Employee Tax Expert
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I am a CPA with a Masters degree in Taxation with over 25 years experience.
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Typically equipment, vehicles, side by sides, implements and tools (ASSSETS) are more items that have a useful life of over a year and are traditionally more ex...
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A single member LLC is treated as a disregarded entity, a sole proprietorship for tax purposes. With that being said, you can write off the business related use...
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@CghLzh- Can you share a little more information about what was sold and if you received a tax form such as a 1099-B or 1099-CONS form related to the sale?? Are...
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@ljb322 - In addition, depending on your tax bracket which may exceed the flat 22% withholding the IRS allows, many companies will allow you to treat the bonus ...
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@ljb322 - Great question. In some cases, married couples can result in lower student loan payments if the student loans are repaid under the "income-driven repa...
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- Got Cheered for Re: Tax Return reporting a Box F entry on Schedule D.. June 25, 2025 4:16 PM
- Got Cheered for Re: Annual Bonus. June 25, 2025 4:16 PM
- Posted Re: If a piece of equipment, vehicle, side by side, or implement is being used for my llc, can I write off it's purchase or payments? on Get your taxes done using TurboTax. June 25, 2025 4:09 PM
- Tagged Re: If a piece of equipment, vehicle, side by side, or implement is being used for my llc, can I write off it's purchase or payments? on Get your taxes done using TurboTax. June 25, 2025 4:09 PM
- Posted Re: I have a single member LLC for my side hustle. I personally own the truck and equipment. Can my LLC pay lease/rent payments to me personally for renting the equipment used for those jobs? If so, is there a specific amount i can charge? on Get your taxes done using TurboTax. June 25, 2025 4:02 PM
- Tagged Re: I have a single member LLC for my side hustle. I personally own the truck and equipment. Can my LLC pay lease/rent payments to me personally for renting the equipment used for those jobs? If so, is there a specific amount i can charge? on Get your taxes done using TurboTax. June 25, 2025 4:02 PM
- Posted Re: Tax Return reporting a Box F entry on Schedule D. on Get your taxes done using TurboTax. June 25, 2025 2:14 PM
- Tagged Re: Tax Return reporting a Box F entry on Schedule D. on Get your taxes done using TurboTax. June 25, 2025 2:14 PM
- Posted Re: Annual Bonus on Get your taxes done using TurboTax. June 25, 2025 2:02 PM
- Tagged Re: Annual Bonus on Get your taxes done using TurboTax. June 25, 2025 2:02 PM
- Posted Re: Filing married but separate to lower student loan payment on Get your taxes done using TurboTax. June 25, 2025 1:34 PM
- Tagged Re: Filing married but separate to lower student loan payment on Get your taxes done using TurboTax. June 25, 2025 1:34 PM
- Got Cheered for Re: W-4 Triggers " you don't earn enough money to pay your taxes" from Square Payroll. May 28, 2025 2:47 PM
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- Posted Re: W-4 Triggers " you don't earn enough money to pay your taxes" from Square Payroll on Get your taxes done using TurboTax. May 28, 2025 1:24 PM
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