Tax Refund Irs

Question: As anyone gotten a irs Tax Refund yet?
As anyone gotten a irs tax refund yet?
we have a date of february 1st for a refund from the irs…..has anyone gotten their refund directly on the date given to them or earlier/later? please post!!!!!!!!!!!!Answer: Not yet.. but I hear it’s going to be a bigger refund than normal. I sure hope they’re telling the truth O_O
IRS sitting on unclaimed tax refunds
Gross Income Net Of Taxes

Question: Operating income, gross profit, net profit etc definitions?
Could you please define these words in formula terms:
Ex: Gross Profit= Sales – COst of goods Sold ( other expenses not included)For the following terms please.
OPerating Income
Operating Profit
Operating Margin
Net Profit
Net Profit before Tax ( and Interest)
Net working capital
Net capital Requirement
Capital requirementI am not sure but Operating income has also sth to do with a volume variance,
Thanks
well please still answer the questionAnswer: 1. Inventory sold * price per unit.
2. Operating income – COGS
3. Operating income / revenue.
4. Operating profit – indirect and overhead expenses not in COGS.
5. Net profit – SG&A (except interest).
6. Current Assets – Current liabilities.7. Capital requirement has to do with regulated corporations. It involves calculating debt / liquid assets. The “requirement” part is how much liquid assets they must have in order to be in compliance. So I’m sorry, but I’m not really sure how to answer this last part in a similar manner as those previous.
Investing in San Diego Real Estate Market Terms, NOI -NET OPERATING INCOME
Gross Income Accounting

Question: how do you find net sales,gross profit, and income from oprations?
Assume Baja Company has the following account balances: Sales $537,330, Sales Returns and Allowances $15,045, Cost of Goods Sold $339,984, Selling Expenses $71,520, and Administrative Expenses $42,518,find net sales, gross profit and income from oprations
Answer: Net sales are the sales minus any discounts or returns : 537,330 – 15,045 = 522,285
Your gross profit is what you make on the sales of the product, without taking into account any support costs (sales and administrative expenses): 522,285 – 339,984 = 182,301
Your income from operations is your net income, after it’s all said and done. 182,301 – 71,520 – 42,518 = 68,263
Next time, google it
Basic Accounting : Preparing a Profit & Loss Statement
Tax Filing Guide

Question: Where can I efile a Hawaii N-11 tax form without filing my federal too?
I’ve already filed my federal taxes and I want to efile a Hawaii state N-11, Schedule X, and 2106-EZ. The official state website doesn’t let you efile those without doing your federal return as well. Also, I don’t need to be guided through the questions, I already have the forms prepared by my very excellent Honolulu accountant. I need a website that will just let me plug in the info onto the actual form and submit. Any suggestions are GREATLY appreciated, I’d love you forever!
Answer: let your accountant efile it for you
if the Hawaii website is not allowing you to do it, there is none available unless the other efile companies will let you input the state only
Ernst & Young 2011 Tax Guide, Tax Tips and Tax Law Changes
File Taxes Online Free

Question: Does anyone know of a way to File Taxes Online for free? ?
Im trying to file my taxes online and i need to know is there a website or anything where i can file my state and federal taxes returns for free? Or atleast have them deduct the fee from my refund. I did it that way last year on H&R Block’s website but it doesnt have that option this year. Anybody have any ideas?
Answer: Yes taxact.com will allow you to file your federal taxes for free and charges $13 for state taxes. You can have them take the charge out of your return but it costs an extra $15.
Call For Help – File Your Taxes Online
