As the sole beneficiary and executor of my partner's estate, who passed away in 2017, I lived in the home for 20 years and paid all expenses, including mortgage interest and property taxes, until the estate was settled in 2021. I was not on the deed or mortgage during this time, but it was stipulated in the will that I would take care of these matters. Why can't I deduct the mortgage interest and property taxes on my personal taxes, and is it possible to amend my tax papers for the past years?

December 28th, 2023

How can I find my EIN/TIN number if I only know the last four digits (ending in 5296) and have a PIN number from EFTPS?

July 30th, 2024

What's the best course of action if I erroneously claimed an ERTC in 2021 as a single shareholder subchapter S corporation, where the only employee is the single shareholder, and the ERTC does not apply? The credits were taken against deposit due, but the ERTC has not been received.

May 3rd, 2024

What should be done with loans and personal expenditures for a former employee in 2021, including the reporting of these amounts as income, the payment of federal and state FICA taxes, notification to workers' comp insurance, and the necessity of sending a new W2 or filing an amended tax return?

February 23rd, 2024

Is there any kind of tax help to lower my taxes? I am currently located in Utah, 43 years old with no dependents, and on a payment plan with the state for taxes. My income is around $25,000 a year, but the taxes are calculated as if I made almost $100,000 a year due to a divorce and paying for my daughter's wedding and debt.

September 10th, 2023