Yes, it is a stair step system. However, I am perhaps explaining it poorly. Yes, if he is making $1000 a week he will be taxed as if he makes $52,000 a year. It is how the withholding and tax are...

No, that is not correct. Again, our federal tax system is a stair step system. The first bit of income is not taxed at all (the amount below your standard deduction), the next bit is taxed at 10%,...

Most likely that means that you have some sort of employee benefit that is taxable. You should direct your inquiry towards your HR department as to what that is.

The amount of taxes withheld is based on the amount of income you have in a given paycheck. Our system of federal withholding is a stair step system where higher income has higher withholding. You...

What document is showing that? Is it a W2, a 1099 of some sort or something else? The potential reasons could vary depending on what kind of form you are talking about.

Absolutely. He could also name a successor trustee (in case the named trustee is unable to serve) and leave another set of the original trust documents with the successor trustee as well.

How old is the debt? When is the last time you paid anything towards it?

I agree with this advice. It really is the only viable alternative if you cannot show up in person with the police and an ambulance.

No...you are misunderstanding. You don't convert the total all at once. You convert an amount each year that minimizes the amount of tax you have to pay. Then if you have a year where you need a...

I agree that for high earners a traditional 401K might make more sense than a Roth 401K. One way or another a person will be paying tax on the money. It is a question of predicting whether it is...

It's actually not a tax exemption, its a capital gains exclusion. It doesn't matter how the home was owned, it just matters that its the marital residence.

I personally do not agree that it is a good reason. Again, just get a good general umbrella liability policy if you are that worried about that sort of thing.

On top of this response, you cannot put the home in your living trust and in an LLC. Based on your posting history it seems to be important to you to have all of your assets in your living trust.
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Yeah, I don't know how that happened.

Have you considered moving the snow to the other side of the neighbor's driveway?

Bud, I think that you want to go and re-read his original post. He is complaining about the neighbor dumping the snow from the neighbor's driveway and snow plow wake, onto the OP's property instead...

It might be helpful for you to spell out what SBP stands for.

Again, how much money is involved? I would also have asked them how they know you didn't pay the taxes if they don't have records that far back.

What has likely happened is that your ex applied for Medicaid for the child(ren) and it is the government that is requiring that they be put on your insurance. Once they are on your insurance you...

How much money is involved? How much are they saying that you owe?

People with contracts know that they have a contract and therefore are highly unlikely to come here for advice. People in unions don't come here for advice, they go to their union rep.

Anyone in a union or who has an actual employment contract is different than everybody else. An employee of a mega-corp who doesn't have a contract is no different than anyone else either.


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Here is something to understand...in almost every state in this country, including yours, an employer can fire an employee for any trivial reason they like, as long as it's not one protected under...

If it was not included in your W2 in the year that it was given to you then it gets more complicated. Its even possible that the entire sale could be treated as ordinary income. You need to be...

If that is the case, that they were fully vested when they were given to you, then their value should have been included in your W2 for the year that they were given to you, and you should have been...