Wanted to gut check what I’ve heard, if I get a short term rental that operates at a loss I can offset my W-2 wages / withholding? Looking to investigate this further

What is the best performing NPS available on market. Let's assume that I invest 50k per year for tax saving, what could be my retirement benefits out of this(30 yrs of investing). Please help me with calculation and suggestions.

Fishes,

Please suggest a good credit card for regular air travel , airport lounge access with less/annual charges.

Any review on IDFC first select credit card

Are remittances / gift sent from US to India (from post tax money) considered for any tax breaks or deductibles in the US?

For those of you that currently pay 30% of gross income towards rent, do you still have money to save? I’m moving to NYC and am used to paying only 15%. Pay is now 125k base so I’m looking for apartments around 2800-3k

Did anyone apply for amex card as an employee, recently, after the acquisiions started ?

Anybody here make significant weekly/monthly passive income off Covered Calls and/or selling puts? Looking for success/failure stories for those who have tried this!

Newly minted consultant here looking for financial advice.

So I just moved to consulting after B school, and It's more money than I've made my entire life. After paying for rent and living expenses, I have 6000$ left over every month. My student loan payments are about 1200/month at 7% interest. I still owe another 95K on my loan. I have the option to pay more every month and reduce my overall interest paid.
Currently I put about 3000 towards my loan and 3000 towards my savings. Cont'd...

Let’s share with each other how we are making or planning on making that income .
It is a strange time we live in but it’s time to hustle up .

My father took a home loan, and the same home is kept as mortgage.
I'm paying arround 22k emi for the same but unable to exempt tax as the loan is on my father's name.

I googled a lot how to transfer it but neither gift deed nor sale deed would work as the property is on mortgage that's under bank's ownership (until loan is fulfilled).
Tax is also getting deducted, I'm paying hefty emis.
What can I do?
Please advise 🙂

What is your savings rate for the year?
I am saving 66% of my take home pay and I’m pretty satisfied with it.

My new home construction will be done by March/April 2023. As there is a little dip in mortgage rates now is it better to lock the rates now ? I am in dilemma to lock the rates now or wait for few more months as I have time till March 2023.

About to apply for an apt that’s asking for a $2000 good faith deposit. I’m still a little undecided about the apartment (I have another option in Jersey) Do I wait it out or just go ahead & apply? Honestly don’t know if I’ll feel 100% sure any time soon. First time living in NY & first time renting post college😭😭

How to best calculate the loss of value(diminished value)to my car due an accident? Insurance agency quoted a really lower amount.

If I invest 50k in NPS, I would save 7k this year as per my tax calculation. Is this a good deal? In general, I don't like such long term investment, maybe I'd start that when I'm 35 but not today.

Bittrex or Binance? Or another? Is it possible to convert Litecoin to Alt coins on Binance?

My boyfriend and I make 200K combined and live in NJ. We have $1000 in monthly car payments combined. That’s all we owe. Our credit scores are in the 800s. We have 50K to put down on a home. We have done the math and I know we can afford much more but he doesn’t want to buy more than a 400K home. I’m almost positive we can afford 500K and be more than ok. But then he starts to talk about how much kids cost and how we will be house poor and we won’t be able to afford kids. 🤔 Am I insane??

Hi guys. I have a query with regards to the Income tax proof submission.

So I have claimed exemptions on the following-
1) HRA
2) 5 year term deposit(fixed deposit) under Section 80C
3) Interest on education loan under Section 80E

I have also provided previous employment details.

Guys I didn't know that we have to submit declaration forms as well. Can you please tell me which are the declaration forms that I would need to fill and submit??

Thanks in advance :)

Tempted to buy 1 BTC ..

I am exploring job option at RSM. What are 401K and HSA service providers for RSM?

Landlord is raising my rent from 2,300 for a 1 bed/ 1 bath to 4,200/ a month; this bowl is more for networking, but if any professionals need a roommate February 1st in Brickell or Downtown, please let me know.

Hii all,
I am a fresher currently with these options. Persistent Systems Limited - 4.71 LPA
BNP Paribas - 5.50 LPA
Capgemini - 4.20 LPA
IBM - 4.50 LPA
Wipro - 3.50 LPA
Harman International - 5 LPA(+50k joining bonus)
Can you suggest me which one to choose among these?
Thank You!

Hi folks, need your help. Earning 25 LPA in India at yoe 4 years + MBA. Getting an opportunity in London, how much should I quote/expect? Accenture Deloitte EY Tata Consultancy McKinsey & Company Bain & Company BCG Digital Ventures Google Amazon Microsoft Facebook (Meta) Netflix

Is anyone working from TCS coimbatore location?

I enjoy being asked for samples when I featured my website 3 times through email. In the body, my signature and my resume. I spend 100~/year on it. It has my entire portfolio... 😒😒😒

Does anyone know if McKinsey hires defense specialist in the expert role or is it only the specialist role with potential to promote.

Do we have professionals from Brisbane, or other Australian cities here?

I wanted to know what do you guys think I should ask for expected compensation - my profile is :

3 Years into InfoSec compliance around ISO27001; SSAE-18; CIS

1 Year into Identity and Access Management (PAM focussed)

Holding ISO27001LA, CompTIA Security+, AZ900.

In next 4 months I target to achieve AZ500, and CISSP.

Can someone please evaluate and tell me what can I ask in AUD ? Pre and Post CISSP

Thanks in Advance

Hi, How much time it takes to complete bgc and laptop assigned for associate? Recently joined infy, it's been one week.I

Hi fihes, need some urgent advice. I have an offer letter from IBM but they had given me joining location of Kolkata and DOJ 1st November. I want my location to be changed to Bangalore. Can I ask HR? Do they entertain such requests or will they revoke the offer?

Hi
Can any one refer me for .net developer
having yoe-2yrs

Hi Fishes,

Can someone help me with some information about Deals strategy team at AC Bangalore. How’s the work, environment and pay?

Anything will help. Thanks

When we will receive hike letters for Aug 2022 cycle?

Hi fishes.... Actually I heard that CS doesn't provide laptops for new ENO joinees and tell to join from their personal lappy using CITRIX... Can u s confirm this rumour it's valid or not???

Have a start date coming up and need to give notice ASAP to make my start date. Just got a call from HR saying I passed my background check but nothing officially in writing. Do I wait or can I give notice tomorrow?

Does anyone here have a Tesla? Should I do it???...

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

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

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??

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?

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?

I am on H1-B visa, open to relocate and looking for State & Local Tax (Income/Franchise) Experienced Senior/Manager opportunity. Which companies are currently hiring visa candidates? Appreciate the responses, thank you!

Anyone looking for a senior SALT position , would be in our south florida practice. West Palm Beach, Fort Lauderdale or Miami office

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?

Will states start imposing sales tax on NFTs?

Why did you choose to work in SALT over other areas of tax?

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.

How is leaseholds taxed in Texas for personal property?

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?

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?

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.

If the layoff is not necessarily to go through performance improvement plan, then is there a standard dashboard look to evaluate ourselves about how close we are at?

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?

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.

Hi all! I work for a local CPA firm and have realized that I’m the only one out of 50 people total and one other partner that are interested in SALT. I see myself creating a path for me to become almost invaluable here. I enjoy multi state returns and wanted to see if you’ll had any recommendations on how to increase expertise and become really tax technical with state and local tax issues? Tax senior here.