I just sold my single-family rental in California. Is there any law change or way I could buy a condo in Panama (the country) and defer some of the profit?

October 25th, 2023

My wife and I were married last year in July. She worked until September in Indiana and then moved to Illinois, where I have been a full-time resident all year long. How should we file our taxes considering we are planning to file jointly but have income from different states?

February 27th, 2023

Can I claim my daughter as a dependent for 2017 if she turned 24 on December 21st but I paid for more than half of her living needs and school expenses throughout the year?

June 9th, 2024

As a sole proprietor, should I be on payroll or do an owner's draw for owner equity?

March 27th, 2024

Through eminent domain, I was forced to sell my laundromat in 2016 to the city for $525,000. We immediately bought another store for $363,000 and transferred our assets. My CPA didn't list this in my taxes. Should this be listed, and what are the implications if it's not?

October 24th, 2024