updates

When does the IRS send an identity verification letter?

The letter is issued by the employer, a bank or regulating authority such as the IRS. It is important to know that the identity verification letters sent ...

Jul 05, 2026 • 1 READS

updates

Can a newly married couple file a joint tax return?

Newly married. Wife does not yet have green card for US. Can I still file married filing joint? Tax law states because you are married, you must file your...

Jul 05, 2026 • 1 READS

updates

When do I have to file income tax return for a deceased person?

When a person dies, further tax returns may be required. Here are three federal income tax returns that may be required. Final Form 1040 The first is the ...

Jul 05, 2026 • 1 READS

updates

What is required beginning date for inherited IRA?

IRA owners generally must take their first RMD by April 1 of the year after they reach age 72 (age 70½ if you attained age 70½ before 2020); that date is ...

Jul 05, 2026 • 1 READS

updates

Why is Social Security not welfare?

Social Security is mainly a means of insuring against economic risk. It is fundamentally an insurance program, not a saving program, and as such it is not...

Jul 05, 2026 • 0 READS

updates

Can a person on disability have an IRA?

Almost anyone who works a job and has earned income can open and contribute to a Roth IRA. Disability benefits do not count as earned income, so you will ...

Jul 05, 2026 • 1 READS

updates

What is the interest rate for IRS installment agreements 2019?

0.25% The interest rate on the IRS Installment Agreement drops to 0.25%. Interest and failure-to-pay penalties continue to accrue until the total outstand...

Jul 05, 2026 • 1 READS

updates

At what age does child maintenance cease?

16 You’re normally expected to pay child maintenance until your child is 16, or until they’re 20 if they’re in school or college full-time studying for: A...

Jul 05, 2026 • 1 READS

updates

Can I amend just my federal tax return?

If you want to make changes after the original tax return has been filed, you must file an amended tax return using a special form called the 1040X, enter...

Jul 05, 2026 • 1 READS

updates

Can you be a single stay at home mom?

It is possible to be a single stay at home mom. You’re probably feeling like it’s more important than ever for you to do what you can to make money while ...

Jul 05, 2026 • 1 READS