How can my 82-year-old mother on social security pay off $300k debt without having to pay a huge chunk to the IRS, given that she has been paying interest-only payments of $1,800 monthly for ten years on a loan secured by her house and land?

June 1st, 2024

I received a partial income tax refund check for 2021, followed by a notice stating they found an error and would be sending me an additional $1,600. It has been six weeks since the notice, and I haven't received the additional check. What should I do?

August 14th, 2024

I received a CP171 letter from the IRS for $5,000 from 2013. The business was under my name, but my father was the one who worked there and used my EIN. He passed away 5 years ago, and I don't have any financial papers from his business. Should I just pay the amount to avoid further issues with the IRS, or is it worth fighting for?

September 3rd, 2023

How much capital gains tax would I pay if I waited a year to sell my house, considering the ownership dates and potential exclusions?

May 28th, 2023

I'm expecting a refund but haven't received a check and there's no information online. What can I do?

December 29th, 2024