My sister has a mutual fund where her IRA was placed. After this week's losses, can she write them off on her taxes for the next few years? I don't know what type of IRA.

May 20th, 2023

What are the tax filing requirements and tax rates for dividends for an LLC or C-Corp providing services from Cyprus, and how does this differ based on the type of entity and the source of income?

July 27th, 2023

I was laid off from December 2007 through March 2008, got hurt in May 2008, and have been off work until next week. I received 3 months of disability through my own Aflac policy. My husband and I separated in April 2008 but are not divorced yet due to financial constraints. I am confused about taxes. Do I have to pay taxes on my disability? Can I file separately? I am confused.

January 20th, 2023

How are quarterly taxes figured?

March 24th, 2023

My father recently passed away and listed me as a beneficiary to his Thrift Savings Plan as a civilian employee. They paid out the money minus 20% standard Federal withholding. Will the payment to me be subject to additional tax (state, income) or be treated as ordinary income on my 2014 income tax return?

April 8th, 2024