Is a cash payment to Online Trading Academy in the first year considered part of my startup costs or an ordinary expense for professional training, especially if I started the business in 2015 and only engaged in the training and opening a trading account that year?

May 12th, 2024

How do I add my wife to my corporate bank account without making her an officer of the company in Kansas, where only healthcare professionals can be part of a PA corporation? My wife is a licensed massage therapist.

January 5th, 2024

Me and my business partner, who are both US citizens and not married, own a property in NYC. We plan to sell it, and the capital gain is about 1.6MM dollars. How much is the tax break, and what is the applicable capital gains tax rate for individuals?

October 10th, 2023

I have used TurboTax from 1996 to 2015. How do I access my tax returns in archive?

May 18th, 2024

I am a Vermont resident doing temporary online teaching for a school in Florida, which requires me to fill out a NY State IT-2104 form for NY State taxes. The form asks for a 'permanent address,' but I am unsure whether to use my VT address or a temporary NY address since I will be physically present in NY for part of the teaching period. The school insists on using the address where I will be physically present, which could change multiple times during the 2-month teaching period. How should I fill out the 'permanent address' box on the NY State IT-2104 form, and how do I handle the requirement to update the address each time I change locations during the teaching period?

April 20th, 2023