Are adjustments for items unpaid by the seller deductible for investment property? (There is no amount on lines 'adjustments for items paid by seller in advance' on escrow papers or sale statement.)

October 3rd, 2023

I am on social security disability and receive a monthly insurance payment from my last employer's health insurance. Do I have to file income tax on both of these payments?

December 3rd, 2024

How should a firm determine the bonus payable?

July 21st, 2024

Is income averaging allowed for small businesses, specifically for a farmer and an insurance agent?

September 30th, 2024

I didn't file taxes for five years. The first three years are 1099 forms and the last two years are W2 forms. I own a home in the last five years. Can I file and use the money I get back for the last two years (W2) to pay for the three years that I need to file a 1099? I don't have the cash!

February 20th, 2024