asked
When I filed my taxes with TurboTax in February, my refund was $5,155. However, I received a CP12 notice in March 2022 indicating several errors and a change in my tax return. I have tried calling the IRS but could not reach anyone. Additionally, I was charged $50 for speaking with a tax professional, which I was not informed about. What should I do about the notice and the unexpected charge?
August 12th, 2023
What is the tax effect of admitting a new partner who contributes cash into an LLC with no revaluation of assets (only real estate property asset on the books) prior to admission?
February 9th, 2023
I have some questions about structuring my income. Can you help me understand how to best manage my income?
September 5th, 2023
As a merchant marine, I am provided with room and meals on the ship. Can I still claim a percentage of the M&IE rates at different ports?
June 24th, 2023
I sent a 1099 to a company with a tax ID number, and that company turns out to be a corporation doing business as that company name. Do I need to send an amended 1099 or 1096?
October 4th, 2024
Given that GE's beta is approximately 1.1, the risk-free return is 5%, and the market risk premium is 10%, what is the return on the market and what is GE's required rate of return?
November 5th, 2023