About NateTheGrEAt

Employee Tax Expert

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I love helping people understand their taxes better! I've been an Enrolled Agent since 2014.

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Re: I am self-employed, part of my work involves business travel, I ...

Thanks for your question today! If your 1099 reflects only the payments received for services, then you would not report the reimbursement as income and would ...

NateTheGrEAt

Updated Nov 13, 2024
Re: Single-owner Delaware LLC questions

Since you stated that the entity will be taxed as a C Corporation, then yes, if you are providing services to the corporation you must be paid reasonable compen...

NateTheGrEAt

Updated Nov 13, 2024
Re: Reporting Gains of Sale of a Home under Virginia's Transfer on D...

Jeff, It's possible that no tax would be owed. Please take a look at the "inheritance" section of this article. It explains that if the asset was received by i...

NateTheGrEAt

Updated Oct 30, 2024
Re: Tax return to include sale of second home

Itemized deductions on Schedule A include things such as medical expenses, mortgage interest, property taxes and charitable contributions. Deductions against t...

NateTheGrEAt

Updated Oct 30, 2024
Re: Moving

As it sounds like all of these expenses were incurred after the property stopped being rented out and in order to make it livable as your personal residence, th...

NateTheGrEAt

Updated Oct 30, 2024

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Date Registered	‎May 9, 2019 1:59 PM
Date Last Visited	‎November 13, 2024 4:18 PM
Total Messages Posted	198
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