2 ms·
Suppose your assets lost 70 percent of their value soon after the tax year ended. Now your net worth is 300k while your tax bill is 400k, and you can only slowl
by unishark 5y ago
Suppose your assets lost 70 percent of their value soon after the tax year ended. Now your net worth is 300k while your tax bill is 400k, and you can only slowly get the over-payment back by deducting it against your current taxes.
We are assuming McAfee is just not paying taxes because craziness, but when you have volatile situation you can get burned by the rules pretty badly.