Showing posts with label year. Show all posts
Showing posts with label year. Show all posts
Wednesday, February 4, 2026

A Lesser Known Statute Of Limitations

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The last time I checked, IRS Appeals personnel count was down by approximately 20% and – no surprise – getting a case through Appeals is tak...
Saturday, August 9, 2025

Proving A Timely Tax Filing

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  I admit that I am biased, but I am not a fan of filing late tax returns. Call it Murphy’s Law: If anything can go wrong, it will.” I...
Saturday, November 26, 2022

Keeping Records For More Than Three Years

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  How long should you keep tax records? We have heard that one should keep records for at least three years, as the IRS has three years to...
Monday, March 14, 2022

Are Minimum Required Distribution Rules Changing Again?

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I wonder what is going on at the IRS when it comes to IRA minimum required distributions. You may recall that prior law allowed for someth...
Sunday, September 26, 2021

Section 1202 Stock And A House Tax Proposal

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I am not a fan of fickleness and caprice in the tax law. I am seeing a tax proposal in the House Ways and Means Committee that represents ...
Sunday, August 8, 2021

Wiping Out An Inherited IRA

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I came across an unfortunate tax situation this week. It has to do with IRAs and trusts. More specifically, naming a trust as a benefici...
Thursday, December 31, 2020

Happy New Year

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Monday, October 2, 2017

Is It Income If You Pay It Back?

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You receive unemployment benefits. You repay unemployment benefits. Do you have taxable income? To start with: did you know tha...