We are a general contractor, and often hire other companies as
subcontractors to complete portions of our projects. Are those expenses
considered COGS on our return? It is technically a direct labor and
materials cost to the project.
I am unable to import my Betterment 1099-B due to a large number of
sales (over 4,000). When manually entering the 1099-B details, I chose
"Enter sales section totals" because manually entering each individual
sale is impractical. For each sales sect...read more
I recently sent my tax return to the IRS, but realized I forgot some
income and deductions on my Schedule F. It has already been accepted by
the IRS. Is it okay to go ahead and amend the Schedule F and send it in?
Can this be done electronically thro...read more