How should a real estate company report a forfeited earnest deposit of $50,000 on Form 1120S, and what category should be used on Form 1099-NEC for the seller who kept the earnest money due to an uncompleted contract?
April 24th, 2023
I'm an S-Corp doing my taxes myself. Do I need to sign by hand before mailing them in or does an e-signature suffice?
August 5th, 2023
Is money awarded from 9/11 related losses, including victim's compensation and workman's compensation, taxable income?
May 7th, 2024
I'm self-employed and trying to figure out what percentage to pay for quarterly taxes. I live and work in Florida, which has a lower tax rate for self-employed individuals. Could you explain how to estimate my quarterly tax payments?
December 11th, 2023
I have not received my stimulus check. I spoke with my TurboTax agent who confirmed I am in good standing and meet the proper guidelines. My direct deposit details are correct. What is the delay?
June 24th, 2024
I need the chat room for IRS. Where are you currently located? How old are you? Do you have any dependents? What is your typical filing status? Do you know roughly what you made this year?
March 23rd, 2023