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You would think after what everyone went through during Covid-19 that these financial matters wouldn’t be a problem. That people who work for these tax companies would provide the best service and integrity to tax payers. I have expenses plus a new b... read more
Crystal A ‎Posted 3 weeks ago | Latest post Wednesday by xmasbaby0
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Filed 2/16 or 2/17. Im sorry I dont want to get anyone in trouble just confused. Called Turbotax to ask if I should amend my return since im on 120 day hold and have received no notice of any kind from IRS despite visiting them in person 2tines. Im f... read more
coolkrystal ‎Posted Sunday | Latest post Sunday by coolkrystal
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I closed my business a few years ago and once a year I receive a payment from the corporation I sold it to for the sale of my clients for the next 10 years. I am not in business selling or nor do I have employees so my question is on the 1120 S tax f... read more
John5156 ‎Posted Wednesday | Latest post Wednesday by dsoile
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As a Sole Proprietor, can I deduct a monthly fee to a service that manages my retirement account?
KECSP ‎Posted Wednesday | Latest post Wednesday by PoojaT27
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The owner can't take distributions during that time, but what is the best procedure for when they are ready to take a paycheck again? If they didn't take any distributions, can they simply resume taking a paycheck?Also, if they did take distributions... read more
enjoyfinances ‎Posted Wednesday | Latest post Wednesday by jashley
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I am a freelance Graphic Designer. My client does not have a stock photo account but I do. So I have been purchasing stock photos on their behalf and adding those charges to their overall project invoice. Will this be considering business income even... read more
LMM7 ‎Posted Wednesday | Latest post Wednesday by FranklinF
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expenses?Can I expense vacation costs if I've conducted business?What is included in the cost of goods soldHow do I maximize the deductions for my side gig?Are there any tax benefits if I employ my family members?Can I deduct business use of my phone... read more
jameirra7 ‎Posted Wednesday | Latest post Wednesday by PoojaT27
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I'm a pastor, and will be going on a trip to Greece and Turkey. The trip focuses on historical sites and events. This will improve my preaching and teaching, and I will be leading classes afterward on about the trip and all the related places. I am n... read more
Xiws ‎Posted Wednesday | Latest post Wednesday by Cindy4
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Hello, I closed a business early 2024 and need to complete the tax for that business. can you send me the link to get Turbo Tax business 2024?thank youEtienne
Etienne2024 ‎Posted Wednesday | Latest post Wednesday by NateTheGrEAt
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My independent consulting sole proprietorship has grown into a full-time lucrative income stream. I am maximizing my deductions but still pay high income taxes. I am seeking advice as I reconfigure my business into an S-corp, LLC, etc. My business wo... read more
DrSean ‎Posted Wednesday | Latest post Wednesday by Michele Catlett
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