asked
If I subdivide my principal residence into a house and lot, and another empty lot, are both properties exempt from capital gains if I sell them to the same buyer or if one buyer buys the lot and another buys the house and lot?
December 15th, 2024
I made approximately $34,000. I have 2 dependents, 17 and 3 years old. I claimed zero the entire year. How much should I expect back?
April 25th, 2024
If I have a Roth IRA and the beneficiary is my Irrevocable Trust, upon my demise, does the Roth count as part of my estate or part of my trust?
October 31st, 2023
If I am making a weekly payment towards my NC Income Tax balance, can my income check still be garnished?
November 9th, 2024
I'm starting a small business from home and my bank advised me to set up as an LLC and get a tax ID number to keep everything separate from my personal finances. How do I get a tax ID, and what are the differences between running as an LLC versus a sole proprietorship?
June 29th, 2024
How should I handle money paid to me for tutoring a friend's children and giving swimming lessons to neighborhood children? I am not registered as a business, nor do I want to. Do I pay taxes on this income and if so, where do I declare it on the tax forms? The amounts are $2300 for tutoring and $1500 for swimming lessons for the year 2009.
August 7th, 2023