I sold a home health agency that was under a C corporation in October 2022 for $160k. Should I report the income on the 1120 form or on the 1040? Should I pay any taxes on the corporate level, and if so, would it result in double taxation?

June 23rd, 2023

How can I change my state tax withholding in West Virginia if I am retired and not employed?

November 21st, 2024

I’ve gifted someone in Canada $215,000. Do they need to report it on their tax returns, and do I need to report it as the sender?

June 22nd, 2023

My accountant said I need a pin. Where are you currently located? How old are you? Do you have any dependents? What is your typical filing status? Do you know roughly what you made this year? Is there anything else the Accountant should know before I connect you?

April 12th, 2024

I'm about to finalize my 2022 tax filing and feel like the IRS still owes me $4,579.00 following my 1040R return. They identified the amount paid for extension time to file and additional tax paid after the return. What should I do to resolve this issue?

December 24th, 2024