When I retired 4 years ago, I purchased gold and silver coins and rolled them into an IRA. Since the value has reduced dramatically, I am considering closing the account, putting them in a bank, and taking the loss when I file my federal taxes next year. What do you think?

November 19th, 2023

I have an overage in my Health Savings Account (HSA) due to switching from family to single medical insurance coverage midway through the year. I am now left with a check for $1338 of pre-tax money that I don't know what to do with. Can I deposit this excess amount into my husband's HSA account, or is that not allowed since it was taxed through my company and not his?

August 7th, 2023

My wife and I own a S corporation with 50% ownership each, holding one share of stock each. Can we change our ownership to 90% and 10%?

April 21st, 2023

I am being audited by mail and do not have documentation to support my charitable contributions and employee business expenses. Is saying I don't have the documentation enough? I expect to owe and am willing to pay what I owe. Trying to find out the best way to respond when sending the documentation I do have.

October 19th, 2023

Can a student lose his Pell Grant if his mother owes the IRS money?

November 7th, 2023