I received a letter needing my verification about a tax refund in my name for 2020. I am on disability and have not filed since 2013 for the year 2012. I am married and 61 years old. The letter was asking if it was me filing, but it was not me. What should I do to verify my identity and address this issue with the IRS?

January 28th, 2024

I filed an extension on my 2019 tax return and had marketplace insurance for the first time. I did not receive a 1095a for the year and failed to file 8962. The IRS requested a copy of 1095a and 8962. My 20-year-old daughter, who was a full-time student and our dependent, finished college and got a job during the year. She filed her own tax return in 2019 but is listed on the 1095a for the whole year. How should we handle this situation, and what steps should we take to resolve it?

June 1st, 2023

Will my investors need to pay taxes on the funds they're contributing to the investment club, and can they write off their investment from their personal income tax?

May 5th, 2024

I have always filed my tax returns using TurboTax. However, starting around 2018, I failed to file my tax returns and want to correct this. How can I file these late returns using TurboTax?

September 8th, 2023

Should I pay myself a salary in the first year of my S corporation even though the business will not have an income? Also, are my startup costs and equipment purchases capitalized or deducted, and how do I find more information on this?

June 2nd, 2023