asked
In March of this year, I mailed a payment of $601.00 to Kansas City, Kansas, instead of Binghamton, NY, for taxes owed from the previous year. The check was cashed, but the correct recipient did not receive it. I had to send another check to Binghamton, NY, with interest. How do I get my original payment back?
March 2nd, 2023
A client set up an LLC in 2018 and elected to be an S Corp, but never filed any tax returns and incurred minimal expenses. In 2020, they had some gross receipts but still no tax filings. They mistakenly thought they couldn't own an S Corp as a green card holder. Is it possible to revoke the S Corp election retroactively and file as a C Corp for previous years, or should they file final tax returns for the S Corp and close it down?
October 13th, 2024
I am not currently taking taxes out of my Social Security check. I want to begin. I am single and live alone. I have multiple medical problems and receive $2,266/month in Social Security benefits. I also have retirement income from my job. How much should I deduct to not owe tax?
March 7th, 2023
I mailed an application for an IP PIN over 5 weeks ago and need it ASAP for personal reasons. Please mail it to Dinah Ogden, Odum Georgia 31555. My typical filing status is married filing jointly, and my income this year was approximately $90,000.
April 16th, 2023
I missed the deadline to repay my 401K withdrawal under the CARES act. Should I go ahead and repay or should I wait?
May 7th, 2023
My parents inherited my deceased brother's house in Fountain Valley, Calif. this year. My brother bought it for $600K in 2017. Zillow shows it's now worth $800K. Do you see any IRS problems if my parents sell it to me for $600K even though it's worth $800K? I would purchase it through a 1031 exchange. I happen to be in the 45-day identification period.
May 27th, 2024