asked
How much income tax would one pay on a $400,000 cash inheritance in the US, given that the recipient is a 67-year-old retired individual with no dependents and a monthly income of $2,800 from Social Security and government pension?
March 13th, 2023
As a freelancer, can I give myself a salary while withholding taxes from my paycheck? I receive direct bank deposits from my client and know I'll get 76K each year. Can I count part of that as a salary to ultimately deduct from my income as an expense to lower my self-employment tax?
February 26th, 2024
I am still waiting for a refund that was sent in February for the 2021 tax year. Every time I check the status, it says 'we have received your tax return and it is being processed.' What should I do to track the status of my refund and what are the possible reasons for delays?
August 10th, 2024
How do I change my bank card number for direct payment with the IRS, given that my old card was shredded and I have a new one?
January 19th, 2023
Can a holding company LLC file taxes for its subsidiaries, and if the holding company reports losses, can it offset W2 income?
November 20th, 2024
How do I check the status of my 2018 tax refund if I filed my tax return in March 2022 through tax advisors by mail and the online form only goes to 2019?
May 3rd, 2023