Can a person on disability withdraw their retirement money early ,no tax penalty?

You may qualify to withdrawal for “medical expenses”. Consult the plan administrator as suggested by my colleague. The information presented herein...

Can my boyfriend claim my son as his dependent on his taxes and not his biological father?

If a child lived with your boyfriend, had less than $4000 income during 2015, and your boyfriend paid more than 50% of his living expense, your...

Filing my tax returns late

Hire someone here to take care of your tax needs. Make sure your FBAR form is received at FinCEN by no later than June 30, 2016....

What can I do about my delinquency notice for my tax when I spoke to my mortgage company sent payment?

Take charge of your property. Deliver a check to the tax collector’s office in person. Do not waste any time and do not wait for a miracle to...

Your basis would be the Fair Market Value at the time of decedent’s death, plus any improvements, minus the depreciation taken during the rental...

This there something I can do about this? Do I have a case?

Sorry about the trouble you have been through. Retain a lawyer. If you cannot afford one, call the LA County Bar Association for a pro bono lawyer....

Can we take the 121 tax exclusion on the sale of our house?

It seems like you cannot prove that you lived in the house 24 out of the last 60 months before the sale, which the section 121 requires. The...

Property Taxes

Sorry about the hard times. In addition to what the other colleagues stated, try to negotiate a payment plan or secure a loan to avoid all that...

How can i get the money that i have earned by selling textbooks in half.com since they are not willing to release the funds?

The terms of your agreement with them should be the basis for getting your money. Write them a demand letter referring to the contract to get your...

Can I be taxed on proceeds from a life insurance policy?

One situation a recipient may be taxed on the proceeds would be when a policy is canceled and the amount in excess of the premiums and certain...