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

We constructed some very large and expensive equipment which involved purchasing large quantities of parts (such as motors and bearings). .... ... read on

Is the interest paid on a construction loan (to rebuild a primary residence that is demolished) tax deductible in the .... ... read on

What are the franchise and business income taxes for a one man S Corporation for the following states: California, Texas, .... ... read on

I worked as a 1099 salesman in Illinois for a Utah company. The 1099 is from Utah company. I am .... ... read on

I just sold my primary residence for the exact same amount that I purchased it for. During the closing, .... ... read on

I owe back taxes from several years ago that will be discharged through bankruptcy. I will also have a tax .... ... read on

If I live in Illinois and itemize deductions can I claim sales tax vs. claiming state income tax on my .... ... read on

If I built my own house in 2010 and I meet all of the eligibility requirements, can I take the .... ... read on

I purchased a home that was my primary residence in June of 2010. I was laid off in January .... ... read on

I got separated and filed for divorce in October 2012. I just received an IRS notice stating that my .... ... read on