Aug 26, 2024
In this episode:
- We discuss the taxability of Social Security income.
- A review of total income and Medicare premiums.
- We examine the tax liability of Hobby Income.
- FINCEN: Foreign accounts with more than $10,000, even for a day, must be reported.
- The IRS has announced that they intend to start paying refunds for the...
Aug 9, 2024
In this episode:
- Republican lawmakers propose a $2B cut to IRS funds.
- Be aware that there is a fake "Self Employment Tax Credit" that is being pushed by scammers.
- The IRS compliance program faces potential cuts.
- An IRA inherited by a non-spouse may need to be withdrawn before 10 years.
- A deep-dive into...