What happens to the OID payments made on bonds sold before maturity, especially when the sale results in a loss, and is there a way to recoup the taxes paid on OID in such cases?

February 3rd, 2024

I live in Oregon and own an Airbnb in Washington state. I've been contacted by the Washington State Department of Revenue for excise tax. What is an excise tax, and do I need to be filing taxes in both states?

October 17th, 2024

My only income is from social security, and I don’t owe any money and am not getting a refund. Do I have to file taxes if I am married and filing separately?

February 5th, 2023

With IRS rules allowing 60% immediate depreciation from cost segregation in 2024, can I spread this deduction across multiple years instead, applying some in 2024 and deferring the rest? Or even depreciate only a portion and let it be?

July 9th, 2024

Could I get the phone number to schedule an appointment with the IRS in Chattanooga, TN for assistance with tax filing?

December 1st, 2023