Site search

My client died in 2020 was over the age of 80 and left her IRA to her four children. She...

1. If I sell ETF shares in a taxable account to generate a loss and buy the same ETF in...

Taxpayer is an employee. He and his wife own 100% of C Corp. C Corp employer contributes to SEP-IRA on...

Hello, I’m working with a married couple who have both made an excess Roth contribution for 2016, 2017, 2018, 2019,...

Situation: My brother passed and left his IRA to multiple beneficiaries, one is his spouse. I am being told I...

Client made a non-deductible contribution for 2019 but didn’t file form 8606. 1. Does the $50 failure to file penalty...

This year a client rolled over 2 IRA accounts in trustee-to-trustee rollovers into one combined account. It was learned after...

Dear Alan et al, I have a client who mistakenly made a non-deductible Traditional IRA contribution in Jan 2020 for...

Client has 3 traditional IRA annuities that are converted to Roth IRAs in 3 successive years to minimize the tax...

I drew out $13.5k from my IRA retirement fund in mid March 2020 after being furloughed. This was pre CARES...