As an independent contractor for a bank, would it make sense for me to have my commissions sent to my LLC (in which I have 25% shares of profits) or to a new INC where I can use an expense account to reduce my effective taxes legally?

March 20th, 2024

Will you please move my payments due on the 27th to August 1? There are four of them, and I can't afford them.

October 9th, 2024

I need a transcript or verification of receipt of our 2021 tax return for a mortgage loan. The online system indicates that we haven't submitted anything. They are asking us to go to the local IRS office to get it stamped as received. If it doesn't show online, will the IRS office be able to see it, and can I get an appointment quickly?

February 21st, 2024

If I sell a piece of rental property for $250k and buy another investment home for $160k, do I still owe capital gains taxes, and how does the Section 1031 deferment affect this?

September 20th, 2023

Client mistakenly put a building in their personal name instead of the corporation's name on their tax return. Additionally, the loan for the building was not included in the liabilities, which affects the balance sheet. How can this be fixed, and is it possible to correct this by submitting a new tax return and super sending it?

May 22nd, 2024