I recently received a return where the IRS garnished it. However, they also held my 2016 return and never credited it or addressed it. I was hoping to recover it since I'm paid in full and owe no tax obligation. How can I get the funds from 2016 back?

December 9th, 2023

I have a full-time job in rural Western New York, but I own two rental properties in Illinois and travel there nearly every weekend to manage them. Are my travel expenses (flights, hotels, food, etc.) to Illinois deductible, and is there a limit on the amount I can deduct? For example, if I use a NetJets card for flights, can I deduct the value of each flight?

November 30th, 2023

I spent $16,000 to repair a backhoe for an excavation business. It took so long to fix that I wasn't able to make any money with it. Can I still write off repairs under a Schedule C?

October 14th, 2023

We have 30+ employees and offer full-time employees health insurance. A single employee close to 65 wants to continue working but sign up for Medicare and drop employer insurance. They want the company to reimburse them for their out-of-pocket Medicare expenses. What is the best way to handle this?

October 15th, 2024

We sold a home in 2015 and sold the adjoining 38 acres of undeveloped land in 2018. The sale of the land was contingent on the buyers selling their home first. Will these sales have to be filed with the IRS, and if so, how should they be reported?

July 14th, 2024