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This week's Slott Report Mailbag answers readers' questions about purchasing a home as a senior (as a first-time home buyer) using IRA funds and QCDs under the Tax Cuts and Jobs Act.

How many times can someone pass on an IRA or Roth and have it maintain its tax deferred benefit? In...

Now that the dust has settled and the tax code has been “reformed,” it’s time to unpack those changes and analyze how best they can help you and your clients. One of the changes was the expansion of 529 Educational Plans.

We have a trust that will terminate this year. The trust has, as beneficiaries, the widow of the trustor and...

I have what I thought was a straightforward question along with a established answer. Now I am not so sure....

Hey, Currently my wife and I have been going through some rough times and needing extra money to get back...

The IRS says it will start accepting and processing 2017 tax returns on January 29 and expects to issue nine of 10 refunds within 21 days. To get the fastest refund possible, file electronically and request direct deposit of the refund amount. The IRS says it won't start processing paper returns until mid-February, and requesting a mailed paper check adds more time to processing and delivery. The due date for 2017 returns is April 17, 2018, since April 15th is a Sunday and the 16th is Emancipation Day, a legal holiday in the District of Columbia.

If a business owner has sold all their stock to an intentionally defective grantor trust, yet remains on the payroll...

This week's Slott Report Mailbag answers readers' questions about Roth IRA contributions and RMD rules.

Can a more than 5% owner/participant in a solo K plan continue to contribute to the plan after attaining age...