asked
My distant relative has a sole proprietorship business in California. She wants to change the business entity to an LLC, make both of us members, and then retire in 6-10 months, removing herself as a member so I can take over. Is this legal, and what are the best ways to avoid tax implications during this transition?
June 28th, 2023
I need a replacement Social Security card. I applied for it in person many years ago and do not have an online account. I am having trouble setting up an account online and need guidance on how to proceed.
January 10th, 2023
My siblings and I are renovating the house left to us by our deceased mother, which we plan to use as a vacation rental (like Airbnb). However, family members will stay there for free part of the year. Would any of the renovation expenses be tax-deductible?
June 20th, 2023
In Florida, where they have a homestead tax rate, if I die, how can I ensure that my daughter inherits the home and continues to receive the same tax rate discount that I currently have?
November 9th, 2023
I have a state order stating that the other party has custody of my child, but I claimed one of my children as a dependent on my 2022 taxes. Am I in trouble for that?
August 29th, 2024
I need my W-2 forms for tax years 2017, 2018, 2019, 2020, and 2021, but my former employer has retired and I can't access them through my ADP app. How can I retrieve these documents, and what should I do if my taxes were filed incorrectly for those years?
January 17th, 2024