asked
I own a 62.5% share in an LLC with a business partner who owns the remaining 37.5%. How do we handle business and personal taxes on our respective shares of the company's profits?
May 19th, 2023
I use TaxAct to prepare my taxes and have a child care FSA for $5000, which is reported in box 10 of my W-2. However, it always gets added back to my wages, even though I have $15000 worth of qualifying expenses. Is this a mistake in TaxAct, and how can I correct it?
January 4th, 2023
As an LLC registered in ND and selling clothes online to all U.S. states, what taxes am I required to pay on a state and federal level, including sales tax, income tax, and self-employment tax?
November 11th, 2023
Can I get a tax receipt for donating a used laptop computer?
December 11th, 2024
I've been battling with depression and bipolar disorder for most of my adult life. I'm a 56-year-old Navy veteran and a nurse. I'm currently being treated with medication and seeing a psychiatrist, but I'm not mentally able to do much more. What should I do to understand my options for support and benefits?
August 1st, 2024
My son, who owns a commercial trucking company in Celina, TX, paid his 2019 Heavy Highway Vehicle Use Tax (Form 2290) through a third-party service. He received a letter from the IRS stating the tax was not paid. He has tried contacting the IRS multiple times but has been on hold for hours. He has a receipt from the third-party service, but they advised him to contact the IRS. What should he do to resolve this issue?
January 24th, 2023