I'm filing my franchise taxes for Texas under no taxes due for the first time. My company was formed on 11/30/18. I'm unsure about the accounting year begin and end dates and the correct address for the Principal Office. Can you help?

September 3rd, 2024

I need to get my taxes prepared for 2018 and I will become eligible for a pension later this year. Can I take a partial lump sum from my pension and use it to pay off my mortgage without incurring taxes? I will also be receiving an inheritance soon. How will these financial changes affect my tax situation?

July 16th, 2023

I'm a freelance designer working on a project in Vienna, Austria. To avoid double taxation, I filled out Form 1088 and received a letter from the IRS confirming my U.S. residency for tax purposes. I submitted this to my employer, but they also require Form ZS-QU1, which I have filled out. I don't understand which tax authority is supposed to stamp this document.

June 30th, 2024

As a disabled veteran with an 80% disability rating, can I deduct the amount of my disability from my military retirement income when filing taxes, and if so, how should I proceed to amend prior tax returns to reflect this?

March 2nd, 2023

I have an old 401k from a terminated employer with a balance of $11,737. I am considering withdrawing the money to pay off a $6,300 credit card debt and invest the remaining amount into a Roth IRA. I am 36 years old, file taxes as single, and expect to earn around $69,500 this year. I want to know if it's worth taking the 10% IRS penalty and the resulting taxable income, which would keep me under the $82,400 tax bracket, or if there's a better way to get a tax break or invest in another retirement program.

April 16th, 2024