What is the highest tax rate for a single taxpayer?

March 11th, 2024

My husband and I are considering withdrawing from his IRA to fund a down payment for a less costly home. We want to consult a neutral party to review our income, goals, and advise on how much to withdraw. How can we find a neutral party and what is their job title?

February 21st, 2023

I have not filed taxes in years. I have income from a joint partnership but my income is below $5,100.00 in 2018 with no other income or wages. Do I still have to file taxes for the year 2018? I am 59 years old, have a 14-year-old daughter, and cared for my two grandchildren 100% for the entire year, but their mother claimed them on her taxes without my consent.

October 20th, 2023

A company is acquiring another company (with NOL) as of December 25th, 2019. Can the acquirer use the NOL from the acquired company for the 2019 tax return, and what is your advice on how to use up all NOL of the acquired company?

November 28th, 2023

I own an S-corp service business and want to learn more about ways to save in taxes. I receive a single 1099 for the services I provide, and my primary expense is wages. Additionally, I am developing a new business and want to know the best structure. I also have questions about retirement plans, reasonable compensation, liability protection, business vehicles, borrowing from the corporation, QBI eligibility, home office deductions, and setting up a family management to pay my kids.

May 20th, 2023