asked
I am giving my son my small business, which is an S Corp. Do I have to file any forms with the IRS to make them aware of this change?
August 31st, 2023
Can I file taxes on my child support income of $497.00 per month for my 14-year-old child and receive tax benefits this year?
December 25th, 2023
How much of a deduction can I get on contributing $2,000 to a Roth IRA if I am self-employed?
March 31st, 2024
My husband is 62 and I am 59. If we sold our income property, do we get a lower rate of capital gains on that property? How can we avoid capital gains on income property? We own a 2-family income property in Everett, MA, with one apartment rented to our daughter for $200 a month. If we sell that property, do we get a tax break percentage at our age? If not, how can we avoid paying capital gains on this income property?
February 13th, 2024
I work in China as an independent contractor for a US company and am out of the country all year. Do I qualify for tax relief from the IRS and the state of Michigan?
April 20th, 2024
My property taxes were $2100 for 2006 due in January 2007. Is this amount deductible?
February 4th, 2023