Me and my partner are thinking about adding solar and receiving the 30% tax credit/deduction. Can you explain how that works and if it’s beneficial for me or my partner? I claim head of household, my mom, and the mortgage interest. My partner is single and claims nothing.
January 1st, 2024
I never received my 4th stimulus check. How can I apply?
November 1st, 2023
I received a letter asking me to verify my W2 and I faxed it in. How can I confirm that the IRS received it?
June 13th, 2023
I am considering forming an LLC for my executive recruiting business in California. I work within a larger recruiting company where others have LLCs, and I earn payment based on commission. I am unsure if I should form an LLC or remain a sole proprietor. Additionally, I pay into the company for specialized recruiting software and other expenses. Can I deduct these expenses on my taxes, and is there a limit to these deductions?
October 18th, 2024
I live in Israel and received a notice from the IRS to pay an additional $15.48 due to interest on my 2021 report by October 31, 2022. I received the notice on October 24th, 2022, and am unable to make the payment by credit card online because I have already made two payments for the 2021 report by credit card. I will have to mail a money order, but last time I sent a letter to the IRS by express registered mail it took one month to get there. Is it possible to have an extension for payment and to send $20 to cover any additional future interest, so as to avoid repeating the whole process again?
November 28th, 2024
Why is my current tax refund amount different from my 2021 1040 tax refund amount, and what steps should I take to understand the discrepancy?
January 15th, 2023