
25 November 2019 | 2 replies
When I say, this is where my money comes from, they all seem to say yes, I can handle that, but then they do not.I know I need someone who can handle taxes for Trust money, Roth IRAS, regular IRAS, a real estate business (definitely work more than 750 hours a year and its my only business as I am retired from other job) involving buying foreclosures, fixing them then renting them, and federal retirement funds.

27 November 2019 | 7 replies
I was told by the custodian of the 401K, that I would pay approximately 27% federal taxes at time of withdrawal and at the end of the year city and state taxes.

6 December 2019 | 26 replies
It must file the appropriate forms with various state and federal agencies monthly, quarterly, and annually.

1 December 2019 | 13 replies
It's imperative that you require access to prior year state and federal year tax records, license documents, insurance cover pages and even check with your Secretary of State, Attorney General, and local health departments from where they are coming from to determine are they legit without infractions.

27 November 2019 | 4 replies
However, this usually leaves you at the same place because you will then need to comply with that states securities laws, which more often than not are modeled on Federal Securities regulations.The most popular type of expert offering is the “private placement”.

30 November 2019 | 7 replies
@Mayer M.It is my understanding that 401k contributions will reduce your state and federal income tax, but not the SE tax.

1 December 2019 | 3 replies
I guess the question I was trying to ask is, are there state-specific laws pertaining to real estate which a CPA needs to be familiar with, or the main RE-related tax nuances all part of federal tax code?

5 April 2021 | 19 replies
It all seems risky when there are Federal and State liens as well as private mortgages with the vacant land as collateral - trying to tread carefully.

2 December 2019 | 15 replies
I am 24 years federal gov't (non military) and about 3 1/2 years from taking a full early retirement as well.

4 December 2019 | 2 replies
@Michael King, Since 1031 is a federal statute it is practiced the same in all states.