What are the fax numbers to file change of address forms for the IRS and California Franchise Tax Board? What is the fax number for form 8822 for taxpayer filing returns at the Fresno center?

September 5th, 2023

A single man buys a 2-family house for $140,000, gets married, and lives in Unit 1 while renting out Unit 2. After a divorce, Unit 1 is given to the wife, and the husband moves into Unit 2, deciding to sell it within a year. What is the cost basis for the sale, and is there any chance of applying a portion of the $250K exclusion?

June 6th, 2024

I made a $200,000 Real Estate investment in 2007 through an investment company, which resulted in a total loss after one year. I was advised not to file IRS taxes on this money as it was from a self-directed IRA. Now, in preparation for my 2015 taxes, I received a report from the company. Do I need to report this loss, and how should I handle this situation?

July 23rd, 2023

I recently took a job in NYC but still have my house in MA and go back and forth on weekends. Can I claim as a full-time MA resident? Should I claim as a part-time resident in each state? What is the best from a tax advantage perspective?

June 26th, 2023

Are purchases like smartphones, laptops, and Wi-Fi or internet services for office and car access, qualified tax deductions for either an LLC, holding company, or transportation service?

October 8th, 2024