omnet solutions

Question by Trevor P: How far back can I file late tax returns?
I was terribly lazy in college and did not file my tax returns as I did not make much money and didn’t really worry about getting $ 100 back from Uncle Sam. I figure I should probably go ahead and get these done, but the oldest is from 5 years ago. How far back can I go to file these returns? My brother tells me he thinks it is only 3 yrs back, but he’s pretty much just guessing. Can someone clarify thsi for me?

Best answer:

Answer by Wayne Z
If the feds owe you are refund, you can only go back three years. 2004, 2005, 2006 are still open for refunds. Anything prior to that would be closed.

What do you think? Answer below!

Question by purplelurcher: Is there a free online sales tax calculator for ontario canada?
I need one place to input one sum and it automatically calculates the total including tax. I know how to do the math, however I have hundreds of receipts with partial writeoffs. I don’t have the time to go through each one and tap all of the keys it will take to figure out the total after taxes of $ 1.18, etc. Does anyone know of a free online sales tax calculator for both PST and GST?
I have even asked people for Excel speadsheets with this formula on it and I still can’t get my hands on one. I don’t know how to use excel other then inputting.

Best answer:

Answer by SCOTT M
You need to LEARN to use Excel. It’s easy:

Let’s say Ontario’s sales tax is 8%, so your after tax gross is 92% of that.

In Column A1 put your gross receipt, say $ 100.00; in Column B1 put the tax rate (0.92). In Column C1 put the following formula: =A1*B1. Column C will reflect the $ 92.00.

Excel is very simple and there are lots of books available. It also comes with a tutorial. Learn to use it and you may save an ENORMOUS amount of time.

Give your answer to this question below!

Question by Mona K.: Is it true that online retailers do not have to pay sales tax in California?
I did some research for a friend, but could not really
find out…

So if you do online business based in California and you sell to a Califonian based person you do not have to pay sales tax?

Thank you!

Best answer:

Answer by mercedes
They have to pay if they buy something for their own use.

Give your answer to this question below!