A professional builder worked on the construction of a school and a retreat building attached to a church as a volunteer. He was not paid but is looking for ways to deduct his work, including mileage, tools, and supplies. What can he deduct, and how should he document these deductions?

December 20th, 2023

I no longer want voluntary federal tax withholding. What is the process to stop this, and where can I get the necessary form?

August 29th, 2024

Should sales tax be charged on the total invoice amount for B2B commercial truck repairs and reconditioning in New Jersey, including materials, labor, and pickup/delivery charges, unless an exemption form is received? Are there any situations, aside from receiving an exemption form, where sales tax would not be charged on any portion of the invoice?

May 16th, 2024

I received a letter from the IRS stating I owe money for a stopped check, but I previously wired the payment and returned an overpayment check. How can I correct this mistake?

March 1st, 2023

I closed on my house on the 23rd and did not need to use an exchange account. The proceeds were 70K. My annual income is around 54k. I live in Show Low, AZ 85901. I am married with no dependents, and my wife does not work. We put all the money in our checking account temporarily and don't plan on buying another house any time soon. Do I need to do anything with the proceeds before the end of the year tax-wise?

July 31st, 2023