asked
Is there a way to write off closing inventory when a business is closed out?
March 3rd, 2023
Where can I get online help to file a 2013 VA taxation amendment due to an IRS mistake in the amount of money made for that year?
March 27th, 2024
A taxpayer lived in MA but took a job in AL, where he was contractually obligated to live. His spouse remained in MA, working there. They need to file two state returns. Will the husband file an AL return claiming status of MFS while his wife files in MA claiming status MFS as well?
February 21st, 2024
What is the best tax strategy for mutual funds capital gain and loss, and is there a workaround to avoid being taxed too much or to deduct investment-related expenses?
February 27th, 2024
What is the correct amortization code for capitalized loan/financing costs on Form 4562, and what is the appropriate description for these costs?
May 19th, 2023
My daughter, a college student, took tuition credits for tuition paid in 2015 in 2016. Two weeks later, she was dropped from two classes and could only pay the tuition in 2018. Her 1098T states she received a $1747 refund in 2017. How should I handle this on my 2017 tax return, and do I need to amend my 2016 return?
May 3rd, 2023