‘I feel cheated.’ I’m 75 and want to fire my tax preparer and financial adviser, as I owe five figures to the IRS. I’m still driving my 2013 Nissan and can’t afford new teeth. Now what?

Retiree's Nightmare: A Five-Figure Tax Bill and Lost Trust in Advisers - A 75-year-old listener shares their harrowing experience of a massive tax bill due to unexplained consolidation advice, leading to cutbacks on essentials. Experts suggest penalty abatement and IRS programs for relief, while cautioning against self-managed finances and taxes. Seek fee-only certified financial planners for trustworthy advice.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.