asked
I work for the federal government and will be the only income in my household. We are a family of 6, with 4 children under 17. My spouse does not work, and I have 6 allowances in my W-4. Should it be more? I received my first paycheck and they withheld too much for me.
January 15th, 2024
I am not happy at my current job, so I plan to sell my house after owning it for 5-6 months and quit my job before the closing date to avoid paying capital gains tax. Does this strategy work, and do I have to move from the area? What are the exceptions?
December 29th, 2024
If I sell a piece of land that I own but don't live on, can I reinvest some or all of the money I receive to defer paying taxes on it?
January 31st, 2024
If you employ your child under the age of 18 for the summer in a sole proprietorship, how should the funds be recorded, and do we issue a 1099 or W-2 at the end of the year? The child will make $6,000 this year.
October 19th, 2024
Will I receive a bigger tax refund next year since I am starting college in July?
November 18th, 2023
I am renting a home in Palm Beach Gardens, Florida. Is there a tax break applicable to my monthly rent?
July 7th, 2024