My mother is deceased and my father is institutionalized with Alzheimer's. My parents had their home in a revocable trust, and my sister and I are successors in the trust. We would like to know our tax obligation on the sale of their home either before or after my father dies.

November 5th, 2024

How much Texas sales tax am I able to deduct on my itemized deductions for my IRS return?

December 30th, 2023

If my parents send me money for more than $11,000, do I have to pay tax on this as a taxable income besides interest income?

May 4th, 2023

The fees to manage my IRA (by Smith Barney) were $20,000 in 2004. Can I deduct this?

February 2nd, 2023

Our IRA withdrawal for 2004 was delayed due to personal circumstances and incorrect form usage. Should we report it this year or report nothing this year and use that withdrawal for next year?

October 23rd, 2024