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

CAPITAL GAINS TAX

Our company had two transactions this year. In one transaction, our company purchased an unimproved parcel of land from .... ... read on

Can we deduct losses from a home sale? For instance, we bought the house for $130,000 and closing costs .... ... read on

I am a Canadian citizen who has been a US resident for a little over 4 years, initially on a .... ... read on

If you sell a rental property in 2013 in Virginia and use the money to purchase another property in Florida, .... ... read on

An employee recently warned me that receiving a W-2 and 1099 from my business in the same year would be .... ... read on

My ex-husband and I bought a house together, but my name was never on the deed/loan and now we are .... ... read on

Is royalty income from an invention that is treated as a long term capital gain under IRC 1235, subject to .... ... read on

If the profit from a property I sell is subject to capital gains, and I am in a mediation contract .... ... read on

We sold our equipment rental LLC business. We would like to know if the sale of different assets in .... ... read on

I just retired at the age of 62 after 23 years as a nurse practitioner with a large medical group. .... ... read on