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

Can a person contribute to an IRA and Roth IRA at the same time? ... read on

What is the maximum amount an individual can contribute to a SEP-IRA? Does it depend on the salary? ... read on

Where do you report the income from a 179 recapture sale of a business asset when it's on a 1120s .... ... read on

I purchased a commercial property with for $1,000,000 which has a $5,000,000 market value & a property mortgage of 3,000,000. .... ... read on

Is income for damages paid to me in a lawsuit taxable? ... read on

If you received an accident settlement for $10,195, do you have to report this as income if you are on .... ... read on

How does a non needy grant effect my income for tax purposes? This is for a grand daughter I am .... ... read on

When you receive money from the Texas State Comptroller's Unclaimed Property Department, do you owe the IRS Income Tax on .... ... read on

Is social security taxable? ... read on

My travel expenses are reimbursed by my company, do I treat that money as income? ... read on