asked
Need help getting the IRS to issue my deceased father's 2019 tax refund so we can close his estate. They have all the correct forms, but the refund hasn't been issued. Will we lose the refund if it goes past 3 years? The IRS informed me they couldn't speak to me because the form 56 was filled out incorrectly by the estate attorney and the form 1310 was sent incorrectly by our tax guy. All this has been corrected now, but they told me it might take up to a year before they issue the refund because they process refunds for deceased individuals after they process the ones that owe to the IRS. Any suggestions on how I can get this issue resolved?
September 7th, 2023
I work full time as an employee and freelance part-time on the side for extra income. What do I need to do to prepare for taxes for freelancing, and should I be paying taxes quarterly if I only make around $10,000 freelancing in a year?
April 18th, 2024
I get a trust check every week. Will it affect my Social Security retirement payment? I filled in my 2021 taxes and they are calling it income and cutting my check.
July 27th, 2024
Is there a tax implication when receiving a $60k settlement from a builder for poor work done on our primary home, which will be used to pay a new contractor for the necessary repairs?
February 26th, 2023
I had imported a large inventory to sell, but due to market changes, I had to donate it all to a church. What tax treatment will give me the maximum tax benefits using my personal account, my LLC, or my S Corp? Do I need to provide more information?
September 8th, 2023
How can I shelter my personal income from a significant tax liability now that I am making more money, given that I am 60 years old, married with adult children, own a home, and also own a business with substantial income?
February 1st, 2024