My 4 brothers and myself recently sold our parents' home in Florida and we each received a check for $20,000.00 from the sale. Do we pay taxes on the $20,000 and if so, what percentage are we expected to pay?

October 10th, 2023

If you receive money from a deceased relative that they had you as a beneficiary on a savings account, is it taxable?

May 28th, 2023

I have been with my girlfriend for 9 years. Can I file taxes as joint married? If I did what would happen? If not, can I claim her as a dependent because she is a full-time student? And what about her brother that also lives with us that is also a full-time student? What is the best filing status for me?

September 30th, 2023

I opened an auto repair garage in August 2010, spending approximately $20,000 on equipment, tools, licenses, incorporation, and normal operating costs, but could not conduct official business until after the new year due to a power issue. The business is an LLC partnership. Do we need to file taxes for 2010, and is there a way to write off these expenses to reinvest in the business?

August 3rd, 2023

I am unemployed but receive child support for 3 children. Can I file for income taxes?

November 30th, 2024