I have not received my federal tax refund. Can you tell me when I can expect it? I am 65 years old, single, and made $31,000 this year. I filed my taxes in March, but the IRS is severely backed up. Why can't I get my refund promptly, especially when the IRS can send funds for child support?

July 7th, 2024

Can someone be on social security disability and still apply for SNAP (food stamps/assistance), and would they also be eligible for Medicaid and other cash assistance if they have Medicare?

October 17th, 2024

I invested in a startup company in my name and split the investment with a friend. The company has now exited with a distribution. How do I handle taxes and distributions to my friend, considering we live in separate states?

October 5th, 2024

I received a notice (CP21B) stating that I would receive a refund due to changes in tax laws related to my 2020 Form 1040. The notice was received on 06/14/21, and it stated that I would receive a check within 2-3 weeks, but I still haven't received it. What should I do?

August 12th, 2024

I have a 457 Deferred Comp account with a NYC local government agency. It has a maximum contribution limit of $19,500 per year. Once I hit that limit, will it automatically stop deducting contributions, or do I need to inform them to stop? If I accidentally go over the limit, what are the tax implications and how will I be notified?

October 24th, 2024