David J. asked
If I legally gift my child with stock and they want to cash them immediately, do they have to pay the accumulated tax on the stock?
January 4th, 2023
Kelli J. answered
When you gift appreciated stock to your child, the cost basis of the stock becomes the recipient's c...
January 4th, 2023
Create an account to view answers and interact with the community!
Can I claim my mentally ill mother, who has no income and I provide 100% of her support, as a dependent on my taxes without her permission?
May 4th, 2024
How much can I gift a sibling without incurring gift tax?
January 23rd, 2024
I am filling out the 593-C form for selling my home and I am confused about what to select in Part II. Can you help me understand which exemption from withholding applies to me?
October 21st, 2023
I received a $100,000 personal injury settlement. $33,000 went for attorneys fees and $26,000 went for medical expenses. Can I deduct the medical expenses from my taxes?
April 1st, 2023
What are the duties, excise taxes, and other costs associated with importing goods from China to California? Is it cheaper to choose one port over another, or should I just use the nearest port since the costs are the same?
November 16th, 2024