Unfortunately, the answer to that question is YES. If you can afford to pay the $400, I suggest you do that, or else hire a CPA to represent you.

You can only use wage income (or income from self-employment) to fund an IRA. You cannot use Social Security benefits for this.

When sending time-sensitive documents to IRS, ALWAYS use U.S. certified mail, return receipt requested. That way, you have proof of when your...

You would be very wise to hire a tax attorney or CPA to help you with this. After IRS hits you with a huge assessment, there is very little you...

An expert probate attorney can help you navigate the probate process and complete all of the necessary paperwork for you. Use the "Find a Lawyer"...

You need to schedule an appointment with an expert probate attorney.

You should consult an expert tax attorney or CPA. Real estate prices have sky-rocketed (at least in our area) in the past 5 years, so you will...

Suggest you talk to an expert tax attorney to try to sort this out. They can get information from IRS and determine the amounts owed and for what...

Moneys from qualified retirement plans are taxable income because they were not taxed before when the plan owner was working. Suggest you contact...

You need to sit down with a CPA to discuss this. Rather than attempting to deal with Social Security --- which is extremely difficult --- better...