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Hello: My wife and I are both retired. One of us have an earned income of about 11000. Other one...

After efiling our 2023 Federal tax return last week via TurboTax, I discovered that I had neglected to include information...

I’ve received K1s in the past. Since there were no distributions I didn’t report them on my tax return. I’m...

I am looking for a CPA to evaluate a situation where a taxpayer overcontributed to a SEP by about $150k...

On the topic of NUA, what happens to the LTCG on NUA value if the stock depreciates after distribution ?...

I have four retirement plans: 401k, Money Purchase, HR10 & an IRA. If turning age 73 this year, which plans...

Need Help! Long term T-IRA owner of an after-tax non-deductible T-IRA (IRS form 8606) since ‘97.  Over the years, contributed...

Taxpayer took $55,000 distribution from their IRA  and within 60 days replaced the funds in the entirety. Custodian issued one...

Client made a $6,500 contribution but joint return reflected around 224,00 in income, therefore  in the phase out range. Around...

IRAs are an important, but often overlooked, part of your overall tax planning. As the deadline for filing 2023 tax returns approaches, it is a good time to incorporate your IRA plan strategies with your overall tax plan.