asked
We invested $25,000 in a CD over 3 years, and when it matured, it was worth $30,350. Do we have to pay taxes on the whole amount or just what we made over the initial investment?
December 6th, 2024
My elderly mother survives on assistance from me and her monthly social security. She lives alone and pays a mortgage. She has not done her taxes in several years. Someone told her she doesn't need to anymore, but I am thinking she may benefit. Please advise.
May 12th, 2023
Where can I get a copy of my award/benefit letter for a reverse mortgage?
March 14th, 2023
I am going through an audit for Arizona for 2011 and discovered that my old tax preparer used my 2010 expenses verbatim for 2011, which may have triggered the audit. I moved to Idaho in 2013 and filed a partial year AZ return for 2013. My new CPA in Boise discovered this issue and my business taxable income jumped from $25k to $50k. I would like to know how they normally treat this, if 2011 is the farthest they can go back, if amending for 2011 means they will audit 2012 and 2013, and how far back the IRS can go. I am also concerned about the potential tax liability and whether I can afford it.
January 9th, 2024
I am using TurboTax software installed on my computer, but I cannot access some programs due to a password issue. I do not remember the password. Can you assist me?
February 12th, 2024
I’m selling real estate in Hawaii. I’m a non-resident of the state. Can I recover the tax paid if no income is earned in Hawaii and owe no Hawaii income tax?
February 3rd, 2023