Today TaxMama hears from Teri in California with this question. “Do you know if there is authority for relief from the 10% penalty on early distribution of IRAs due to the California wildfires?”
Tag Archives: Santa Barbara
Dear Family, The early birds really do get the worm today. Since practically before daylight, I’ve been watching the birds in my back yard swooping down and around, being unusually active. Generally, it’s the squirrels using the trellis Rick built as a jungle gym. Looks like we have new guests – some variety of blue […]
Today, Dina from Santa Barbara, CA moans, “Help! We owe $14,000.00 in taxes this year. My husband has a small business and only made $61,000.00. What happened? How can one live and provide for a family of four on that? Now our savings are gone.”