asked
Is there a tax on my lottery winnings of $834.00? I received a W-2G Form. My name is *. I am 88 years old, located in Cincinnati, OH, with no dependents, and my typical filing status is Social Security, with about $13,000 in income this year.
January 8th, 2023
I'm starting a business selling 3D printed items and want to incorporate taxes into my budget planning. If something costs me $50 to make and I want $100 in profit, how do I calculate how much more I need to add to cover my taxes? I'm considering an LLC.
December 18th, 2023
I’m trying to see what’s going on with my taxes. It’s been over 21 days since I filed. I am located in Michigan, have 2 dependents, and my typical filing status is single. I don’t know my income for the year, but I know how much I’m getting back. What steps can I take to check the status of my refund?
July 25th, 2024
My mom is filing her taxes as head of household and claiming my sister as her dependent. My sister is also my mom's caregiver. I want to pay my daughter for being my caregiver so she can earn social security tax credits. What are the tax implications of this arrangement?
July 8th, 2023
In Quickbooks, I made an error in recording a pay advance. I should have recorded $203.05, but I only recorded $200. I need to correct this by crediting back the driver for the $3.05 difference and debiting the bank account for the same amount. How do I make this journal entry to correct the accounts?
March 16th, 2024
I am receiving a lump sum severance payment from my employer. They’ve offered these options for taxes: semi-monthly rate, monthly rate, quarterly rate, 6 monthly rate, or a rate that you specify. What should I do?
February 4th, 2024