asked
I'm 59 years old, renting my home, making about $75k per year, with zero debt, a company car, $40k in a credit union savings account, and $40k in a 401k. I have no plans to retire soon. What should I do with my savings to maximize investment possibilities? Should I buy a house, invest in gold or the stock market, or consider other options?
December 22nd, 2023
What is the procedure and time frame after being notified of a sale of your property taxes?
August 6th, 2023
For tax purposes, what happens with the canceled debt on a 1099-C from a primary mortgage that was never refinanced and used solely for house purchase, given that the primary mortgage is a non-recourse loan, and a second mortgage was refinanced with some money taken out for a car and home improvements, which was charged off as bad debt two years ago?
April 13th, 2024
I am a 72-year-old single US Permanent Resident with a total adjusted gross income of $20,645.00 from pensions. I have moved from the UK and am unsure about personal exemptions. Can I claim a $3,650 exemption, and how does this affect my tax calculation?
November 18th, 2024
Is my husband entitled to SSI benefits? He is collecting Social Security and has a 20% service-related disability.
December 20th, 2024
I bought a used Kenworth truck from a Canadian dealer last June. The truck was manufactured in the US, so no duty was due at import. Will I be contacted by the IRS for an excise tax at some point?
June 17th, 2023