tax office

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16

I Am Self Emplyed and Getting Audited, What to Do Now?????

P.V. asks from Houston

I see amazing responses on this site, so I thought of asking you all the following. I am self employed and just got on the mail a letter from the Internal Revenue ...

6

Are You Self Employed and How Do You Do Taxes.??

L.O. asks from Detroit

I have been offered a new position that will pay me a great wage but I will considered self employed. I understand that this means I will pay my own taxes including e...

47

If You Had $500,000, What Would You Do?

D.P. asks from Pittsburgh

If you unexpectedly were given $500,000 (tax free), what would you do with it? Pay down debt? Save it? Curious to know what you all would do with a bonus $500,000?

3

For Those of You That Make Things to Sell on Ebay

❤.M. asks from Los Angeles

Do you have to have a license? Is it easy enought to do on that site? Do you like doing it? Any kiind of profit? I realize it's probably marginal but wonder if yo...

6

Seeking an Accountant in Lewisville/Flower Mound/Highland Village Area

J.H. asks from Dallas

Hi, My husband and I usually do our taxes using Turbo Tax. However, last year we sold a house, bought a house and adopted a child. I'm thinking we might need som...

7

Adult Children Dependant Provision

R.T. asks from Champaign

My husband who does not handle any of the household bills, finances, paperwork etc added our 24 year old back to his medical plan under this new provision that was o...

14

JFF - Who Hasn't Started Their Taxes Yet?

X.X. asks from Denver

Curious, as I sit here preparing tax returns tonight, who hasn't even started their taxes yet? Other than waiting for a K-1 to arrive, what is holidng you up other th...

9

Ex Owes Money in Back Child Support & Trying to Claim

Y.J. asks from New York

Hi I was wondering if there was anything that i can do legally because ex owes money in back child support and has not seen our child in over a yr but he claimed him ...

4

Inheritance and Taxes

P.P. asks from Minneapolis

My dad passed away and the forms I filled out said it recommends that 20% of federal be taken out of one lump sum and 10% federal should be taken out of the other. T...

11

Has Anyone Appealed Their Property Taxes?

M.J. asks from Chicago

We refinanced yesterday and I requested a copy of the real estate appraisal. The appraised value of our house is $48,000 less than the fair cash value of our house o...

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Answer Highlights

  • rest into savings investments in 2 answers "I would put at least half of the rest into savings/investments and an emergency fund."
  • pay off our mortgage in 2 answers "Now I know it's a dream ;-) I would pay off our mortgage, so that would be about ..."
  • pay off our debt in 2 answers "I would pay off our debt...which together we just have about $5,000 and then pay my ..."
  • your taxable income in 2 answers "why would claiming your son increase your taxable income?"
  • pay off the mortgage in 4 answers "Pay off the mortgage! Wow, talk about a stress reliever."