asked
How can I change the name of my business with the IRS, and will this require a new Employer Identification Number (EIN)?
June 27th, 2023
I have permanent residency in North Carolina and plan on selling this residence and moving to a house that I own in Pennsylvania. Can I sell the NC house tax-free? I have lived in NC since 2017 and plan on selling in 2024. For tax purposes, I consider PA as my home even though all my registrations are in NC, including vehicle, voting, and driver's license.
May 24th, 2023
Do I pay Capital Gain on my mother's home sale that had my name on the deed? I am 77 and my wife is 63 -- both retired. The home was acquired in 2001 for $20,000 and sold in Jan. 2021 for $120,000. My daughter is also listed on the deed. Only my mother lived there.
January 31st, 2024
My monthly Social Security benefit was cut due to missing an appointment, and I have been promised by several agencies to correct the error. I am 84 years old and cannot live on $700 with my health issues. What could be causing the reduction in my Social Security benefits and how can I address this?
July 4th, 2024
How should I prepare my tax return when my rent was paid in lieu of salary, and what form should I use to show the total amount paid for the year? The rent payments were made by my sole investor from his personal business account while I was building my first clinical laboratory business, which began in late 2019.
August 27th, 2024
I received a letter back several months ago about my 2020 tax returns. The letter stated that their records showed my wife was deceased, but she was disabled. I sent a statement with her social security number to clarify. The refund was for $429, and I haven't heard anything back since. It's time to file again. How can I proceed with my tax return and track my refund?
December 26th, 2024