401k early withdraw

The code allows you to take up to $10,000 from your IRA for a first time home purchase before you are age 59 1/2. However, this does not extend to...

A single member LLC would not be required to prepare a tax return since it is a disregarded entity for tax purposes. He may have put you in as a...

Late W2 from SC gov.

You will be required to report the income whether you receive the W-2 or not. If you are going to receive it soon everything should be ok. ...

I will receive a 1099 c this year. Our home is under contract and should close by March 1st. I have a chance this year to pay

The Mortgage Forgiveness Debt Relief Act will allow you to have cancellation of debt on your personal residence of up to $2 Million without being...

I will receive a 1099 c this year. Our home is under contract and should close by March 1st. I have a chance this year to pay

The Mortgage Forgiveness Debt Relief Act will allow you to have cancellation of debt on your personal residence of up to $2 Million without being...

You are the custodial parent and entitled to the deduction unless you provided your husband with a signed form 8332 releasing the deduction to the...

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Owe more than 30,000 in back federal back taxes from 1999-2008? Best plan to solve this?

As you are probably aware, while you are on uncollectible status you continue to accrue interest and penalties and the lien remains on your credit...

My ex and I split in 2007 and I filed divorce Jan 2008. I did not work and he filed his taxes in 08 as a joint return.

This situation has gotten messy and you may want to hire a local tax professional to help you. You will need to file an innocent spouse claim to...

How to handle the sale of real estate with limited authority in California?

Absolutely, you should have an attorney to guide you through this process. Since you have limited authority a process must be followed to obtain...

My mother past away a year ago. She had a living trust and named my brother as trustee with both of us beneficiaries.

Yes, they should be paying rent and they should be administering the trust and distributing the assets. Self dealing is not allowed. They have a...

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