I worked for a company for 16 months and fell on the property, resulting in injuries and later diagnosed with stage 3 Non-Hodgkins Lymphoma. I received short-term disability, long-term disability, and workers' compensation. My pay stub shows I paid premiums for both disability programs pretax. Do I have to declare the disability benefits as income on my taxes, or are they tax-free since I paid the premiums pretax?

November 20th, 2024

As a 1099 worker in a startup business where I am also a manager, what is the distinction between per diem and reimbursable expenses, and can I claim per diem while also receiving reimbursable expenses from the business?

October 22nd, 2023

Several clients have left me with unpaid invoices totaling 45K this year. Can I report this as a loss to the IRS and list their company as a 1099 in the amount of unpaid debt?

December 8th, 2023

I bought my first home in April of this year. Is it too late for me to file for the $8000 tax credit?

January 13th, 2024

I need to obtain a Tax ID number for The DelMarVa Chapter of the Pontiac Oakland Club, a non-profit automobile club dedicated to the exhibition and promotion of Pontiac-Oakland-GMC automobiles. We have restored these vehicles and display them at car shows and malls, but we do not raise money. What is the procedure to get this Tax ID number?

March 29th, 2023