How can reduce tax withholding from my pay check?

I am a single man and hence my monthly tax withholding is high. However, I have a young business which is still running at a loss such that I get all the taxes that I paid from my pay check. Instead of waiting for this tax refund after 12 months, I need this money to work for me through out the year to reduce interest I am paying on my credit card debt.

can I claim 'credits' so that very little tax is withheld each month such that, in theory, I owe taxes at the end of the year which I will not pay anyway since my business losses will consume that tax due?

OK, serious question. Family Problems. 10 points for best answer?

ok, so my mom has had a boyfrend ever since she seperated with my dad.

guy is a real A55hole. i fucen hate him. he yells at my mom and hes always telling me what to do. i cant say anything because since we lost our house in NC, hes helped my mom out alot cuz she was up to her neck in debt.

i cant take it anymore.

hes telling her to move with him to upstae NY to syracuse.

no way im going there.

the rest of my fam either hates me or would not let me stay with them.

is driving me craz. i have been thinking about suicide because frankly i have nothing to live for. i recently had an idea to get arrested right before we move so that would mess up theyre plans.

way id have somewhere to stay and not in no damnn syracuse.

im starting to think thats not such a good idea. so any ideas of what to do? i love my mom to death but i never developed such a relationship with her as to discuss my problems with her. my mom knows i hate him, and yet she does nothing.

told her before next time he screams at her or me or if he EVER touches one of us, i will knock his fucen teeth out. im only 15 btw i wasnt planning on getting bailed out. i was planning on getting arrested so i could have a place to stay and not in no damnn syracuse

Are you willing to have your wages garnished under Hillary care?

Clinton Health Plan May Mean Tapping Pay By CHARLES BABINGTON Associated Press Writer 2 hours ago WASHINGTON (AP) Democrat Hillary Rodham Clinton said Sunday she might be willing to have workers' wages garnisheed if they refuse to buy health insurance to achieve coverage for all Americans.

New York senator has criticized presidential rival Barack Obama for pushing a health plan that would not require universal coverage. Clinton has not always specified the enforcement measures she would embrace, but when pressed during a television interview, she said: “I think there are a number of mechanisms” that are possible, including “going after people's wages, automatic enrollment.” Clinton said such measures would apply only to workers who can afford health coverage but refuse to buy it, which puts undue pressure on hospitals and emergency rooms.

her plan, she said, health care “will be affordable for everyone” because she would limit premium payments “to a low percent of your income.” Clinton also suggested Obama would be more susceptible to Republican attack ads in a general election because he has not been scrutinized for years as she has. “I've been through the Republican attacks over and over again,” she said on ABC's “This Week.” When Obama was elected to the Senate from Illinois in 2004, she said, he “didn't face anyone who ran attack ads” comparable to those aimed at her.

countered, saying Republicans and independents would be more inclined to oppose Clinton than him in a general election.

problem is “not all of Senator Clinton's making,” he said, “but I don't think there's any doubt that the Republicans consider her a polarizing figure,” he said on CBS' “Face the Nation.” The presidential contenders in both parties focused their campaigning Sunday in some of the 24 states holding primaries or caucuses on Super Tuesday. Clinton was campaigning in Missouri and Minneapolis.

scheduled a rally in Wilmington, Del., while some of his highest-profile surrogates his wife, Michelle, Oprah Winfrey and Caroline Kennedy were rallying voters in Los Angeles.

Republicans, Arizona Sen.

McCain was stumping in Connecticut, and former Massachusetts Gov.

Romney scheduled stops in Glen Ellyn, Ill., and the St.

suburb of Maryland Heights.

Arkansas Gov.

Huckabee was concentrating on the South, with appearances in Georgia and Tennessee.

told “Fox News Sunday” he would veto any tax increase passed by a Democratic-controlled Congress. McCain, who opposed President Bush's first two tax cuts, now says Congress should make the reductions permanent, and that there also should be further tax reductions for business investments.

chief rival, Romney, told the ABC program that McCain “doesn't understand the economy” and that his advocacy of a higher gasoline tax to combat global warming would hurt U.S. consumers.

repeated his claim that McCain is outside the conservative mainstream. “If we want a party that is indistinguishable from Hillary Clinton on an issue like illegal immigration,” Romney said, “we're going to have John McCain as a nominee. That's the wrong way to go. Instead, I believe that you're going to want to have somebody who can show a contrast on issues like campaign finance reform, like illegal immigration, like global warming.” McCain, who also appeared on “Face the Nation,” said he is “far more conservative” than Romney. Huckabee said it was time for Romney, who lost major contests in South Carolina and Florida to McCain, to drop out of the race. “I think it's time for Mitt Romney to step aside,” the former governor, who has won only the Iowa caucuses, said on CNN. “If he wants to call it a two-man race, fine.

that makes it John McCain and me.” Paul, how are you not “buying that” when she said it? That makes no sense.

1st I like Romney overall, but don't think health care should be government subsidized or requred, except maybe for children. We as a people are smart enough to take care of ourselves without Hillary's “help.” Frank right on, I have no problem with someone volunteering to help, but making me help is crazy. t.b. so that's the Democratic stance, it's ok as long as it's a tax? Please, get real.

Best place to open custodial account for 1 time purchase of stock (small for minor?

My son, just turning 10, wants to use $30 of his birthday money to purchase stock in a certain company. It will have to be a custodial account, as he is a minor, will sit untouched at least 8 years (till he's 18 and gains control, I hope longer!). I offered to pay the brokerage fees-where is the cheapest place to do so? I don't want to spend $20 to help him purchase $30 worth of stock. It looks like sharebuilder does them for $4- if you go on 'automatic deposit', which we're not interested in right now. So.cheapest place for one time small stock purchase for a minor? TIA!

What would cause a bank to think account activity is suspicious?

For the past 2 months my fiance has been doing some computer contract work for a big chain and has been getting some pretty big checks for it.

is concerned her bank might get suspicious since she has NEVER had deposits like this before and never had a balance this high.

anyone know if this could happen, and what the bank would do? She has not done anything wrong at all, and I told her that.

is just worried, since 9-11 that the government looks closer to bank accounts now and hers might raise some suspicion.

help to put her mind at ease would be great!

Sick Of Nick-Name?

Hi guys, Im a 13 year old, and me and my twin are very popular in a good way at our school. There's only a problem, I have this really gay nickname. It's ' rich kid” and I hate it. Here's how it started: I never told anyone that our family was extremley wealthy” until I invited a friend around. He was amazed by our house, he said it was a friggin mansion” and he couldn't believe my parents cars and nobody has servents and a chauffer.

next day he told everybody at school.

got bad to worse, People started to borrow money off me, even my friends mum, and started to say I pay my way out of tests becuase I get 100%. Then my mum picked me up in a ferrari wearing Louis Vuitton. I hate my friend for this, and I am soooo embarassed.

can I do? It won't stop HELP! Oh yes, I forgot I'm not showing off and I havn't spoken to my friend ever scince and I'm too embarassed to go to school and they sometimes say really mean things, e.g, they'll tease me and I'll have to pay them to stop

How much home can a young couple afford?

The details: We have $100K+ saved for down payment and our annual salary is $130K+ after 2 years in the work force. We both travel for work 70% of time so low living expenses at home, and travel for vacations is often free.

only debt is a single car payment ($500/mo). We both are young (26) with 4 (going on 5) college degrees and anticipate lots of room for promotions and raises in the next 10 years. Infact, we both are expecting promotions in the next 4-6 months, making our salary ~$155K. My wife is “kind of” conservative, while I believe we can afford to spend more. I would like to look at homes that cost $500K. Is this too much? To help out: At $500K, my lender says our monthly payments would be $2730.88 for Principle, Taxes, Insurance, etc.

is a ratio of 25% of our current gross pay.

I hear of people spending as much as 41% (way too risky!) but that the average American is 28% or so. Wouldn't 25% make us technically “conservative”? Thanks

does anyone know where the best interest rate is in tennessee for home inprovment loan?

does anyone know where the best interest rate is in tennessee for home inprovment loan?

I need some house buying advice!?

Here is the deal: My finace and I make a combined salary of $75,000 We live in a very pricey area where the only places for under $200,000 are condos. We only want to spend this, but don't mind living in a condo. I just graduated college, and plan on going to graduate school in Sept. My income would be practically nothing, and I would probably have to take out student loans to pay rent. My finace can make more this year, and because of his line of buisness he makes alot more money in Fall and Spring (when I am in school) but I will make money over the summer (not in school) It is either, buy now! Before I quit my job, or wait 2 years when our salaries will be much higher! Isn't it always better to buy, I mean we are investing right? I can pay rent and will pay rent, so why not a mortgage? In 3 years, we will be spending $40,000 on rent! Our mortage broker did all pricing and it is only like $400 more a month then we pay now in rent.

give me honest advice! Thanks! Thanks so far, I guess I was more focused on the fact that we are throwing away $40,000 in rent for the next 3 years. Also, we are legally married, I say “fiance” because we haven't had our wedding yet (May 2009)! Oh, and we make 75,000 combined, and my husband is under contract, so unless something insane happens he will have his job for 2 more years.

Are you business oriented? what have you tried?

Ever since I was little I wanted to be in business, whatever it was.

i was 14 I put away shopping carts at local grocery store colecting quarters, just a friend of mine and me, we made just about minimum wage that we were damn happy with being unable to get a job due to age.

I tried my lawncare business lol good times. I had my flyers made, business card printed, name in the phonebook, it was fun and good life experience, but didn't really make much money, i miss those times though Now I just started my landscaping/a bit of contracting company, decks, fences, patios, interlocking, natural stones, and just overall designing aspect, demolition, basement waterproofing, and I LOVE IT.

of course it's winter and i'm disabled for a bit but this year we're gonna hit it off big, my parter and I already financed a bobcat.

have you tried personally? I'm not talking about dealing drugs or getting a job.