Chelsea C. asked
If my mother's life insurance is sent to the funeral home, do I still have to claim it on taxes?
February 26th, 2024
Laura S. answered
Life insurance proceeds are not considered taxable income, regardless of whether you receive the fun...
February 26th, 2024
Create an account to view answers and interact with the community!
I am having trouble creating a cash flow statement from scratch and ensuring it matches the trial balance. I need guidance on how to prepare a cash flow statement and understand the basic concepts.
April 28th, 2023
How much should I set aside for federal and GA state taxes as an employee making a total of $160K? What strategies can I use to get more tax write-offs, particularly through donations and work expenses? Are there target dollar amounts I should consider for donations?
June 5th, 2024
I filed my tax return by mail over 2 months ago, and when I check the 'Where's My Refund' status on the IRS website, it doesn't show my return has been accepted. I am a single mom facing eviction. Is there any way to get my refund asap?
May 21st, 2023
Is it normal business practice to not inform widows about 401(k) accounts from deceased husbands, and what steps can be taken if the spouse was never informed about such accounts?
December 27th, 2023
As a non-US citizen who created a single-member LLC in Wyoming in late 2021, with no transactions until January 2022, do I need to file Form 5472 for the year 2021, and if so, what are the implications of not filing it?
July 26th, 2024