As a senior citizen, if I win Pick 4 and receive food stamps, will I have to pay taxes or give the winnings to food stamps?

January 30th, 2024

What tax forms should a petting zoo business use if it is listed as an LLC, and is it the 1120 or 1040 schedules F & C? If a personal 1040 was completed, is an amended 1040 needed with the Schedule C & or F? The petting zoo has one owner and is considered a farm-related business.

February 8th, 2023

A tax preparer made a mistake on my 2017 Federal tax return in Wheatland, Wyoming, by not accounting for my wife's 2017 Social Security income, resulting in an additional $3572 payment to the IRS. I confronted him with evidence of his mistake, and he apologized but did not offer to compensate for the penalties and fees. What steps should I take to recover his fee and have him pay any penalties and fees?

March 24th, 2023

Our accountant quit and I have not been at work for over a year due to my wife's quadriplegia. Our S Corporation taxes are due now, and we don’t have them prepared. What can I do?

November 5th, 2023

I just started an LLC as a sole owner. Do I have to file a W2 during tax time? Am I considered an employee of the LLC? If I'm the sole member, do I not have to file a W2? But do I still need to make estimated taxes quarterly? What do I file at tax time? Do I need a separate business checking account to accept client invoices and payments? How do I pay myself?

September 9th, 2023