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Get your taxes done using TurboTax
The only way to limit your tax liability would be to have a very large amount of tax deductions (which isn't very likely). If you want to consult a tax advisor, make sure he is a registered CFP (certified financial planner). Consult your local phone book or do a search on the internet for 'Local CFP'. Also you would need to make estimated tax payments on the six-figure amount unless you can have them withhold a certain percentage for taxes, both federal and state. For information on federal estimated taxes, go here: https://www.irs.gov/site-index-search?search=estimated+taxes&field_pup_historical_1=1&field_pup_hist...
For state information go to your state web-site (xxx.gov) and search for 'estimated taxes'.
‎June 7, 2019
3:18 PM