First things first: you need to make sure that your daughter is in good stead with the IRS. Obtain a tax return and account transcript from the...

You should definitely respond to the IRS inquiry. And it sounds as though you should also be working with a CPA so that these kinds of mistakes...

It sounds as though you are doing some kind of DIY Medicaid planning. Don't. This is a very complex area of the law with many pitfalls for the...

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IRS can and will levy bank accounts and other assets if you owe back taxes and are not taking steps to address this issue. You should consult a...

Agree w/ Ms. Abdo-Gomez. If your Ex is agreeable & cooperative, you might save $$$ on your overall tax bill by filing jointly for 2023 ---...

Sounds like you need to find another payroll service provider. Year-end is a good time to switch. You might have a right of action for breach of...

If you are under 59 1/2, there will be a 10% surtax (penalty) in addition to the regular tax on the withdrawal. That's a bite. If you qualify...

You definitely need to consult an expert probate law attorney in the state where the decedent was living when he/she died. Expect to pay for the...

First of all, be careful about taking money out of your 401k as this will be reported to IRS as ordinary income and you will incur taxes and...