Jason K. asked
I need someone to review a purchase contract for my mother's house in California. Additionally, I want to know how to utilize the proceeds from the sale to buy another property without paying capital gains tax.
September 4th, 2024
Willie W. answered
To avoid paying capital gains tax on the sale of your mother's house, you can utilize the Internal R...
September 4th, 2024
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We have not received our 2020 Federal Income Tax Return for $13,000. We have resubmitted our tax forms and sent the 3911 forms twice, and my wife spoke with an agent at the Philadelphia Financial Center who confirmed the check was cashed but we have yet to receive it. We are frustrated and need help to get our money.
October 27th, 2023
I have a new company and have received an EIN. I am an immigrant without an SSN and need to obtain an ITIN. What steps should I take to get an ITIN?
July 14th, 2024
I have a revocable trust set up for my minor child. The trust was set up to hold the beneficiary proceeds from the sale of my aunt's home. The estate CPA sent the trust a North Carolina K-1 for $5570, which represents the portion of the capital gains from the difference in value of the home when my aunt died and when it was sold 6 months later. The K-1 has the TIN of the trust. Do I need to file a return for the trust, a return for my minor child, or include it in my income?
February 4th, 2023
I am the City Clerk/Treasurer for the City of Belview, MN, and I am trying to renew our SAM account. The entity validation process this year requires an IRS letter assigning our EIN, which I have been unable to locate. We were incorporated in 1887, and I have been in this position for 31 years without seeing this document. How can I obtain a copy of the IRS letter assigning our EIN, and what are my options if I cannot find it?
February 13th, 2023
How can I get a verification of non-filing letter for my mother-in-law who lives with me but has no income?
April 5th, 2023