Featured Discussions

Gift tax and tuition for child filing separately

Is there an an advantage to have a child file income tax separately claiming gif...

Read

Charitable contributions

If a taxpayer makes a donation in excess of $50.00 to a 501(c)(3) organization,...

Read

401k firm is in Web Connect list, but Q07 doesn't Web Connect

My wife's 401k is managed by Transamerica. Quicken Premier 2007 for Windows say...

Read

How to tell the IRS your business name has changed

For about 30 years I have done business as a sole proprietorship with an EIN. E...

Read

A different Home Office question

A home office is an area that must be used exclusively for business. But, on my...

Read

Claiming a foreign tax credit without filing a 1116?

I have a 30% interest in an escrow account that was set up for environmental re...

Read

Question on rentals

We relocated to another state. Our plan was to rent out our home in the former...

Read

Client never paid the $695 IRS penalty for not having health insurance in tax year 2017.

Client just received a letter from IRS. Client never paid the $695 because her...

Read

Questions on Taxes Related to Working from Home

I have question as related to taxes. I don't know if it's relavent to the quest...

Read

deleting a backup file

I?ve been lurking here for years & benefitted from the expertise of several of...

Read

Depreciation of home office

Daughter-in-law has photography business in operation for several years. She ha...

Read

Stimulus payments -- subject to state tax?

Of course we all know that the stimulus payments are not subject to Federal inc...

Read