While most of us middle-income taxpayers get our money working for wages, wealthier individuals tend to let... Read more → Posted on Monday, October 28, 2024 at 10:05 PM in Dependents, Estate tax, Family, Finances, Inflation, Investing Capital Gains, IRS, Rich Wealthy, Tax planning, ...
It looks like we didn’t get crushed by taxes this year, even if we did owe money to the IRS. That’s nice, since we skipped the one step we were supposed to take to avoid an April 15 financial hit. I knew going into filing season that last year’s tax changes (I prefer not ...
Could we afford to start with no money down, offer financing and a 100% money back guarantee (plus $200 out of our pockets and finish your case for free) if we didn’t deliver on our promise to get you relief from your tax debt? On the other hand, the success we’ve had, the R...
For one, the immense number of changes to our tax code since theTax Cuts & Jobs Act (TCJA)took effect in 2018 has made tax planning substantially more complex than it used to be. The amount of time it takes to do a “back of the envelope” or “paper napkin” calculation has triple...
Will I owe taxes if I have a 1099? Who is required to fill out a 1099 form? Do you pay more taxes as a 1099? Does a 1099 mean I have to pay taxes? What is a 1099 form for? What is the difference between 1099 and W-2? Is it better to be paid 1099 or W-2? Fo...
tax refund, of course. And more taxpayers could end up owing this year, especially given that more people took on side gigs last year to compensate for higher costs, Steber said. Some of them might not have paid quarterly self-employment taxes and could owe the IRS come April 15, he ...
re getting atax offsetwhich may result in your refund being less than you expected. The reason for this is that the federal government has “offset” or deducted monies from your tax refund to cover debts you owe other federal agencies. See this article to get more details onwhy your ...
You must get the form to the IRS by tomorrow, or at least have the envelope postmarked 10/15 if you are snail mailing a paper tax return, or you’ll get hit with late-filing and, if you owe more than you paid when you got your extension, late-payment penalties a...
I had the MOST wonderful experience. I dealt with Jack and Ava. Both were very informative, and really took charge of my tax matter. I was able to get everything handled in about 6 months and save a lot of money. I will say I was a nervous wreck and had trouble just relaxing, but...
Barry, who knew that I had stolen the money from my mom, reminded me that I needed to replace the money. When I looked questioningly around at everyone, they all encouraged me to do it. The thought of my mom finding the money missing and me having to tell her I took it and lost i...