If I'm 80 years old and sell my stock in 2012 with a capital gain of around $175,000, can you give me some idea of the tax liability? My net income is $17,000 yearly.
November 7th, 2024
I just received a tax notice from the State of CA for a period when I worked there for only three months with Apple. The notice pertains to the 2010 tax filing year, which I received on 15 April 2017. Is there any issue with the delayed notice, and do I have any recourse other than paying the tax?
April 11th, 2023
How do I get my W-2 if I haven't received it?
June 16th, 2024
I am planning to do Streamline Domestic Offshore and have two questions: 1) Does this require preclearance? 2) If I reported my lump sum distributions on the 1040 but failed to file FBAR/8938, am I still eligible for this procedure?
May 2nd, 2023
We were notified that we won $650,000.00 in a lottery in February 2011 and that the money is in escrow in Panama City, Panama. We are now being asked to pay $3250 per form to file with the IRS and Customs to release the money, which will then be delivered by FedEx and we will be reimbursed. Is this a scam, and were we told correctly that this money would be tax-free?
January 10th, 2023
I am blind in one eye and my accountant never thought to ask about an additional deduction for blindness. I have never filed for this deduction. Is there any retroactive action I can take, since I have been eligible my whole adult life?
March 18th, 2024