My sister's probate has gone over 3 years. The rental house is clearly willed to me. Do the 3-year rental monies come to me, with the house as of the time of her death minus tax and insurance paid out by me as the administrator?

April 26th, 2024

I received a phone call stating I have an appointment today at 10:30 am with a social security representative. I never requested an appointment, and no location was given. I am currently 79 years old, retired, and receiving a pension from the federal government, but I did not have enough credits to get any payments from social security. Is this a scam, and what should I do?

May 29th, 2024

I am the trustee of an Irrevocable Trust and have already completed the 2021 return and issued K1s to all beneficiaries. I have recently sold all assets inside the trust and wish to close the trust out and complete a final return. How do I proceed?

February 27th, 2024

My company merged with a larger company in 2019, and I had stock in my original company. E*Trade's 1099-B indicated a $60,000 gain, which the IRS later reduced to $40,000. I did not sell any stock; it was a simple merger. How can there be a taxable event when I did nothing, and my company was just bought out by a larger company?

August 26th, 2024

If I made over $250k in capital gains from selling my primary residence and plan to purchase a new primary residence, do I still have to pay capital gains tax? Additionally, if I gift $15k to each of my two children for their primary residence, do I have to pay additional tax on that gift?

February 17th, 2024