I live in California and received a $30,000 back pay settlement to be paid in three $10,000 installments. My lawyer takes 40% and my agent takes 10% of each payment, leaving me with $5,000 per installment. How much do I pay in state and federal taxes?

July 20th, 2024

With a house valued at 250k (70k equity inside) and remaining assets totaling 100k, 80k in another country (Cambodia), could you send me a template for a will to ensure it all goes to one person if I die? If that person is unable to receive, then it goes to another? My Stateside address is in North Carolina. Additionally, what are the implications if one of my beneficiaries is not a US citizen with a SSN, and what are the tax obligations for someone with an ITIN vs an SSN?

June 10th, 2024

I am a 1040 filer (married filing single) and received IRS correspondence relating to my 2020 Form 1040. I received a CP2000 notice from the IRS and responded via fax stating I do not agree with the changes, but never received a response. I then received a CP3219A notice, which also allowed me to resolve the matter via fax, but again, I have not received a response. The CP3219A notice also provides a deadline to challenge the determination in U.S. Tax Court. Should I attempt to contact the IRS to check the status of my responses, send another response via US Postal Service, continue to work with the IRS after the U.S. Tax Court petition date has passed, and quantify the risks?

January 26th, 2024

Can I get a copy of my 1975 tax return (Form 1040) from the IRS, and if so, how can I obtain it?

December 3rd, 2023

I lived at 17 South Crest Rd. I no longer live at that address. The IRS sent 5 checks to that address in 2020. How can I find out whether the post office sent those checks back to the IRS?

March 3rd, 2024