Explore the 1,000’s of tax questions answered by professionals.

CAPITAL GAINS TAX

If a partnership invested in another partnership that invested in Section 1202 Qualified Small Business Stock, can the partnership claim .... ... read on

Would an independent contractor who mows yards at different locations each day and has no permanent business office be able .... ... read on

We purchased a vacant lot in 2012. In 2014, we subdivided it into 2 lots, and planned to build a .... ... read on

I have had a sole proprietorship for a number of years. I am planning on changing to a S-corp. Can .... ... read on

A 1065 client received a payment called an earn-out. Where does this get reported on the investors K-1? Box 11 .... ... read on

If a client is large and has 10 to 15 million in gross revenue. They do not have audited .... ... read on

My parents purchased a home back in 1978 for $300,000. They recently gifted me the home and added my .... ... read on

My primary residence sits on 52 acres of land in South Carolina. Recently, a prospective buyer inquired about purchasing some .... ... read on

I lost my primary residence to a fire in 2011 and I paid off mortgage with insurance money and bought .... ... read on

We have a rental property that we bought in 2006. It is worth slightly less or the same in value .... ... read on