asked
Should I exercise my Incentive Stock Options (ISOs) now or later, considering the cost to purchase the options is approximately $60k and the fair market value (FMV) is around $330k, with a combined income of $345k?
June 14th, 2023
I am late filing. I cannot recall if I am required to file 1099-S or 1099-Misc for funds given to a former business partner after the sale of my home that was originally a flip project that ended up becoming my residence. The home sold in July 2018, and I gave the former partner $132k to cover the $83k invested plus interest. No written partnership agreement existed.
November 19th, 2024
Can I order a copy of my past K1 from the IRS if the partnership has sent it to the IRS but not to me, and there is bad blood between us, so I need a copy?
February 9th, 2024
Due to a year-end correction, I need to issue 2 additional W-2's for 2015. I have already sent in my red copies to Social Security for my other employees. Do I just print the new W-2's and W-3 or do I need to do W-2c & W-3? These 2 employees did not have a W-2 before the correction.
October 28th, 2023
I’m turning 59 and planning to withdraw money from my retirement. Will I still receive my taxes back or will I be penalized?
December 27th, 2023
I am having to amend my tax returns. On my original Federal return, I had a refund of $3k that I elected to be used as estimated tax towards 2018. Is it possible to move that money back on the amended return to cover what I will owe?
September 29th, 2023