asked
I received a social security check with 'soc sec for ins' printed on it. What does this mean?
May 5th, 2023
I received a gifted real estate property in Texas worth approximately $50k. After 2+ years, if I sell it, will I have to pay taxes on the proceeds?
July 20th, 2024
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