I made my last installment payment for tax year 2021 but inadvertently indicated tax year 2018 by mistake, for which there was a zero balance owing. Now my 2021 account is in limbo as observed on my online account. Please apply the payment of $1311.73 to year 2021 so that this installment agreement can be shown as paid in full.

December 9th, 2023

I'm considering buying a 6-ton vehicle for business and personal use this year. I understand I may be able to write it off under Section 179 and bonus depreciation. I'd like to know more about how the tax benefit works, and how recapture works in subsequent years if the car ends up being used more as a personal car than for business. Additionally, I'm in California and want to know about the Section 179 deduction for vehicles weighing over 6 tons, and how to use bonus depreciation to write off more than the initial $25,000 in the first year of service.

August 30th, 2023

As a single mother with one child, how should I fill out the W4 form to ensure the correct tax withholdings?

April 17th, 2024

I'm creating my first LLC in Florida to sell a web software service. I want to know how to calculate the exact amount to charge for my service, including taxes, to ensure I have a net income of $1,000 after covering costs and paying taxes. My service costs me $250, and my expenses are $100. What should I charge, and what is the tax rate for my LLC in Florida?

June 20th, 2024

I'm moving to Nevada from California and just purchased a house in Nevada as my permanent residence. How long do I need to wait to stop paying California state income tax, and what qualifies as intent to be considered a Nevada resident?

May 17th, 2024