If someone in NYC makes $100,000 in 1 month from selling bitcoin (crypto), how much tax do they pay, and is it considered short term gain? What is the difference between long term and short term capital gain tax, and what are the applicable rates?

March 28th, 2023

I mailed my taxes on April 18, 2033, and cannot get a status update, nor does my account show any record. What should I do?

November 5th, 2024

I need to resolve a complex matter concerning the payment of my 2021 income tax. I took advantage of the IRS extension in 2021 and did not file my taxes until June 21. I had to pay a more than usual amount of taxes due to unexpected income from a Texas Tomorrow refund. I filed electronically using Turbo Tax and mailed a check on June 13, 2021, but the IRS later claimed they did not receive it. I stopped payment on the check and mailed another one. However, the original check eventually cleared the bank after I had stopped payment on it. I received a check from the Treasury in February 22 for $12,166, and recently got a voucher saying I owe $11,921. How does this get straightened out?

November 13th, 2024

How can I remove tax liens from my credit report if I already have installment agreements with the IRS and FTB (California)?

November 8th, 2023

I filed my taxes on 2/17/2022 and am trying to track my refund for 2021. I have been able to access my account online, but it states my social security number is incorrect. What should I do to resolve this issue and track my refund status?

September 29th, 2023