I'm filling out 1099 forms for a couple of employees who worked for my boss. The forms are straightforward, but do I need to send one copy to the State of California?

December 11th, 2024

I draw Social Security and a small pension. Do I need to file a tax return this year? I am a widow who draws $16,008 per year in Social Security benefits and $14,293 in pension from my place of employment.

December 19th, 2023

If a property is owned by two unmarried individuals in a 50/50 ownership, how should the 1099 be filed for the rental income? Should both names be on the form, but only one SSN be provided?

June 16th, 2024

If someone were to refinance the loan on a rental property, are the loan fee, city tax, refinance fees, loan origination fee, and closing costs deductible? If so, would they be depreciated over time?

April 25th, 2023

An unmarried couple with children living together wants to know who should be the head of household to result in the least taxes. Both incomes qualify for child tax credits. Should the person with the higher income or the lower income person choose to be head of household to maximize child tax credits? One income is around $40k, the other around $30k, and there are 2 young children at home.

December 12th, 2023