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Why if my AGI is 95,000, do I only save about $85 in taxes when I enter an interest expense on borrowed funds of $2,352 ?
I am using Book Keeper 2008. I need help setting it up to automatically withhold taxes. Can someone help? XXXXX@XXXXXX.XXX
In December 2002 my Mother gifted monies to my wife and me. At the time she was diagnosed with Alzheimer's Disease. We have held the money with the intention...
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A City is acquiring a parcel of land for $220,00.00 How can I not pay capital gain taxes?
If I sell my home and have not lived in it for 2 of the past 5 years, what are my tax consequences
We are a schedule C residential remodeling contractor. We started a speculation house in 02/10/2006 and sold it 02/15/2007 for a gain of $16,000. My...
What is the calculation to determine partner''s basis, to determine the limit for deducting an ordinary loss (Line 1) from K-1 Forms 1065 and 1120-S...
I travel extensively to and from work every day. Is there any way to deduct mileage, gas, or highway toll costs?
I received income in 2007 that was already taxed. I invested that income in a USAA Tax Exempt Long-Term Fund. I took money out of the fund in 2007....
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