My mother passed away last year, and per her will, I distributed her checking account funds of $145,000 to my siblings. I was also on the checking account as an executor and power of attorney. Am I in jeopardy of tax problems for these distributions, especially since I live in Illinois and each distribution was $15,000?

March 20th, 2024

If I buy a property now, do I need to fill out the W-4 form again at work, and what happens if there is no federal tax deduction on my W-2 even though I filled out the W-4?

January 29th, 2024

My single-member LLC registered in Arizona paid a Canadian company over $85,000 in 2022 for certification services for US companies. How do I claim these payments on my taxes, and do I need to send anything similar to a 1099-MISC to the Canadian company?

May 28th, 2023

I never received my 2020 stimulus money, and it was given to the wrong person by the IRS. I have no clue who got my money illegally. What should I do?

October 2nd, 2024

Need help with tax-related questions. Where are you currently located? How old are you? Do you have any dependents? What is your typical filing status? Do you know roughly what you made this year?

June 24th, 2024