Finance

Have finance questions? Ask a financial expert online.

Connect one-on-one with {0} who will answer your question

Related Finance Questions
My husband recently opened his business. I am employed by
hello, my husband recently opened his business. I am employed by him. we are unsure if it is ok that i get paid enough to cover our personal house bills or do we have to lower my pay and have him take… read more
Rama-CPA
Rama-CPA
President
Bachelor's Degree
1,909 satisfied customers
My husbands small California business hasn't been able to
My husbands small California business hasn't been able to pay his debt, he recently settled 2 credit card debts and there are a few more to be taken care of. The write off will be considered income to… read more
JeffS6413
JeffS6413
Principal/Advisor
Master's Degree
2,539 satisfied customers
I own a grooming and boarding facility on my personal
I own a grooming and boarding facility on my personal property where I also live. The facility takes up 75% of my property with many buildings. Right now I claim as a sole proprietor and I am getting … read more
JeffS6413
JeffS6413
Principal/Advisor
Master's Degree
2,539 satisfied customers
I have a tax client that owns a Used Car Dealership. He
Hey Lane,I have a tax client that owns a Used Car Dealership. He drives around the inventory and in the past has written off the mileage. Can he do that? I would assume that just reduces the value of … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
26,054 satisfied customers
In 2016 me and my husband had $1000 worth of income on a
In 2016 me and my husband had $1000 worth of income on a farm no W-2s were filed since we did not work that you're my husband is disabled and receives Workmen's Compensation … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
26,054 satisfied customers
I am a 50% owner of a small American LLC that is taxed as a
Hello! I am a 50% owner of a small American LLC that is taxed as a C-Corp. The other 50% owner is Canadian. We were formed in Delaware, and are currently headquartered in Texas.Over the course of this… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
26,054 satisfied customers
My husband and I were the sole stockholders (50% each) of
My husband and I were the sole stockholders (50% each) of our C Corporation. He passed away the first month into our corporate tax year. I am the sole beneficiary of his will. His will went to probate… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
8,882 satisfied customers
I've been running my business with a DBA for several years.
I've been running my business with a DBA for several years. I just received my LLC paperwork back, but I'm wondering if it wouldn't be a better idea to wait until January 1, 2017 to begin operating un… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
26,054 satisfied customers
I have an S-corporation and I have heard of a HRA or Health
i have an S-corporation and I have heard of a HRA or Health Reimbursement Arrangement. I pay my husband as an employee as part of my s-corp. Can we pay my husband a wage and run HRA reimbursements thr… read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,614 satisfied customers
I am reviewing a new client payroll account. The company was
I am reviewing a new client payroll account. The company was setup as a corporation in 2014 but the owner never compensated himself thru payroll. He just took bank withdrawals to pay his personal expe… read more
PDtax
PDtax
Owner
Master's Degree
6,554 satisfied customers
Question.- Im a tax preparer have a client that does
question.- Im a tax preparer have a client that does cleaning on houses and during the entire year she deposit $45817.00 but of course she only had like $3500.00 in expenses but did not pay herself a … read more
Robin D.
Robin D.
Vocational, Technical or Trade School
24,085 satisfied customers
My husband started an LLC as a Sole Proprietor and it
My husband started an LLC as a Sole Proprietor and it bloomed into a business, complete with employees! Our former accountant advised us to convert to an S-Corp, since my husband was pulling a regular… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
26,054 satisfied customers
This is in Ontario, Canada. A sole proprietor has a business
This is in Ontario, Canada. A sole proprietor has a business for several years then decides to make it inactive in Nov. 2012. He then incorporates a company in Jan 2013 and the new company does the sa… read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,614 satisfied customers
I recently sold an insurance agency. The buyer is paying me
I recently sold an insurance agency. The buyer is paying me installments monthly. Is this considered ordinary income or could it be capital gain.… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
3,228 satisfied customers
Earlier this year, my husband started a business and started
Earlier this year, my husband started a business and started it as a sole-proprietor. We have been making quarterly tax payments, including those for self-employment tax. But by Spring, he began payro… read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,614 satisfied customers
Im looking for the most tax advantaged way to self-insure
I'm looking for the most "tax advantaged" way to self-insure my husband and myself. We do not have access to a group health care plan. He is self employed/sole proprietor and I own an S-corporation th… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
my husband has been running a sole proprietor business for ...
my husband has been running a sole proprietor business for years, filing taxes with schedule C and SE and now we have moved to florida and he has to become a corporation, Inc, or LLC....which is best … read more
Wayne Brasch
Wayne Brasch
Accountant and Business Consultant
Master Degree
718 satisfied customers
My husband and I are getting a divorce; we live in Phoenix ...
My husband and I are getting a divorce; we live in Phoenix AZ. My husband wants to keep the house but refinance to give me my share of the equity. We owe $198,000 and want to refinance for $400,000 (t… read more
Jon Andrews
Jon Andrews
CPA
3,038 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,614 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

2,305 satisfied customers

More than 5000 online tutoring sessions.

Megan C

Megan C

Certified Public Accountant (CPA)

2,225 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Dave CPA

Dave CPA

Accountant

231 satisfied customers

I'm a CPA with over 10 years of experience

ConceptsCoach

ConceptsCoach

Certified Public Accountant (CPA)

171 satisfied customers

Chartered Accountant and MBA

sgriffin26

sgriffin26

Loan Officer

93 satisfied customers

Licensed RE Agent, Loan Officer, and NMLO. I have been in residential lending for over 10 years.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x