I invested in a startup company in my name and split the investment with a friend. The company has now exited with a distribution. How do I handle taxes and distributions to my friend, considering we live in separate states?

October 5th, 2024

I received a notice (CP21B) stating that I would receive a refund due to changes in tax laws related to my 2020 Form 1040. The notice was received on 06/14/21, and it stated that I would receive a check within 2-3 weeks, but I still haven't received it. What should I do?

August 12th, 2024

I have a 457 Deferred Comp account with a NYC local government agency. It has a maximum contribution limit of $19,500 per year. Once I hit that limit, will it automatically stop deducting contributions, or do I need to inform them to stop? If I accidentally go over the limit, what are the tax implications and how will I be notified?

October 24th, 2024

I have not received any stimulus checks and need help to get any stimulus funds for which I am qualified. I filed my 2020 income tax statement on February 223, 2021 in Sarasota, FL with Terry Merlen. My life partner, who filed with the same consultant, received his stimulus funds some time ago. How can I claim my missing stimulus payments?

September 18th, 2024

What state in the USA gives the most bang for one's Social Security buck for a widowed 64-year-old?

March 30th, 2023