asked
I work from home in Nevada for a California company in San Francisco. I am a licensed insurance agent in Nevada with a California non-resident insurance license. What state labor laws for overtime would be used, and which state's taxes should be deducted from my paycheck, Nevada or California?
June 13th, 2024
I would like to know if the IRS has already received my payment for the 2020 tax year, as I keep receiving letters indicating I owe a debt.
December 16th, 2023
My father-in-law, who is 89 years old and was under a doctor's care for a UTI, closed out his IRA worth $55,000 and transferred the funds to his checking account. He later opened a new IRA with the same bank. He received an IRS bill for over $12,000. We believe he is entitled to relief due to his mental and medical state at the time of the initial IRA closure. How can we resolve this issue with the IRS, and what steps should we take to prepare for a potential hearing?
May 4th, 2024
How do I get copies of my tax transcripts if I filed jointly and have a different address?
July 28th, 2024
I might have to sell my 2-family home worth $780,200, which I owe $179,000 on. I am over 65, and the profit will go towards a new condo or small single-family home. My income was zero last year due to house repairs and $36 the year before. How much capital gains tax would I have to pay, and how does my status as an owner-occupied landlord affect this?
December 9th, 2023
Can a house that I lived in last year but no longer live in be claimed as my primary residence to avoid capital gains taxes? I acquired the house in June 2020 for $360k, have purchased another house, and am now selling the first house.
November 29th, 2024