Komon Lab | IRS Tax Debt Resolution If you owe the IRS more than you can realistically pay, the Offer in Compromise (OIC) program lets you settle your federal tax debt for significantly less than the full balance owed. The IRS accepts only a portion of the offers it receives, so a complete, well-documented application … Read more
Komon Lab | Unclaimed Asset Recovery The average American worker changes employers 12 times throughout their working career. With each transition, retirement paperwork gets lost, physical mailing addresses change, and corporate employers merge, rebrand, or go out of business entirely. According to official estimates from the US Government Accountability Office (GAO) and retirement policy research … Read more
Komon Lab | Early Retirement & SEPP Architecture One of the most persistent dogmas in personal finance is that traditional retirement assets—such as 401(k)s, 403(b)s, and traditional IRAs—are locked in an impenetrable vault until age 59½, inaccessible without surrendering a devastating 10% early withdrawal penalty. For early retirees, career changers, and followers of the Financial … Read more
Komon Lab | Beneficiary Designations A payable-on-death bank designation or transfer-on-death brokerage registration can help eligible assets pass to a named beneficiary outside probate. These tools do not automatically remove every asset from an estate, cancel debts, or guarantee immediate access after a death. Availability and legal effects depend on the account, ownership, and state … Read more
A comprehensive personal finance blueprint on restructuring IRS Form W-4, eliminating the interest-free loan to Uncle Sam, avoiding underpayment safe harbor penalties, and reclaiming $250+ in monthly paycheck liquidity.
Komon Lab | HSA and 401(k) Contributions An employer 401(k) match and an HSA can both be valuable. A useful starting point is to consider the full available match, then compare an eligible HSA with other savings needs. The right order depends on debt, emergency cash, medical expenses, plan fees, and tax circumstances—not just an … Read more
[Research Brief] Wealth Building | Statutory Real Estate Tax Architecture Under the Internal Revenue Code, residential and commercial rental real estate is subjected to a severe statutory disadvantage: Internal Revenue Code (IRC) § 469(c)(2) automatically classifies all rental activities as passive per se, regardless of how many hours an owner dedicates to property operations. Because … Read more
[Research Brief] Wealth Building | High-Net-Worth Statutory Tax Strategy Enacted under Section 1411 of the Internal Revenue Code (IRC) as part of the Health Care and Education Reconciliation Act of 2010, the 3.8% Net Investment Income Tax (NIIT) represents one of the most punitive tax hurdles facing affluent investors, high-income professionals, and business owners. Unlike … Read more
Komon Lab | HSA Investing and Records An HSA can help eligible savers pay qualified medical expenses with federal tax advantages. Paying a bill from other cash and saving the receipt can leave HSA money invested for longer. This approach requires affordable cash flow, careful records, and acceptance of investment risk. It is not automatically … Read more
A guide to SECURE 2.0 Section 126 rules for 529-to-Roth rollovers, covering the 15-year seasoning requirement, lifetime caps, and trustee transfers.