senator from Maryland. Indicted on charges of accepting illegal gratuity while in Senate. Thomas Joseph Dodd - Democrat - U.S. Senator from Connecticut. Censured by the Senate for financial improprieties, having diverted $116,000 in campaign and testimonial funds to his own use Edward Fretwell Prichard, Jr. - Democrat - Delegate to Democratic National Convention from Kentucky. Convicted of vote fraud in federal court in connection with ballot-box stuffing. Served five months in prison. Jerry Springer - Democrat - Resigned from Cincinnati City Council in 1974 after admitting to paying a prostitute with a personal check, which was found in a police raid on a massage parlor. Guy Hamilton Jones, Sr. - Democrat -Arkansas State Senate. Convicted on federal tax charges and expelled from the Arkansas Senate. Daniel Flood - Democrat - U.S. Representative from Pennsylvania from 1945 to 1947, 1949 to 1953 and 1955 to 1980. Pleaded guilty to a conspiracy charge involving payoffs and sentenced to probation. Otto Kerner, Jr - Democrat - Governor of Illinois from 1961 to 1968. While serving as Governor, he and another official made a gain of over $300,000 in a stock deal. Convicted on 17 counts of bribery, conspiracy, perjury, and related charges. Sentenced to three years in federal prison and fined $50,000. George Crockett, Jr. - Democrat - U.S. Representative from Michigan. Served four months in federal prison for contempt of court following his defense of a Communist leader on trial for advocating the overthrow of the government. Cornelius Edward Gallagher - Democrat - U.S. Representative from New Jersey from 1959 to 1973. Indicted on federal charges of income tax evasion, conspiracy, and perjury Mark B. Jimenez - Democrat fundraiser - sentenced to 27 months in prison on charges of tax evasion and conspiracy to defraud the United States and commit election financing offenses. Bobby Lee Rush - Democrat - U.S. Representative from Illinois. As a Black Panther, spent six months in prison on a weapons charge. Bolley ''Bo'' Johnson - Democrat - Former Florida House Speaker - received a two-year term for tax evasion. Roger L. Green - Democrat - Brooklyn Democrat Assemblyman. Pleaded guilty to a misdemeanor for accepting travel reimbursement for trips he did not pay for and was sentenced to fines and probation. Gloria Davis - Democrat - Bronx assemblywoman. Pleaded guilty to second-degree bribe-taking. Or is it the Clinton, what ever you can get away with mentality?
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