The Social Security Administration’s (SSA) requirements for issuing social security number (SSN) printouts are less stringent than the requirements for issuing replacement SSN cards.

A taxpayer we will call Clint, decided to do his daughter a favor. She was attempting to purchase a home that was in foreclosure. Part of the qualification to buy the home was having a substantial amount of funds on deposit. Clint took an IRA distribution and deposited part of it in a non-IRA escrow account. He intended to rollover the distribution back into the IRA upon the completed purchase of his daughter's home.

A couple of weeks ago we looked at a summary of Ohio’s tax law changes for 2013 (TTW# 214). This week we will take a closer look at the tax deductions available to individuals with “Ohio small business investor income”.

A massive case of organized tax and bank fraud culminated September 27, 2013 with the unsealing of four federal grand jury indictments accusing 55 people of participating in one or more illicit schemes, including the theft of more than 2,000 identities that were used to claim more than 420 million in bogus IRS tax refunds. As a result the IRS paid out more than $7 million, even issuing payments in the names of dead people.

Recent articles have flooded the internet regarding the term "family glitch" and its potential impact on leaving many children without coverage based on a faulty design in how Congress drafted the Affordable Care Act.

This helpful link was provided by the National Association of Tax Professionals. Use this tool to see if any subsidies may be available to you for health insurance coverage: