asked
My father passed away and left me his 401k. What is the tax on the money I pull out and how do I report it? Also, how should we distribute the money best to avoid double or triple taxation?
October 27th, 2023
If someone who is self-employed makes $100,000 net income in NYC, how much percentage approximately goes in taxes, including NYS and NYC taxes?
February 13th, 2024
I have not signed our joint 2011 federal and state income tax, as I want to use my half of the return to pay for my divorce attorney. We are expecting over $50,000 in return. My husband has his own business. We live in Maryland. I have been told that I do not automatically get half. Is that true?
December 26th, 2023
I am inheriting $20,007,000.00 from a bank in England. What would be the tax on this money since I am next of kin? If I want to donate money to a charity, how much would I have to give instead of giving it to Uncle Sam to avoid paying him to help a needy cause? How fast do I have to do it so Sam isn't knocking at my door because I signed a 105 Fincen form?
July 19th, 2023
I work on a cruise ship for the past 7 years. I was informed that since we work in international waters all the time, we have a $25,000 tax exemption yearly. Is that correct? Do we have to pay all the types of taxes a person in the USA land does?
April 29th, 2023
I have back taxes from 2005 to 2008. Can I get out of paying them?
December 2nd, 2024