Facts: MFJ taxpayers died in 2024 as follows: H - 4.11.24 S - 8.16.24Cash Gifts made to Son as follows: $13k in April 24. $7k in Aug 24Q1: Since $13k was made j... read more
Client used standard mileage the 1st year and actual expenses for the next several years.Now that the vehicle is fully depreciated, can i switch back to standar... read more
I have an elderly client who died in 2024. A lawsuit was filed by her estate claiming that the assisted living staff abused her. The estate won a $300K judgemen... read more
My dashboard doesn't have the download option and the usual page when you sign on to your account is blank. Used to be "download years" right on the page. The l... read more
Taxpayer received IRS LTR 12C requesting a completion of part 4 of Form 8962 Lines 30-33 to allocate amounts related to a shared policy. Information can only be... read more
US resident client has dual UK and US citizenship. He traveled to UK in the summer for 2 months and worked for a company where he was paid wages of 9,000 GBP, e... read more
