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

We recently dissolved a partnership and contributed those assets in an S Corporation. Are the balance sheet items such .... ... read on

My mother recently passed away and I received a life insurance check from prudential through my mother's life insurance company .... ... read on

When do I charge sales tax on my IT services business? There are two categories of charges, hourly consulting fees, .... ... read on

I sold a house on a land contract and I owe a mortgage on the house. Is there any place .... ... read on

If I sell my cottage at a loss can I deduct the loss? The cottage is not my personal residence .... ... read on

I am manage stock investments in my personal account. Will the IRS allow me to deduct the cost of .... ... read on

What is the procedure for reducing a tax attribute such as net operating loss (NOL) for 2013 if I report .... ... read on

How complicated is it convert from a partnership to single member LLC, where the the spouse transfer partnership interest to .... ... read on

Is it possible to make the section 105 plan work for a partnership where the wife is a partner? I .... ... read on

I purchased an ETF that happens to issue a K-1. Box 8 of my K-1 (short-term capital gain/loss) is showing .... ... read on