asked
My mother inherited half of a farm in NY when my father died in 2003. The farm is now being sold for $80,000, with $40,000 going to my mother. Is there any tax or penalties for my mother on this inheritance, especially since she is on a fixed income and needs to use some of the money for medical bills? What is the best way to handle this?
January 17th, 2024
If you receive an inheritance of under $100,000 from the sale of a farm in Kansas, do you have to pay taxes on it?
August 11th, 2024
Can an accountant for the small company I work for change my dependent status without my permission, and who is responsible for selecting the amount of dependents on my tax forms?
January 27th, 2024
I'm 33 and have never filed taxes. I don't have a copy of my W-4. What do I need to do to start filing taxes and what penalties am I facing?
June 25th, 2023
Do I have to claim money received from egg donation?
December 21st, 2024
When you have a business, other than state and federal tax, what other taxes do you need to deduct from your income and how much?
March 23rd, 2024