I have a situation where certain amended returns need to be filed. The case involves removing Schedule C and replacing it with Schedule E on personal filing. The depreciation and carryover losses flow from TY 2013 through TY 2016. How do I justify filing a paper amended return for TY 2013 and TY 2014, as three years have lapsed since the original filing? In both cases, there is a marginal tax due upon amendment.

March 25th, 2024

I have a small non-profit corporation and received a donation earmarked for my personal education expenses related to the non-profit. How should I handle these expenses, considering I am the founder and have never taken a salary? Can I pay myself as an independent contractor to avoid payroll complications and use the funds for education?

January 6th, 2024

How can I establish my Sedona property as an extension and/or expression of my HCI church, wherein my renter is spiritually connected and could agree to turn the property to this purpose? Specifically, how can I change its designation as owned by an irrevocable small private trust and avoid local property taxes? Also, what would be an appropriate purpose/mission statement for my church?

June 11th, 2024

If the Social Security Administration (SSA) takes my tax refund for an overpayment and I did not authorize my tax preparer to send my tax return to the IRS, does the tax preparer have to pay me the refund amount?

June 28th, 2024

I need a copy of my 2016 tax return. I am married and have tried to contact a tax professional but have not received a response. Can you help me?

October 7th, 2024