I am still working at 70 years of age and had to start drawing my Social Security. I am having 10% taken from both mine and my wife's Social Security checks. How will drawing my Social Security along with my current salary affect my taxes for 2021?

July 12th, 2023

My son is in jail for a long stretch and I need a copy of his 2020 tax return. I am his mom and need it for his children to get food stamps and Medicaid. I have power of attorney but no ID. How can I retrieve his tax return?

December 11th, 2023

We are considering buying a business for $280,000, which includes $20,000 for a non-compete agreement, $125,000 for fixed asset improvements, $75,000 for fixed asset equipment, and $60,000 for goodwill. What are the tax ramifications of this purchase for us?

October 8th, 2024

I received a letter from the Department of Treasury that I do not understand. I have tried to call for several days and cannot reach anyone by phone to ask them. I am 49 years old with one dependent child. My typical filing status is divorced head of household. What should I do to understand this letter?

February 7th, 2024

I am borrowing money from my family to buy a car. My mom lent me $10,000 and my uncle is lending me $8,000. If I deposit this money into my bank account, will the bank report it to the IRS?

June 5th, 2023