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

We operate residential rental property as part of our main business. We are a pass through entity. We .... ... read on

What is the correct way to depreciate mobile homes in West Virginia that is used as residential rental property. We .... ... read on

I have a S-corporation where I am the only shareholder. I started the year with a zero basis and I .... ... read on

If a colleague and I form an LLC for a fitness training business (we previously were fitness trainers with our .... ... read on

We're a 501(c)3 non-profit organization. Do I need to send a form 1099 to the firm that I paid .... ... read on

I am a 50% owner of an LLC. Over the course of 2013, my business partner and I paid ourselves .... ... read on

I'm a contractor and I have a client that always forgets to send me a 1099 form after the end .... ... read on

I have a client who files as an S Corporation. The shareholders have zero basis. They have carried over losses .... ... read on

Is it possible to write-off receivables from a related party transaction? ... read on

If I am filing for bankruptcy at the end of this month, do I need to file for a new .... ... read on