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A trustee/creator passes away in 2023. He used to claim the trust income & expenses under his 1040.1- For 2023 tax return should the trust be filed under the De...
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When he came to me, he didn't mention anything about filing 2019 or the examination letter, and when he received a letter from IRS demanding $40K he tried to bl...
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Believe or not I see a lot of those every year (ones with missing 1099). But this is the first time I see someone ignored an examination letter.
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My client a ride sharing driver, filed his 2019 1040 on time in 2020. However, it seems he stretched the expenses a little more than he should & the IRS sent an...
