A corporation paid for a land improvement, specifically a breakwall for a marina, while renting the property from a related party on a month-to-month basis. Is this considered a land improvement or a leasehold improvement, and would bonus depreciation still be allowed?
October 18th, 2023
I am 68 and my wife is 63 (born on 2/23/56). SSA estimates my current retirement benefit at $3,147. My wife's full retirement age (FRA) benefit is estimated at $1,370; her age 63 benefit is estimated at $1,095. If we both file for SSA benefits today, what would be her spousal benefit be? If I died, what would her survivor benefit be?
December 14th, 2023
What if my husband refuses to have me include his information on my tax return? Can I file as single, and what if I file married filing separately and do not have his social security number?
May 2nd, 2024
How do I complete and submit the Form 941 (Employer's Quarterly Federal Tax Return) and Form 940 (Employer's Annual Federal Unemployment (FUTA) Tax Return) to the IRS, and what information do I need to gather for these forms?
June 7th, 2024
I collect money for a trip and pay it to an agency. Do I debit cash and credit other income? I do not make a profit.
August 13th, 2024
My husband and I work for the same company and filled out our W-4s claiming 0 exemptions. Now we still owe taxes. If our employer did not withhold the proper amount, do we have any recourse?
January 27th, 2024