Any cpas on here? I am doing my taxes and took out 401k distributions last year and it’s saying 25% penalty? I thought only 10%.. what is the deal?

Been lurking on this group for a while. I’ve only traded stocks ever. What’s the best way to start with options? Any great video tutorials or websites that can help me understand the basics. I only have theoretical knowledge of options thanks to a derivatives class I did at college.

Recently received notice from landlord rent is going up ~20%. For reference, it is privately owned condo and did not sign at a COVID discounted rate. Super frustrated. What are others seeing for rent increases?

Finished Rich Dad Poor Dad and appreciate the emphasis on creating alternative cash flows (vs. just income). Does anyone have book recommendations on creating wealth? I've focused heavily on income + 'safe' investing, but intrigued to learn more.

What's the quickest way to market a property for rent other than listing it on MLS and all the websites? Should I list on Craigslist and marketplace too? Anything else I can do?

How much will someone get from a $5,000 referral bonus after taxes? Is there any way to minimize the amount it’s taxed? Work in VA and live in DC.

Hi Fishes,
Need suggestions on corporate NPS? Considering employer contribution is fully exempted and individual contribution is exempted upto 50k.

Please let me know genuine suggestion
Thanks

I am curious how Onesource Income tax stacks up against it's competition.

Anyone here have any information on where to invest your money apart from the firm's 401k match? New to investing and wanted to know where do other people invest since most of them wouldn't be investing in stocks directly.

This is a post to reach out to Indian professionals working in US. How do you feel about investments in India vs Investments in the United States, all inclusive - real estates and stocks ETFs
TIA

Do we have option to include stock in salary structure in FIS to save income tax?

PSA - if you use bonus funds to place a bet with the Fan Duel Sportsbook parlay insurance the bet is ineligible for refund. For example - the 2/3 leg Euro parlay insurance.

Hi ,
I have got sodexo card activated today. I found there is Meal Pass card, Meal benefit pass card and Cafeteria card

Which one we get money loaded ? Will that only usable in Bofa cafeteria!

Need help looking for a 1 bd, I’ve tried domu/Zillow but none of the options are appealing. Should I be using a realtor?

Budget: $1,200
Areas of interest: LP, Lakeview, Wicker Park, Old Town, Streeterville, West Loop, River North

Pre-tax 401(k) or after-tax...thoughts?

Best long term investment strategy against inflation to get to a large nest in for retirement?

Any story to share if you are caught knowingly or unknowingly trading on a non approved broker platform for stocks

Cash out speculative stock portfolio (tech and fin holdings) and buy more cryto?

Trading Event Sponsorship for Party Rentals! Hey everyone - as a nonprofit we are having an upcoming event and having sponsors for it. We don’t have a huge budget so we are looking to ‘trade’ these sponsorships for table/chair rentals. Since we are a nonprofit are we able to give them the deduction value to claim on their taxes?

For EESP - which is better share withholding or payroll withholding? Thoughts?

Working for a senior who is beyond horrible. She talks to you like you’re stupid and makes it sound like you’re absolutely terrible at what you’re doing. She’s made 5 other associates cry during her 5 year career. Got someone fired and made another person quit. It’s known around the office that she can no longer have a female associate, because she talks down to females more than she does males. I came along and thought I could deal with it but she literally makes me want to not log on tomorrow.

This is a post to reach out to Indian professionals working in US. How do you feel about investments in India vs Investments in the United States, all inclusive - real estates and stocks ETFs
TIA

Do we have option to include stock in salary structure in FIS to save income tax?

Anyone here with experience as a Product Manager? I’ve close to decade of consumer lending experience including Sales/Advisory, Supervisor and Underwriting. I have have been looking to pivot into a more impactful role this year. I am due for an interview for a Product Manager next week. The company ticks all my boxes but the job description a bit vague. I will be grateful if anybody willing to share what the day role looks like and what I need to look out for in an interview. Thanks. Cheers.

Today is joining day. Nothing happened. Onboarding is said to be virtual but no link was received. Any one else having different experience?

Do you drink or do anything wild at company holiday parties or events? I feel like as one of the only minority associates I have to be extra careful to stay professional. All my white coworkers can talk about is the open bar and how crazy everyone gets...true or false for your company?

Favorite TED talks? Medical or otherwise

Trying to laterally move to another in house position. At my current company, Counsel is a Manager level position while Senior Counsel is a Director level and General Counsel is Senior Director. Would like to find if Counsel is a Director role at other companies.

Thoughts on Residuals clauses in NDAs? (Ex.: X will be free to use and disclose for any purpose the residuals resulting from access to or work with Company’s Confidentjal Info.” Refers to ideas, concepts, techniques retained in the memory of people unaided by CI. Do you strike?

What kind of resources are useful to prepare for Alixpartners online assessment? Any insights are appreciated. Thanks

Is it safe to join CISCO? I have heard the layoffs happens there yearly.

Where is the KPMG (KGS) office location in Pune?

PSA - if you use bonus funds to place a bet with the Fan Duel Sportsbook parlay insurance the bet is ineligible for refund. For example - the 2/3 leg Euro parlay insurance.

I applied for a job within my unit that I do not qualify for. Now, I have an interview for this job. Me knowing I do not meet most of the qualifications for this position has my imposter syndrome thinking I shouldn’t even do this interview because it would be a waste of time. Has anyone felt this way?

Anyone have recommendations for sales tax CPE > 7 hours?

Hey - Might be moving from Florida to Illinois. Is there any way I can avoid changing residency and IL income tax? Realistically, will I be audited?

Any big four hiring for indirect tax ?

New Jersey partnership question.

Partnerships need to use market sourcing for purposes of calculating NR withholding tax (though NJ doesn't even call this withholding anymore).

However, for purposes of calculating the NJ distributive share of income, you apply Gross Income Tax (personal income tax) rules, which is 3 factor and includes COP.

If I end up with 0% apportionment under GIT and 10% apportionment under CBT (withholding tax), the partnership pays tax upfront but NRs get 100% refund?

I got married in 2021. Before my wedding I lived in State#1 and after the wedding I moved to State#2. My spouse lived in State#2 the entire year.
Can I file as Married Jointly in such a way that State#1 only calculates my income for the portion of the year I lived there?
Or do I need to file Married Seperately?

Looking for a referral to SALT opening with public accounting firms. Please let me know the organization you can help with. Thank you!

Will states start imposing sales tax on NFTs?

Los Angeles Area comp for 2nd year asset management?

Currently making $85k with a 7.5k signing bonus. Wondering if I’m being underpaid in my role. Ive tried probing my colleagues but no dice.

Need some help! Currently live in TX but work as an independent contractor (remote) for a NYC based company - do I still need to pay NY state convenience tax on income or would this only apply as a full-time employee?

Anyone who recently started what is starting salary for a new associate in SALT? How does it compare to other lines of services?

My work office is in philly but i wfh in delaware. Why im i paying for both state taxes as well as philly tax. Is that right or do i need to make some adjustments. Im at PwC currently.

I was paid a retention bonus last year which I have to return - couple of questions: Will I get a corrected W2 ? If yes, how much time does it generally to generate a corrected W2? Should I wait for corrected W2 to file the return ? (with the current comp - I owe taxes however with the W2C - I will probably not..) thoughts??

I want to leave tax. But as a salt manager what jobs would I even be qualified for?

When a consolidated unitary group acquires a TX Corp, does TX follow Sec. 382 and Sec. 383 and apply a limitation on the utilization of the acquired entity's TX R&D credits following the acquisition?

Oct. 15th is almost here. Hang in there!

Looking to save on all taxes as my remote career grows. Any recommendations or where to move / establishment residency? I don't see the advantages of being in California.

Why is it when I owe money to a state from my annual tax filings, if I don’t pay the full amount I get charged interest. But when they owe me, they ask for additional documentation and won’t pay me interest for them stonewalling me. Not much volatility y/y in earnings.

MTC Proposes Removing Online Sales solicitation from 86-272 protection. Thoughts?

Hey Salt peeps. I’m curious what kinds of practices you specialize in and how long you’ve been doing it? Would you specialize in something different in tax if you could turn back the clock?

Maxed out Roth IRA contributions when I wasn't eligible for 2021 (got a salary bump mid year). Do I need to recharacterize? It's a very small account that's been open for only two years. That's the only IRA account I own. Do I need to open a traditional IRA and roll over 6k + realized gains into that account and keep the Roth IRA. So confused how this works and got conflicting information from Merrill.