Is my social security application being processed? I received a letter from SSA saying they recognized the right to log on to the "My Account" location on the Social Security application. But I have received no confirmation that I am being processed to start collecting social benefits.

August 20th, 2024

I am beginning a new LLC partnership in San Diego, California, and one of the partners has a personal tax situation. What are the potential negative consequences for both partners if the IRS decides to seek retribution through the LLC for the partner with the tax issue? Additionally, what precautions should be taken, and is there a significant risk factor for one partner over the other when executing the LLC papers?

June 1st, 2024

I have a retirement savings account at a German Bank with a 25-year contract, contributing 150 Euros monthly. The account offers increasing annual premiums and an interest rate of about 1%. I am currently in year 6. Should I pay tax annually on the gains or can I let the account grow tax-deferred until year 25?

January 19th, 2024

What is the tax on inherited land?

September 26th, 2023

Can I claim bonus depreciation or ITC expense on an RV used strictly for business purposes? I am located in North Carolina and purchased the RV on August 10, 2017.

May 28th, 2024