I have a client who inherited a home, rented it out for 6 months, and spent the other 6 months remodeling it to sell. Should the remodeling expenses incurred during the unrented period be added to the cost basis once the home sells?

October 29th, 2023

I have a sole member LLC that didn't operate due to a potential employee issue, had no employees, and filed a D5 indicating no income because the company never got off the ground. Now, I realize there is probably less than $5k over the 2 years it existed, and I didn't file any returns. A lawyer says my D5 was legally true at the time, but what should I do with the $5k?

May 31st, 2024

I need help setting up a payment plan to pay back my taxes and getting my Adjusted Gross Income (AGI). I filed my taxes last year online and have access to my IRS account. What steps should I take to start a payment plan for what I owe?

April 2nd, 2023

I received a letter stating I was behind on payments for certain tax years (2015-2020), but I've always had a refund except for one year where I paid in full. I'm confused and understand I am paying taxes in 2023 through installments. What should I do about this notice?

June 7th, 2023

I did not receive my 1099 form for income tax filing. How do I get this information and what should I do?

January 25th, 2024