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Gift Tax Surprise

Personal Planner

Bill: "Every year I pay income tax. And when I pass away my estate will owe tax. But I was absolutely stunned today to hear that I might even have to pay a gift tax! Do you mean that if I give this...
Can You Stop and Restart Social Security Benefits?

Savvy Living

I recently got an unexpected inheritance, and I do not need Social Security income right now. Is it possible to suspend my benefits and restart them at a later age? There are two different options...
Will AI Protect Taxpayers from Scams?

Washington News

At a Inflation Reduction Act industry conference held on June 5, Internal Revenue Service (IRS) Transformation Lead for Notifications and Scams, Kareem Williams, discussed the latest efforts to...
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