Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
Taking RMD's. Can I gift to my grandchildren tax free with
Taking RMD's. Can I gift to my grandchildren tax free with the exclusion law? will the gift come off the top reducing taxable income? … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
19,083 satisfied customers
I am getting conflicting answers from two lawyers I have
I am getting conflicting answers from two lawyers I have asked this question. I thought it might be better to as a CPA this question....I have threatened to sue a firm for emotional distress damages a… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
19,083 satisfied customers
I am 88 years old living in an assisted living retirement
I am 88 years old living in an assisted living retirement home.. I had an IRA account that was mismanaged by a brokerage firm and lost substantial money. I invested with the firm over $250,000 and it … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,403 satisfied customers
I have a client who's child goes to private school. The
Hi- I have a client who's child goes to private school. The school district is reimbursing them the tuition for the private school and also legal fees that they incurred to get the district to pay for… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
19,083 satisfied customers
In 2015, I opened a brokerage account and bought stocks.
In 2015, I opened a brokerage account and bought stocks. After a few months, I got bored and sold the stocks at a slight loss and closed the account. Today I received a bill from the IRS for several t… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
19,083 satisfied customers
My husband and I had 20% in a company with 2 other business
My husband and I had 20% in a company with 2 other business partners. At the close of this business we hired attorneys to draw up a settlement agreement that both parties have signed. Now in Oct of 20… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
19,083 satisfied customers
Question US tax law professional: an entity asked me to
Question for a US tax law professional: an entity asked me to provide W-9 in the event of a small legal settlement (less than $600). The implied understanding was that the amount would be treated as t… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,382 satisfied customers
A financial advisor/insurance agent is new to moving money
A financial advisor/insurance agent is new to moving money from retirement account to another retirement account. A client of another firm not associated with the advisor has a non-qualified account a… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
19,083 satisfied customers
Question 1: If there is a judgment against an IRA (the lawsuit
Question 1: If there is a judgment against an IRA (the lawsuit was filed against the IRA not the owner of the IRA), should the money to pay the judgment be taken out of the IRA or personal funds? Ques… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
19,083 satisfied customers
Hypo: a tenant is forced from their home, due in part to negligence
Hypo: a tenant is forced from their home, due in part to negligence or wrongful behavior by a landlord, sues the landlord. The tenant's attorney breaks his professional obligations, the tenant finds t… read more
Jesse Handel
Jesse Handel
Tax Preparer and Chemist
Bachelor's Degree
161 satisfied customers
WE were frauded by the appraiser for the property we bought
WE were frauded by the appraiser for the property we bought in 2006. She over valued the home due to a 1000 sq. ft. miss measurement and bad calculations. We sued and received a $60,000 payment from t… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
2,692 satisfied customers
Taxpayer received $ 250,000 from a lawsuit. A insurance company
Taxpayer received $ 250,000 from a lawsuit. A insurance company fiduciary failed to supply the taxpayer with forms needed for preparation of his tax return for 5 years. Taxpayer received approx $ 50,0… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,403 satisfied customers
My 88 year old aunt died in Feb of 2009. She had several IRAs
My 88 year old aunt died in Feb of 2009. She had several IRA's totaling about $500,000. The beneficiary of the IRA's was the estate. (I know...bad tax planning) I am her neice, age 61, a 40% beneficia… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,249 satisfied customers
Was the lifetime gift tax exemption to a spouse an unlimited
Was the lifetime gift tax exemption to a spouse an unlimited amount before the 1976 unified federal tax code, as it is today?… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I received a settlement for a personal injury, as far as i
I received a settlement for a personal injury, as far as i know there were no punitive damages and the paper that the lawer furnished me stated it was a settlement for a personal injury last past and … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,403 satisfied customers
I received a $332 settlement from American Express Financial
I received a $332 settlement from American Express Financial Advisors Securities Litigation Settlement in October 2008 (http://www.financialfeesettlement.com/) This was a class action involving breach… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
If an employee receives a severance that includes an amount ...
If an employee receives a severance that includes an amount for lawyers fees and this amount is paid by the employer directly to the lawyers, should this amount be included on the employee's W-2 as wa… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
My 82 year old father has a friend doing his bookkeeping ...
My 82 year old father has a friend doing his bookkeeping for him. I am concerned about this person not telling the whole story about my father's finances. I takes withdrawals from his IRA, which I am … read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,937 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

261 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

17,888 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x