Myself and my two sons will receive monies from the UK as a result of my father's death. The money is coming from my mother and was not stipulated in the will. My sons will each receive $47,000 and I will receive $76,000. How will this affect our taxes?
April 2nd, 2024
I received a writ of request to garnish my taxes for an apartment I owe money to. I'm in the middle of filing for bankruptcy and planning to get a rapid refund from H&R Block. Will the apartment be able to garnish my tax refund, and will my rapid refund go through if the apartment has put a writ of request?
February 6th, 2023
Do I need to withhold the standard 25% federal withholding rate for bonuses, separate from normal payroll? What if I include it in my normal payroll? Is it legal to withhold based on the employee's normal wage percentage, and will the company face any penalties if not using the 25% rate? Should bonuses be processed in a separate payroll from normal salary/wage payroll?
June 26th, 2023
How should I handle filing taxes for my wife's employment situation where her employer switched from using a payroll company to paying her in cash without withholding any taxes for the last 4 months of the year?
April 26th, 2024
Is a judgement paid, resulting from a car accident where I was found negligent, tax deductible?
March 30th, 2024
How does a non-US citizen get a temporary Tax ID number?
July 24th, 2024