I purchased a home in 2020 using funds from a prior sale and made my son a 40% owner. He lived there for 2 years and we sold the property with a $50,000 gain. He is eligible for the capital gains exemption because he lived there. Since I provided all the funds for the purchase, can I deduct the entire purchase price from the net proceeds I received, or does he take 40% and I take 60%?

November 18th, 2023

My kids' dad claimed both children on his taxes without notifying me or anyone. We are going through a custody battle. The kids live with me, and I currently have full custody. What can be done about this?

October 6th, 2023

I need a ZIP IP PIN number to do my taxes. Where can I get it and do I need to pay for it?

August 25th, 2024

I need help with a 1065 foreign tax return that I am doing. I need to file K2 and K3 for it. Will you be able to help me with reporting a loss of 46,000?

July 25th, 2024

I have a client whose CPA passed away a month ago. The CPA had filed an extension for their 1120 corporation tax return for the tax year ending 9-30-22. Will this return be due on 3-15-23? The extension is for 6 months after the end of the tax year.

April 22nd, 2023