asked
What are the income tax benefits of donating land to a town? If I donate land valued at $100,000, can I get a full tax benefit from it, or would I get only a certain percentage? Can I use this deduction to pay off my Federal income taxes for the next 5 years if I owe $20,000 yearly?
May 3rd, 2023
What document do I need to prove the Capital Gains Tax (CGT) base for a property that is quite old and hard to find any papers for? I need to calculate the base and have no idea how to do it in a foreign country.
November 18th, 2024
How should I deprecate bakery equipment, and what form should I use for reporting?
October 24th, 2023
Why didn't my grandson, who is on SSI disability, receive his stimulus payment on his card?
July 2nd, 2024
We have money in a mutual fund at Vanguard that we want to give to our adult children. How do we figure out what taxes we might owe?
May 6th, 2024
I am a single owner of a restaurant that is an LLC in Texas. The income is reported on a Schedule C on my personal tax filing. Is it necessary for the LLC to file a tax return, and do distributions from the LLC need to be reported?
March 5th, 2024