I have a managed brokerage account with about $20,000 in gains that I need to move to a new wealth manager. Is there a way to move it without triggering capital gains taxes?

March 6th, 2023

What do I need to file if I bought a home this year with a downpayment gift of $300K from the UK from family, and how do I submit the necessary form?

June 2nd, 2023

I never depreciated my investment property, which I rented out for 10 years. The property consists of two residential houses and an antique store. I bought it for $210,000 and have had a mortgage for the full 10 years. Its current value is approximately $400,000. What is the best course of action now?

August 4th, 2023

I filed my taxes with Turbo Tax and was supposed to get a refund, but the IRS says I owe almost $2000. I've tried to contact Turbo Tax but can't get a live person. What should I do?

October 7th, 2024

I received an examination notice from the IRS regarding my car and truck mileage deduction for my 2019 tax return. The vehicle in question is used exclusively for business, with an odometer reading of 160,000 miles on January 1st, 2019, and 177,500 miles on December 31st, 2019. I deducted 17,500 miles for the year, which is what the IRS agent is questioning. What should I do to respond to this notice by tomorrow?

July 1st, 2024