I have three kids and haven't filed my taxes in about 4 years due to being unemployed and raising my kids, including a disabled son. I've lived with my parents for almost two years and they claimed my kids last tax season. I've heard about ways to do taxes or get stimulus payments or monthly payments for kids. Are my parents getting these monthly payments for my kids, and is there any way for me to get extra income?

September 4th, 2024

I have been on total disability for 17 years and have an 11-year-old son. I have never filed for the child tax credit. How far back can I file to collect it, and what are the requirements for claiming it?

January 6th, 2024

I have independent contractors who worked in more than one dental office, each office with its own set of accounts in QuickBooks. The individuals earned less than $600 in each office, but more than $600 total for three offices. Are the earnings combined for the purpose of producing Form 1099-NEC?

March 23rd, 2023

I have a single-member LLC doing IT work and would like to start a DBA under my current LLC, as well as upgrade it to an S Corp. Additionally, I'm looking to get into transportation and purchase a truck for cargo and long hauls, which I want to do under my current LLC. What forms do I need to fill out to accomplish this, and how can I set up my Schedule C transportation/cargo business?

July 13th, 2023

What is your pricing for the service? What is your pricing for your tax assistance service? We shot a music video and paid for it in 2021. We will not receive the video master until 2022. My understanding is that the master is an asset that we will depreciate over a number of years. How do I list this on our 1065 for the LLC?

February 15th, 2024