I need to overnight documents to the IRS in Memphis, TN, but the address I have does not include a P.O. Box. The post office says they cannot overnight to an address without a P.O. Box. Do you know an alternative address or P.O. Box I can use for this purpose?

November 8th, 2023

I am about to purchase foreign currency, the Iraqi dinar, as an investment for a future revaluation. I plan to set up a trust or IRA-type account to hold it in. My question is whether the dinar needs to be purchased by/within the trust or account to minimize gains taxes when the currency revalues. Additionally, I am interested in the best way to minimize taxes over a period of time and the appropriate structure for managing and investing the proceeds from the dinar.

December 7th, 2023

How do you claim taking money from the principal of a trust account? Is it considered income, and how much in taxes would I have to pay for the 2019 tax year?

February 20th, 2024

My 15-year-old daughter collects recyclable bottles and uses the money earned to help poor children in the Philippines. Does she need to pay taxes on the money she earns from collecting plastic bottles, and if so, how is it calculated?

September 15th, 2023

Do I have to purchase or lease a hybrid plug-in vehicle to qualify for the qualified plug-in electric drive vehicle credit? I am looking at the BMW 530e hybrid for the 2019 tax year.

August 9th, 2023