If I sell my house to buy another house and I make a profit on the sale, do I have to pay taxes on the profit?

July 5th, 2023

How would a self-employed person know if they would be eligible to receive qualified sick leave wages under the EPSLA (Emergency Paid Sick Leave Act) if they have been an employee of an employer and have no employer? What figures are used to calculate the credit?

October 19th, 2023

I have a question about the 2020 stimulus checks. How old are you? Do you have any minor dependents? What is your typical filing status? Do you know roughly what you made this year?

October 31st, 2024

I'm a 73-year-old Canadian who received a request to fill out a W-8BEN form from my TD bank in the United States. They are asking for a Foreign Tax Identification Number, but I have no income in the USA. Where can I find this number, and what should I do if I don't have it?

June 29th, 2024

I am starting a 1099 position as a Psychiatric Mental Health Nurse Practitioner at a private practice. I will only receive 60% of the billed amount from patients/insurance. Can this be considered a loss/deduction for me on my taxes, and if a patient does not pay their bill after I have provided services, can this be written off as a loss?

November 5th, 2024