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

My spouse is the sole proprietor of an LLC and I am his part-time employee. The LLC makes annual contributions .... ... read on

I claimed a truck on my 2011 return and placed it in service on 01/01/2011 for my dirt hauling business. .... ... read on

Next year, I will have a salary of approximately $70,000 and my spouse will have a salary of about $60,000. .... ... read on

A friend signed over a check to me from a financial institution. The money was from her 401(k) account. .... ... read on

I am thinking of converting my sole proprietorship into an LLC, but I need to know if the real estate .... ... read on

I have previously claimed the Hope Scholarship Credit for two years for my undergraduate education. Can I claim the .... ... read on

I plan to sell property and then purchase a related property in a different state. I obtained this property .... ... read on

Our company sells residential rental property through seller financed mortgages on an installment sale basis. How would this be .... ... read on

Our business is structured as sole proprietorship. We also have a corporation that is not active. Due to .... ... read on

Our company made a down payment on inventory. The manufacturer will ship the order within 30 to 60 days .... ... read on