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Hello. I live in Lima, Peru right now. I have my primary residence in Montana, but we are planning on moving back to California as of this coming christmas. I am about to make a commission for selling a company of close to $1,700,000 (this is the commission being paid to me). I am paying almost 30% income tax here in Peru because I am a Peruvian Citizen and also...
Submitted Aug 13, 2012
my son is 18 mths old....my fiance (his Father) passed away recently....what do I do?
Submitted Aug 13, 2012
My daughter lives in Oregon. She has been attending online classes with University of Phoenix for four years and is months away from getting her degree. During these four years, her salary has been increasing dramatically. She now makes $72,000 and in the bottom of a brutal tax bracket. She brings home just a little more than I was bringing home making under...
Submitted Aug 11, 2012
I have a client that has paid for their child''s college expenses from 2007-2010, indicated by each of the 1098T. She took the distribution for these past expenses in 2010, which shows up on the 1099-Q 2010. Is she subject to taxes on the earnings? Does the distributions taken from the 529 have to match the year of expenses or can they be applied towards prior years?
Submitted Aug 11, 2012
At what point would you consider home improvements to be an ''over-improvement''? Dollars and cents wise. Is there a rule of thumb to go by?
Submitted Aug 9, 2012
Can you convert or roll over a traditional IRA into a 401K? I know you can roll it over into a Roth but the taxes are going to be too much.
Submitted Aug 8, 2012
I am trying to help a dentist get a loan. this dentist is an american citizen who owns a small property in Egypt that he earns less than 10,000 a year in rental. He keeps that money in a bank in Egypt and does not draw from it. The bank that he applied with said that he has to pay income taxes in the US on that money and wants his accountant to amend his tax return...
Submitted Aug 7, 2012
I was offered a job in Alice Springs Australia for 130,000 a year. Could you tell me roughly what my Australia income taxes and my US income Taxes would be? I am trying to figure out if it is worth giving up a government job in the US to work and live in Australia for at least 4 years in order to save enough money for a down payment for a house in the US. Thank...
Submitted Aug 1, 2012
I work overseas as a contractor. I am eligible for a tax exclusion. My question is: Why do contractors working overseas have this benefit? What is the reasoning behind it? Thank you for your help
Submitted Aug 1, 2012
Me and my husband have been married for 29 years and in those years we have always struggled with our finances. We would like to build up our credit rating and pay our bills on time. We are behind on all bills. At this time all the bills want their past due amount paid and his student loan is fixing to go into default could you please help us.
Submitted Jul 29, 2012

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