I received a letter from the IRS stating that I don't qualify to file exempt and have instructed my employer to not accept my current W-4 or a new one that would allow them to take more money than the current status. They have my marital status as 'single' but I am married. How can I correct this and ensure my employer withholds the correct amount based on my actual marital status?

May 16th, 2024

My wife and I bought an undivided 1/8 share in a vacation/rental condo on April 1, 2011, allowing six weeks per year use or rental. We designated two weeks for the rental pool in 2011 but they were not rented. Neither of us are in the real estate business. What is deductible for our purchase costs and HOA payments in 2011?

January 7th, 2023

What is the amount of Federal income taxes paid in the year 2010 that is being carried forward to my current return for 2011?

November 24th, 2023

Under strict doctor's orders, I've joined a gym to improve my health. The success of my business, which is an S-corporation, depends on my being healthy. Are there any circumstances in which I can deduct these membership dues?

January 31st, 2023

As a full-time employee, I was able to pay for medical insurance premiums with pre-tax dollars. Now that I am retiring and receiving a pension, I am able to continue my medical coverage but at a higher premium. I am told that I cannot pay with pre-tax dollars due to section 402a. Is it correct that I lose this benefit?

August 10th, 2024