Unanswered Tax Questions

Deductions and Write-Offs

I just got married and they quit withholding federal taxes

I just got married in July and my employer changed my marital status and now there not withholding federal taxes is this going to effect my tax return

Nonresident Tax Issues

Failed to pay sales tax- let them pursue or pay actual which is much much higher?

I received a letter from the irs last week saying I had failed to pay my sales tax from 2021. If I did not do XYZ (submit this that and the other), they would outside collection of what they estimated the amount to be. My question is what is the disadvantage of letting them pursue collection? It would be significantly easier for me and likely be much less money. Does it hurt my credit or anything like that? And if I choose to go that route do I just do nothing and wait for them to make the next move?

Miscellaneous

My employer says im not making enough money for federal taxes to be taking out of my check that cant be right.

Personal Taxes

Disability

I am on soc sec disability and can’t afford to put aside taxes from alimony and live. Is there some way they would excuse the taxes?

Miscellaneous

CPA has not responded to phone calls or e-mail

I have used Edward E, Burns, cpa, of 220 Montgomery St, SF, CA for over 10 yrs. I submitted my taxes to him via UPS on 09/05/23. Not heard from him. I have left many phone messages and sent e-mail, but no response. Can you help me discover what has happened to Mr. Burns.

Home Ownership

How does adjusting the title on a home affect property taxes?

My partner and I own a house, tenancy in common, 50/50. If we were to transfer title to her name alone (following a separation), would that change the property tax? (Home purchased in California in 2001.)

Tax Filing Tips

Do I have to file taxes if I only have 29 cents worth of transactions

Hello,  My name is Luka, and I'm from Georgia (country). Last year, I created an LLC in Wyoming with Northwest Registered Agent Service. I intended to create an online business, so I managed to acquire a US bank account with Mercury Online Bank. My plans have changed, and I'm not going to continue with US LLC. Here is the question: Do I have to file taxes if only transactions I had with the US bank account were initiated by online services, like Amazon, in order to complete the account registration service? There were two transactions, with a combined amount of 29 cents. Please advise, how shall I proceed? Best regards, Luka

Tax Filing Tips

investor

I bought Ford at $35, then they recapitalized their stock at $12. For tax purposes, is that a loss?

Personal Taxes

Plasma donation

In Washington state, do I need to count money I gain from donating plasma as part of my income?

Deductions and Write-Offs

Tricky question that I need guidance

I am a US taxpayer (citizen) who owns a foreign business that does business in the US.(call center) I jointly file with my wife who is a dual citizen. We moved abroad almost exclusively during covid 19 height. She started a small business ( call center) that provides outsourced reps to a US based hospital. I was hoping to know 3 main questions. 1. With filing, should this be included in our tax filing on or about Feb./March? 2. If so, are we able to claim standard deductible purchases for the business ( tools, supplies, office space, utilities, business travel, ect.) 3(a) Any foreign taxes (filings) are the able to be claimed as business expenses? 3. (B)And should we/she file an itemized or standard filing? I greatly appreciate any assistance as we are not rich and the small business is estimated to gross approximately 3, 000 usd currently at this pace. Next year it should approach 10,000.