I'm 19 years old and I need help on how to pay my taxes. I own a small gardening company as a sole proprietorship with 3 part-time employees, including myself. How do I start paying my taxes and improve my tax situation?

May 7th, 2024

I am working on a software project with a business partner and we do not have any agreement in place yet. How should we go about establishing a business identity and confirming the terms of the arrangement? I was quoted $900 from a tax attorney, but am not sure if I need that much for the work I need.

October 17th, 2023

I worked as a bartender, host, and helped with bookkeeping, earning a gross wage of $13,000. My expenses like commute travel and office supplies reduce my gross income, which in turn affects my Earned Income Credit (EIC). Do I have to take these deductions?

June 24th, 2024

I'm considering shifting some of my stock markets index funds in a taxable investment account to a safer haven like money market or total bond index fund. How do I decide which tax basis method is the best way to go since I have some significant capital gains?

December 21st, 2024

Can a Wyoming-based LLC/C-Corp., called Creative Housing Solutions, Inc., be used to hold and sell a condominium in New Jersey for a period of 3-4 months in a flip situation, or do we need to set up a New Jersey-based LLC for this one transaction?

December 15th, 2024