I have a few questions related to my wife's part-time work as a contractor cleaning vacation rentals. We file jointly. The company she works for did not send a 1099-NEC for 2021, claiming they are not required to send 1099s to contractors. Is that correct? Is the income from her work Qualified Business Income? Can my wife declare that her income is used to pay for our health insurance, even though I've been paying for it? We have separate policies under our names, and her policy is under her name. She has the more expensive policy (Obamacare).

June 22nd, 2023

Based in Texas and invoicing a client in Wyoming with a Headquarters in WA for Consulting Services. Do I include Sales Tax?

March 26th, 2023

I filed my 2021 tax return in February this year and have not received my refund yet. Why is this happening?

February 11th, 2024

I have a capital gains tax question. If we sell our house after living here for 23 months (one month short of the two-year exclusion), would there be any partial exclusion we could utilize or should we wait the extra month?

October 20th, 2024

I want to downsize my home and temporarily withdraw funds from my 401(k)/IRA accounts to use as a down payment on a new home. I am 70 years old and plan to replace the funds from the sale of my current home within the same tax year. Can I avoid paying withdrawal tax if I pay the funds back within the same year, and what are the penalties if I exceed the 60-day repayment period?

December 18th, 2023