Timothy M. asked
I received a notice for payment of my 2021 taxes, but I already made two coupon payments that have been cashed. The billing summary is incorrect, showing an amount due that doesn't match my original tax bill and payments. What should I do about this notice, and how can I resolve the discrepancy with the IRS?
October 23rd, 2024
Joel P. answered
The IRS may be taking longer than usual to process payments, so it might be advisable to wait 4-6 we...
October 23rd, 2024
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Received a T558 form from NYS tax Dept. Is it necessary to fill this out? Already sent my taxes in. My husband and I file together on one return. He is also a partner with my son in a crop farm which had no income this year. Our only income was Social Security and Pensions.
June 22nd, 2024
I filed my taxes on TurboTax but haven't received my refund. How can I check the status of my refund and what should I do next?
November 17th, 2024
I have set up a payment plan but the first payment is due on the 16th, and the funds will not be available until the 24th. Is there any way to change the initial payment to the 24th?
March 27th, 2024
We received a $50,000 gift for our LLC Partnership with five members. The gift was made to the LLC, but we want to distribute $25,000 each to two specific members to help with their unexpected bills. How should we record this transaction in our accounting software, and what categories should we use for both receiving and distributing the funds?
September 4th, 2024
I need to amend my 2020 and 2021 tax forms because I didn't retrieve necessary documents from Fidelity due to my retirement. I used TurboTax on my computer, but I don't remember the ID and password for 2020. I have copies of my forms from Fidelity showing where I paid Federal taxes up front for 401k and pension plans. The IRS says I owe money, which I believe should offset each other, minus penalties. What steps should I take to amend these tax forms?
April 19th, 2023
