I sold a house last year, but I just received a bill to pay taxes for it. I bought the house from the St. Louis City tax sale and sold it in February of last year. I paid taxes for last year, but I'm now getting a tax bill for this year. What should I do?

August 27th, 2023

Can a Multi-Member Limited Liability Company (MMLLC) deduct a vehicle registered in the name of an individual LLC member but used for the MMLLC's day-to-day business under Section 179? If so, how should the deduction be calculated, and are there any limits to the deduction amount?

January 24th, 2024

How should I handle estimated tax payments after converting a sole proprietorship to an LLC taxed as an S-Corp, and how do I ensure my W-2 withholdings are accurate and sufficient given my multiple income streams?

July 10th, 2023

I have not filed taxes as I am in rehabilitation. I am 84 years old with no dependents and made about $14,348 in 2021. I used AARP to do my taxes last year and am not taking itemized deductions, just straightforward ones. Do I need to file taxes this year, and is there any AARP volunteer who would do my taxes for a low cost?

November 17th, 2023

What can be included when calculating the adjusted basis for a property, such as a home, and what determines the capital gains tax rate?

June 26th, 2023