asked
I started a nonprofit business in 2019 with my ex-girlfriend, but it never took off. Now, I'm trying to start a new LLC for a home-based business and found out I need to resolve the first business. I never filed taxes or made any money with the nonprofit. Will the IRS make me pay something, or will I have a hard time closing or dissolving this first business?
April 3rd, 2024
I filed with TurboTax and made a mistake in the bank account number for direct tax withdrawal. I owe the IRS. What should I do?
April 12th, 2023
My employer did not withhold state income taxes, but did withhold a 'locality' tax, but not where I live. What can I do?
May 31st, 2023
I am a 1099 contract employee who purchases leads for my business. Where would I capture these costs in TurboTax, and how do I handle the tax implications of claiming my daughters as dependents who also earn income?
September 15th, 2023
How can I find my Adjusted Gross Income (AGI) from last year's taxes if I filed online and don't have access to my IRS account?
July 23rd, 2024
I own a California LLC. My accountant suggested buying a car for the business and writing off 80% of depreciation in the first year. Previously, he advised leasing a car instead. Can I lease a car under the business in 2023 and write off all lease payments for the entire lease period in 2023? Please advise.
December 25th, 2024