I owe $2,767 for my 2017 taxes and initially sent $300. I received 1040-ES 2018 payment vouchers suggesting 4 payments of $692, but I can only manage 8 monthly payments on my Amex card. How can I adjust my payments to be more manageable and ensure they are applied correctly to my 2017 tax liability?

June 29th, 2023

I need help with making sure I have my business taxes in order. I started a business with two others in 2018 as an LLC in California. We have made no money to report, only expenses. I need to know how to ensure I'm doing the right paperwork for the state and the feds. I know I won't have to pay the feds, but I'm not sure about the state. What is a franchise tax, and how do I file and pay it?

December 9th, 2023

I set up a site for my son's medical expenses and received donations and gifts from friends and family through the gofundme.com site. I received a 1099-K from the wepay company. I didn't think donations and gifts were taxable under $14k. How do I report this as gifts and not income?

February 9th, 2024

Is it worth dissolving a GST (Grantor-Retained Annuity Trust) after 10 years of corporate trustee management via the courts and facing potential tax consequences, or should I keep the GST and have an independent trustee, still requiring court approval, such as an accountant?

August 5th, 2024

When selling a California property that was inherited and passed through various entities before being moved into a trust, at which point do I determine the property's value for tax purposes, and who gets the depreciation benefits?

July 26th, 2023