If I hired a contractor and he referred another contractor to do work on my rental property, and I paid both contractors, am I responsible for paying the recipients' taxes, and should I put my information as the payer on the 1099 form?

July 16th, 2024

We sold a condo in Las Vegas in 2020 for a profit of $78,000 and used the profit to buy a property in Sun City West for retirement. We are concerned about a significant tax liability. We are 63 and 65 years old, married, and have no dependents. What is our tax situation regarding this profit?

October 2nd, 2023

If I claim my 52-year-old disabled daughter as a dependent on my tax return, will I have to pay taxes on the $3,200 stimulus check I received for her?

September 21st, 2023

Ana owns XYZ Corporation and submitted a PPP Loan application. XYZ has 10 employees, and Ana provided 2019 941 quarterly federal tax returns totaling $100,000. Ana also disclosed that an EIDL was booked on 5/5/20 for $10,000. What is the maximum amount Ana can get from the PPP loan?

May 29th, 2023

How can I obtain a copy of my 2019 tax return, as I have been given multiple websites that do not work?

January 15th, 2023