Make big profit

I am a licensed realestate agent in florida and i am about to close on a big commercial deal. I stand to make between 10 and 30 thousand dollars in comission. My husband says that if i am not incorporated the irs will take 57% of my commision for windfall profit tax. Is this true and what can i do to prevent it? Any info would be much appreciated as this is my first deal and i have made plans to reinvest this money in another property

yknot92688 asked:


Have a non-profit sports team and trying to get donations, but if a donation is big enough or from a company they request your number.

Bluebeard asked:


deduct the cost of there “business travel” in their personal car from their income tax. Why? Well, they say, “But I have to travel because of my job.” Well, I TOO have to travel because of my job. I have to get there and back. That is EXACTLY the same as the way a traveling saleman uses his car. It takes him to where he works. My car takes me to where I work. There is no difference. I am not responsible for him taking a job that requires him to drive so much. That was his choice. So, since we both use our cars in exactly the same way, I think I should be able to deduct the cost of driving to and from my job. What do you think?

tnzbobz asked:


Is there a minimum amount of income a person has to earn to file taxes?? And what is the minimum to file earned income credit?

bballushar80888 asked:


Hi i was wondering what is a great income in the united states , if a person wants to live a great life..not good..GREAT? what is a yearly great income?

businessweek.com

ahmedjg106 asked:


hey guys
I have a question about net income and gross profit.
How gross income and net income are likely to be affected when a company add a new line beside their traditional line?
thanks
hey guys
I have a question about net income and gross profit.
How gross income and net income are likely to be affected when a company add a new line beside their traditional line? if a cereal company adds a new line that is related to its previous line ( new cereal and food and grain-based products ) but outside their traditional line, what will happen to their net income and gross profit?
thanks
if a cereal company adds a new line that is related to its previous line ( new cereal and food and grain-based products ) but outside their traditional line, what will happen to their net income and gross profit?
thanks

stacy_jn2000 asked:


I just had a son the end of may so he is three months old. I Worked almost up until having him. I just want to make sure I plan to go back in time to make enough money because it’s been really nice having a savings and taking the family on a vacation this year.

Kinda S asked:


I work for the City of Philadelphia and I truly find it hard to believe they do not offer the Avacned Earn Income Credit Payment to their employees that make less than what they should. I qualify for this advance payment, I already checked with the IRS.

Please help

money.cnn.com

Rick G asked:


Federal taxes.

oek j asked:


I have one child.