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

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

I have a bank account overseas that is earning interest. I opened the account in December 2012 and the .... ... read on

When can I file my tax return for the 2012 tax year and when will I recieve my tax refund? ... read on

My wife and I are thinking of gifting our Virginia house in 2013 (purchased at US$220,000 and estimated sale value .... ... read on

In Dec 2011, I received most of an inheritance from my fathers estate. A small part was held back and .... ... read on

I am a UK national and own 2 houses in California. One of these I rent out. I've been .... ... read on

I have an S Corporation. I have paid myself with 1099 contract labor. I think this may be incorrect. When .... ... read on

In 2012 the tax rate for long term capital gains should be 0% for filers who are in the 10% .... ... read on

On June 14 this year my sailboat sunk off the coast of California due to a terrible storm. The fair .... ... read on

I sold stock options to a company as part of a takeover. I did not "exercise" the options. No stock .... ... read on