I am trying to learn how to transfer a business vehicle (LLC) into my personal name. I was in business until the end of 2020. The vehicle was not fully depreciated yet, and I want to learn how to properly transfer the vehicle. What steps do I need to take for this transfer, and how does it affect my taxes?

February 2nd, 2023

How should I report a portion of amounts from a 1099-B and 1099-DIV on a 1041 trust return, while reducing the reported amount on the deceased's final 1040 return? Specifically, where should I enter the negative amount on the 1040, and would this be done on Schedule B (dividends) and Schedule D (capital gains)?

March 16th, 2023

I sent my income tax return by certified mail to Kansas City, MO on 3/15/21, but I haven't received it as of today. I am 88 years old, my wife passed away last year, and my gross income in 2020 was $28,272.00. What should I do?

May 20th, 2024

I sent a gift payment to Timmy via Venmo, but it went to the wrong recipient (@*). The payment has been deducted from my bank account, but Timmy cannot receive it. How can we correct this issue?

November 11th, 2023

My stimulus check was sent to the wrong bank account. How can I track its progress, and what should I do if it's been over 8 weeks since it was sent?

November 16th, 2024