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

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

I have a substantial net operating loss (NOL) carry forward from prior years. I am self-employed and expect to earn .... ... read on

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

I was notified that my father had a life insurance policy with me as beneficiary from 26 years ago. I .... ... read on

I sold a condo that was used as a winter home only for about 2 months a year. I purchased .... ... 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

Myself and two of my siblings inherited a home when our mother died in 2005. It's value at the time .... ... 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 quit my job with a company several years ago and never started another 401(k) due to job uncertainty. Due .... ... read on

In 2008, I rolled over my wife's 401(k) of $40,000 into a traditional IRA. Then, she made non-deductible IRA contributions .... ... read on