Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

Related Finance Questions
I have been the sole owner and sole employee of an S
I have been the sole owner and sole employee of an S corporation since forming it in 1998. I bought a commercial property in the S corp name in 2000 and used it for my business. I lost my advertising … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,711 satisfied customers
For 5 years the IRS failed to tell me that my business
For 5 years the IRS failed to tell me that my business required a 1065 form, and never notified me of being fined. They just notified me, I sent them the 1065's, and now they fined me $25,000 for 5 ye… read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,976 satisfied customers
I have about 5 or 6 questions that I'd like to speak with a
I have about 5 or 6 questions that I'd like to speak with a CPA about in california for my small business I recently started. … read more
ABC Accounting Group
ABC Accounting Group
Bachelor's Degree
859 satisfied customers
I am the owner of small business that is an S corp LLC along
I am the owner of small business that is an S corp LLC along with my husband who is a partner in the business. do I have to file a 1099 misc for the monthly payments we've made to ourselves from the b… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Second opinion] I have a business corporation. If I want to
Second opinion] I have a business corporation. If I want to take out some money from the profit and write myself a check to deposit into my personal account, will I have to include that as schedule C … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I formed an S-Corp 12/23 of 2016 and haven't filed an 1120,
I formed an S-Corp 12/23 of 2016 and haven't filed an 1120, thinking it was ok because I didn't have any revenue in 2016. Help. … read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,976 satisfied customers
I switched to a S-Corp recently from a Sole Proprietor as of
I switched to a S-Corp recently from a Sole Proprietor as of Jan 1, 2017. I am paying myself a wage and yesterday paid myself for Jan/Feb/March. Quickbooks is forcing me to declare this as a 2nd Q pay… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Topic: Tax Strategy for Individual switching from Sole
Topic: Tax Strategy for Individual switching from Sole Proprietorship to 1 man S-Corp1. When I was a sole P, I was paying for my own Health Insurance, Long Term Disability, and SEP-IRA. Should I now h… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I need to speak with an accountant who is able to answer
I need to speak with an accountant who is able to answer questions about S-corps. … read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor's Degree
1 satisfied customers
I really screwed up. I have several S-corporations since the
I really screwed up. I have several S-corporations since the last 4 years. The thing is that I filed over the course of these years my income tax with revenue from these s corps as a self employed, an… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I formed an LLC back in April 2014 but didn't start 'using'
I formed an LLC back in April 2014 but didn't start 'using' it until fall of 2015. I used this entity to buy and sell residential real estate. My accountant brought it to my attention that, because th… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,328 satisfied customers
I own an S-Corp. Two years ago the company earned quite a
Hello. I own an S-Corp. Two years ago the company earned quite a bit of money. I received a K-1 at the end of the year for a lot of money that I paid tax on. But I never withdrew the money. I left it … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am looking regarding a 1120s penalty payment that I need
I am looking for information regarding a 1120s penalty payment that I need to make. Is this a personal tax payment or a business tax payment when I pay online? … read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor's Degree
1 satisfied customers
I have a question about tax returns s-corp. started business
Hello, I have a question about tax returns for my s-corp. started business in july 2015. operating expenses were around 38K (which i paid out of pocket from personal account). around mid november, i s… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I have a s corporation. in 2003 year there was a fraud in a
I have a s corporation. in 2003 year there was a fraud in a company. Somehow afterwords, I could not pay attention to my day to day business. Now after hiring another accountant, I found that I have t… read more
PDtax
PDtax
Owner
Master's Degree
1 satisfied customers
Hi, I have a full-time salaried job. I also have a side
Hi, I have a full-time salaried job. I also have a side job as a civil engineering consultant (S-Corp). I have not had any income this year from the side job (have not paid myself anything either) but… read more
JKCPA
JKCPA
CPA
Bachelor's Degree
844 satisfied customers
i am a owner of a business llc and the only owner and have
i am a owner of a business llc and the only owner and have been in business for almost 3 years and can not seem to get a loan for house or even business my credit is good but wondering what are some t… read more
Robert Thomas
Robert Thomas
Senior Bank Officer
Bachelor's Degree
42 satisfied customers
An accountant set up Coporation S for me in 2006, & didnt
An accountant set up Coporation S for me in 2006, & didn't tell me about form 2553. I filed my taxes and got a letter from IRS to submit form 2553 & a reason for being late. However, my form got rejec… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 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

2,609 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

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

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< 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