I run multiple small businesses from home and have a question regarding home office deductions. Does that mean each of them and their expenses are tax deductible separately? Also, if I have a room dedicated to the businesses, how does that affect my mortgage, and can I set up another room for a different small business for tax purposes?

September 21st, 2023

I am disabled and receive Social Security disability. My wife is also disabled and receives Social Security disability. I am 58 years old and my wife is 53. I want to access my IRA but I don't want to pay the penalty for early distribution. I was told that being disabled allows me to access it without penalty. Is this true?

April 22nd, 2024

How can I verify my identity with the IRS after receiving a letter for identity verification?

October 2nd, 2023

I'm trying to get a required tax exemption form for my primary residence. We have sold three of our rentals, but one on Kittison Dr. in Winchester, KY, is not listed. Which form do I need to retrieve?

July 18th, 2024

Where's my stimulus check? I'm 71 years old, single, and haven't worked this year. What should I do to get my stimulus payment?

November 22nd, 2023