Adrian C. asked
I am a permanent and total disabled veteran. I have substantial storm damage to my home and am considering withdrawing traditional TSP savings to make repairs. What is the tax rate on that, and at age 53, do I have to pay additional penalties?
June 3rd, 2023
Anthony B. answered
As a totally and permanently disabled individual, you are exempt from the 10% early withdrawal penal...
June 3rd, 2023
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I want to pay my 2021 taxes today. I am located in Fort Worth, Texas, aged 61 with no dependents, and I typically file married filing separate. I owe taxes for last year and am having trouble paying the total amount online. What are my payment options?
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I have questions about tax loss carryforwards in M&A transactions. Can a company acquire another company solely for its tax losses to offset its taxable income, and what are the limitations and complications involved?
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