Does New Jersey offer first-time abatement of late filing penalties for a late-filed New Jersey Sales Tax return, given that the client was misinformed by her previous tax preparer and did not have the funds to pay the sales tax at the time of filing?

July 8th, 2024

For my 2015 tax return, I have several issues: 1) I can't find my W-2 forms, but I entered the data into TurboTax in April. Do I still need the forms? One employer may be defunct. 2) My extension request was rejected by TurboTax in April because I didn't have my IRS PIN, and I owed a refund. Will there be a penalty? 3) I have college loan repayments with the amounts, but not the 1098 form. Do I need the form?

January 25th, 2023

In the state of California, is an in-home companion eligible for a 1099 if paid directly by my mother, who is an individual and not a business, for services such as light meal prep, help with bathing, and light cleaning?

June 21st, 2023

We currently own a home and plan to move to a second home, renting out the first one. If we refinance the current home for cash-out before moving, will the mortgage interest be deductible against the rental income for the first home? Does it matter if we do a cash-out refinance before moving out or not?

February 8th, 2024

As an individual, I receive salary from a company. My wife and I have formed a corporation and provide services to that same company. Does incorporating allow me to avoid paying self-employment tax paid to the husband/wife corporation?

April 17th, 2024