asked
How does taxation work for cryptocurrency, particularly in terms of when you transfer bitcoin back to currency and take that currency out of exchange? I'm about to file my taxes and need to know how to do it properly.
May 16th, 2023
Can I file as single for tax year 2017 if I have been out of the household for more than 6 months and have filed for divorce, even though my former spouse filed married filing separately?
October 9th, 2024
I forgot to include my wife's Social Security number on our 1040 tax form. She is receiving disability benefits. What should I do to correct this mistake?
March 16th, 2023
I have a mortgage on my primary residence and a fully-paid off duplex rental property. If I took out a mortgage against the rental property to pay off the mortgage on my primary residence, would the mortgage interest be deductible on my Schedule E?
November 26th, 2024
I am trying to file an extension for my S-corp business, how do I start?
March 25th, 2024
A client received $10,000 to vacate his rental apartment to avoid eviction proceedings. Is this taxable income, and if so, how should it be reported? Additionally, how should $2,500 paid to an attorney for making the settlement be treated for tax purposes?
July 13th, 2024