Strategies for Paying Off Credit Card Debt

May 30, 2025
My husband and I are retired and have accumulated a lot of credit card debt over the past few years. We need help paying it...

Does Medicare Cover Eye Exams and Vision Care?

May 23, 2025
Is vision care covered by Medicare? I currently have vision insurance through my employer, but I will lose this coverage when I retire...

Tips for Job Seekers

May 16, 2025
What advice do you have for finding employment opportunities?...

IRS Collects $5.1 Trillion in 2024

May 30, 2025
On May 29, 2025, the Internal Revenue Service (IRS) issued the Data Book for fiscal 2024. The Data Book is an annual report on tax revenue and IRS activities for the prior year...

IRS Increases Use of Chatbots

May 23, 2025
Since the first chatbots were installed by the Internal Revenue Service (IRS) in December of 2021, the Service has continued to improve and increase the use of computers to assist taxpayers...

IRS Advice for Late Filers, Extenders and Nonprofits

May 16, 2025
In a series of letters, the Internal Revenue Service (IRS) provided advice to late filers, those who have extended their deadline to file until October and nonprofits. Taxpayers who missed the April 15 filing deadline...

Domicile - Where You Live Affects Your Taxes

June 6, 2025
A successful business owner with a large estate passed away in 1976. He had grown up in Texas, moved to California and also lived for many years in Nevada...

Family Limited Partnerships

May 30, 2025
A family limited partnership (FLP) is usually created by parents. It has several purposes. An FLP can save estate taxes and permit transfers to family members...

Family Business Bailouts

May 23, 2025
Joe and June started Children's Clothing Company 30 years ago. They are now both age 65 and are interested in retiring. Their daughter Susan is currently the company president and their son Michael is the...