Hello, I am a financial advisor, and a couple who are clients realized this week while finishing their taxes that their AGI well exceeds the limit to contribute to their Roth IRAs for 2025. My team was unaware that their AGI would be so high for 2025, ...
After several unanswered calls to her husband to find if the returns mailed 2.5 weeks ago were received & if there were questions, and then called and he indicated the return was received and no major issues were mentioned except he questioned why an ...
I am in corporate accounting and not a tax accountant. My mother passed away in Illinois in 2025. Her estate is less than $30,000. Do I need to file any special federal or Illinois tax forms related to the death? Normally, my parents tax returns were ...
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