Can an IRA customer contribute if he or she is 75 and earning income?
Is a US TIN enough for a NRA on an interest bearing account?
I have a client with a matured IRA/CD. Will there be a penalty if they move the matured IRA/CD to a Money Market Account? The client is 72 years old.
They want to use the money for a down payment for property.
We received an IRS levy for an individual. We have no personal account, but there is an account where the individual is the sole owner on a business account and incorporated. Does the levy effect this account? And do the new Beneficial Ownership regulations impact this at all?
This individual is really using this as a personal account and even deposits Social Security checks into it.
If we have never had an issue with IRS reporting compliance, don’t you think we’re safe?
Do I need to file a 1099-A AND a 1099-C after a foreclosure and subsequent sale of the property?
Can I rely on the IRS form’s instructions to keep me safe?
When do I really need to file a 1099-C and what can I do after that?
What is new about the W-4 Form in 2019?
What is the big deal with IRS reporting compliance?