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?

Can I buy 2 houses , one in a district with school ratings 4/10 and another house with school district 9/10? And then send kid to school which is 9/10 .

Currently don’t have kids. But would have them soon enough to send them to school after 5 years.

Is it legally allowed to have two residences in same area but different zip codes and choose better school for the kid ?

Hi folks,

I am already covering 80c 1.5l limit by elss and pf.

Can i invest 50k only in nps and avail tax benefit under 80ccd 1b.

Tia.

Can we combine our Corporate Amex points with Amex Everyday MR points?

New to investing and have 60k I want to buy index funds/ETFs with, should I invest like 5-10k a month or all at once? For context, I have emergency fund already established and contributed to Roth IRA

How long do you guys think it will take for rental prices to rebound?

Looking for a new apt, and noticed 24 month leases cost more net effective (obviously because prices should increase next year).

Getting about $2200 back from Federal and $1300 back from NY State. Claimed 2 for both last year and having 2nd kid this year. Should I bump to 3 or keep as is?

Fishes honest opinion needed. Me and My so presently live in Arkansas, living in our first home with a child 4 year, both of us recently changed our jobs and have HHI ~ 420K, current mortgage 1600/month. We are looking to move to Dallas and thinking of buying a house ~996K with a 15% down. Questions -
1. Should we go for house of that budget? We can afford, but asking based on market.
2. Should we down 15% or just 5% ? Or go for 20% ?
*Getting a rate lock 4.25% 🤞🏼

Hi all - I'm on a £100-110k base + bonus at a tier 2 firm. This is in the region where personal allowance for tax starts eroding away..
Wondering what options I have to make this as tax efficient as possible (legally), considering a salary sacrifice pension and student loan.
Also what are you investment recommendations? Stocks and Share ISA? What are the good alternatives?

How is the AMEX account in IBM?

$530k HHI, $250k cash on hand, $1.2M investments/retirement. Plan to buy $800-900k house as our first home, but thinking of the best approach given rates today. My thinking is that we (i) put $200k+ down and get a 5/1 ARM. (ii) put everything we save moving forward toward paying down the principal (after maximizing retirement accounts). Should be able to do $100k per year. (iii) If rates go down below 4.5ish % for 15 year fixed, refinance and stop aggressive payment. Thoughts on this approach?

Anyone else experiencing a long delay getting their DC tax refund deposited?

Has anyone gone to an estate sale in the city?

Are we on recession? My portfolio is super down - low cost ETF investor here

How common are credit checks for roles in accounting or finance positions? Will high utilization on credit card balances and low credit score be a deal breaker? I’ve been irresponsible and made mistakes, but wondering if I can switch jobs now or if I’m best off waiting 1-2 years and cleaning up my credit first.

What expenses/deductions/credits can I get away with lying about on my tax return (eg, charity) and where should I not? And what threshold should I not exceed...

Happy Independence Day🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬

Thoughts on the VC Royal Eagle? Seems crazy undervalued, you can get it for less than a DateJust! What am I missing here?

Is there a reason to get the luxury SPG amex if I got the new Chase Marriott card like a month ago?

I’ve been married in a Catholic Church before and now divorced but my now boyfriend says he wants to marry me in a Catholic Church someday. How do I even start a petition for that? Also is that possible to re-marry in a Catholic Church?

Is it a viable option to make a move from big4 audit to big4 corporate finance division?

Ex healthcare workers in Tech/Sales Engineering/ Healthcare consulting;
I have my masters in nursing/FNP (1 yr) making <K70 (Indiana) due to low patient census in my role. No desire for a different FNP job nor to return to bedside nursing (RN 5 yrs). I have heard of some individuals with remote positions making >K100 with little to no experience in tech or consulting after doing a boot camp or cert?
If you pivoted; What’s your current role/ Income & what did you do to complete the transition?

Any accountant recommendations in NYC? Looking for someone who understands the travel situation of consultants, etc. TIA!

$530k HHI, $250k cash on hand, $1.2M investments/retirement. Plan to buy $800-900k house as our first home, but thinking of the best approach given rates today. My thinking is that we (i) put $200k+ down and get a 5/1 ARM. (ii) put everything we save moving forward toward paying down the principal (after maximizing retirement accounts). Should be able to do $100k per year. (iii) If rates go down below 4.5ish % for 15 year fixed, refinance and stop aggressive payment. Thoughts on this approach?

The unending cycle is for real. Reached my LeanFIRE number 2 months ago, yet I don’t feel satisfied. Still reaching for the stars… when will this human desire end?

Dubai 🐠 what are your favourite things to do in the region?

I got offer from Wipro is it good company for experience people as I have 8 year of experience

For the 🐠 that have traveled to Egypt, can I get some recommendations on tour companies? I’m traveling with my partner (two females) and would like to have something arrange. 🙏

If you’re a GSAPper who has left already for an externship, how do you get notified about your comp? An email?

Just got offered to join potential project that would relocate me to LA for 3-4 months for onsite work. Their office is downtown, I’m single, 29 have the flexibility in lifestyle for this kind of move. Is it worth coming to LA rn? There are obvious Covid risks, but anything else I should consider when looking at this move? Thank you

How is a Partner’s sales bonus at your firm calculated? Also, what if multiple Partners have connections at the same client when a sale is made? How is the bonus fairly distributed?

Finally had a breakdown over infertility this AM and trying to pull myself together for Zoom. My tests are fine, but husband can’t deliver during my fertile window. I feel so hopeless with every month that goes by, and he doesn’t have any sense of urgency when HE is the one who wants kids more than I do. Just needed to vent.

Bain 🐠, have experienced hire interview coming up with view of coming into PE group. What types of cases should I concentrate on? Valuation? Profitability? Market sizing? Coming in as 2nd year Consultant

Thoughts on Daiichi-Sankyo? Anyone familiar? Role would be US based.

New to insurance, please can someone explain what "capacity" means in the context of a managing general agent or coverholder in the insurance world? E.g. "An MGA securing more capacity to write D&O lines"

Best place to score moving boxes?

After a few years in ops consulting I think I’ve realised I want to try my hand at being a dev or working in software delivery. Any way I can swing this staying with Deloitte or will I need to fork out for a boot camp and start from the bottom? Any helpers appreciated!

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?

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

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.

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

Anyone works at KPMG MN office in the SALT practice and can let me know how it is?

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??

Hi All, how much should I expect to pay for someone to do my taxes for me? (Ball park)
- fbar
- state
- Federal

Also I moved out from MA in February so not sure if I'd also still need to file in MA?

My 2022 w-2 has states tax paid in California. But I was living in Illinois. I have paid more taxes per my w2. Do I need to file state tax for both IL and CA?

Anyone making career moves out of SALT? Curious to hear where people are going and what career paths people are looking into.

How is leaseholds taxed in Texas for personal property?

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?

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?

Hey Team

I'm on a H1B so I am supposed to pay Medicare and SS taxes, but my employer has not withheld anything- my hnr block advisor caught that but she just completed my returns assuming I don't have to pay those taxes

What is the right protocol in this case? Do I owe SS and fica taxes?

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?

How does NY (or any other states that tax income) enforce taxes on nonresidents? Assume the taxpayer does not file state return with NY and does not have NY on W2.

Seems NY would have no way of targeting said taxpayer for audit. Thoughts?

Anyone have recommendations for sales tax CPE > 7 hours?

Crowe is looking for SALT professionals at all levels. If you are looking to make a move in your career, feel free to send me a DM and we can discuss details.

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.