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

CAPITAL GAINS TAX

I have an elderly client that is sole shareholder of a Subchapter C corporation since its inception. The business purpose .... ... read on

Can I claim a $38,000 capital loss using form 4797 for a rental house I sold in July 2011? .... ... read on

I own a home that I want to sell to my business and operate the business from my home. The .... ... read on

Can a US resident alien accomplish a IRC Section 1031 tax free exchange of UK rental property for US rental .... ... read on

I have a client that is a partner in a partnership. She is retiring and selling her share in the .... ... read on

We started a C Corporation three years ago and have contributed both equity and debt. We believe that we .... ... read on

I own an LLC with my wife in Maryland and we're thinking of selling a website business. The sale price .... ... read on

Can the IRA of an individual officer of a class "c" corporation be attached by the IRS for the corporation's .... ... read on

I just sold my nail salon. Basically, I sold the equipment. How do I figure out how much .... ... read on

In 2008, I sold my shares of an S corp to my partner. I realize that my tax basis .... ... read on