About lockerman

Employee Tax Expert

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37 years as a tax practitioner. CPA (Licensed in 3 states) and EA. Specialization is tax resolution

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Re: Business Deductions while Traveling

How is this business reported? If schedule C separate out the individual travel expense from the business portion like your airfare (not family), food, (Not fam...

lockerman

Updated May 22, 2024
Re: Real estate

That would depend on how may years back those losses go. As a real estate professional you can deduct losses against other income. I assume your past losses are...

lockerman

Updated May 22, 2024
Re: Tax withholding and Estimated Tax payment

Of course, as long as you can determine with some accuracy what your tax bill will be. IRS does not care which form of payment just as long as it gets paid.

lockerman

Updated May 22, 2024
Solved Re: New single-member LLC mid year 2024. question re expenses and i...

That would be correct

lockerman

Updated May 22, 2024
Re: Buying a House & Writing it off as an office

If the entire house is used for business regularly and exclusively for business yes. Some businesses have purchased old houses and renovated them for business u...

lockerman

Updated May 22, 2024

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Date Registered	‎May 17, 2024 8:45 AM
Date Last Visited	2 weeks ago
Total Messages Posted	8
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