I have passive activity losses from rental property in 2011 which TurboTax says I cannot deduct. Can I pass these passive losses to next year when the property earns more income?
August 6th, 2023
What is the tax treatment for money given as a gift and as a loan?
March 1st, 2024
I have a tax question regarding my LLC and converting it to a Corporation.
December 22nd, 2023
Grandma gifted farm land to her grandchild, but received a 1099-S for $200,000. How should this be reported on her 1040 tax return?
March 21st, 2024
When betting on horse racing, can I use my EIN instead of my social security number for IRS purposes, and how can I check the address associated with my EIN?
February 21st, 2023
What are the tax and filing requirements for a service-based LLC in NY Manhattan, other than income tax and bi-annual reporting?
November 29th, 2024