Filing form 1040X may get you your refund, but don’t expect a fast turnaround.
Jacob Dayan was born and raised in Chicago and worked in New York City as a financial analyst at Bear Stearns. In 2009, he returned to Chicago to be with his family and pursue a career assisting consumers and small businesses with various financial needs. In 2010, he co-founded Community Tax LLC, a full-service tax company helping customers nationwide with all of their tax resolution, tax preparation, bookkeeping, and accounting needs. He’s a licensed attorney in Illinois who graduated Magna Cum Laude from Mitchell Hamline School of Law and has worked with more than 60,000 clients – resolving more than $400 million in tax liabilities.
A reader wonders if the current situation means he can renegotiate to settle his IRS and state back taxes.
Just because your spouse decides to scam the IRS, it doesn’t excuse you from filing.
A reader wants to know how to set income tax withholding on a new job to avoid a tax bill in April.
A reader wants to know if there’s any silver lining to taking a loss on a real estate investment.
The IRS wants to charge a retiree for moving his IRA CD, but he may be able to avoid getting taxed.
The simple answer is no, but it’s never simple with the IRS.
A reader’s wife has left him, but they’re still married. Yet she just filed her own taxes.
The answer has more to do with your job than your expenses.
A reader never did her S-Corp filing. How much pain is she facing?