asked
Can the IRS freeze my bank account again as a non-resident alien who has been trading since leaving the states in 1995? They previously froze my account with a tax levy of 1 million dollars, but removed the levy when transcripts for the years 2007 and 2008 were not available due to being over 10 years old. However, they asked for trading statements for those years, which are also not available. How long will it take before they decide to freeze my account again?
February 23rd, 2023
Can you claim elderly parents in your taxes if they don’t live with you but you support them financially?
March 13th, 2024
I need help obtaining my tax transcripts and the form 4506-T from the IRS. I am located in Brooklyn, New York, 28 years old, and have one dependent. I don't file taxes, and I need a copy of my 4506 transcript for 2019. How can I get this form filled out and processed by the IRS?
July 17th, 2024
I am going to be a surrogate for my friend and they are planning to pay me through an escrow account. I wanted to know if that money will be both reportable and taxable. Additionally, I am concerned about how this might affect my government assistance and if I can report medical expenses related to the pregnancy for tax deductions.
December 18th, 2024
Can I get a lump-sum payout from SERS before applying for SSA benefits to circumvent the Windfall reduction process, given that I am 8.286 service-credit hours from the 10-year mark?
May 22nd, 2023
Can you convert a traditional IRA into a Roth IRA, and what are the tax consequences?
November 12th, 2023