asked
I owe money to the state and sent it out, but they never received it. I need to send it again, but I don't know the address to send it to. What is the address to send owed money to the state?
October 4th, 2023
If my parents transfer assets to me, personally, under 2 million dollars, do I owe taxes on these assets?
June 12th, 2024
Does the IRS maintain the tax returns of taxpayers, and what information is included on a tax return?
January 18th, 2024
If a taxpayer donates appreciated real property to a 50% charity and the property is subject to a mortgage, is the mortgage always considered a bargain sale subject to capital gain tax (after allocation of basis)?
August 28th, 2023
How much can I deduct as depreciation and Section 179 in 2006 for a car/SUV? We were considering two SUVs, perhaps an Escalade and a Lexus. I have two S corporations.
February 14th, 2024
My great-grandparents have passed away and left a trust with a house worth approximately $900K to my grandfather and his brother. They plan to sell the house and split the profits 50-50. I want to buy the home from them, paying $450K to my grandfather's brother and having my grandfather hold a note for the remaining $450K until I sell the house. Will this arrangement change their tax effects compared to selling to a third party?
April 13th, 2024