Finance

Have finance questions? Ask a financial expert online.

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

Related Finance Questions
We are a husband-and-wife 50/50 shareholders in our S-Corp.
Hi, We are a husband-and-wife 50/50 shareholders in our S-Corp. We have a solo 401K which we have contributed the maximum for 2020 in salary deferrals ($56,000 as we are over 50 years old) plus employ… read more
NelsonProTax
NelsonProTax
Remote Tax Support Expert
Master's Degree
2,780 satisfied customers
My wife and i have decided to open a house flipping business
My wife and i have decided to open a house flipping business using a S-Corp for the mother company and each property we flip on its own individual llc so we can close them out at the point of sale. I … read more
RodneyT629
RodneyT629
CFO
MBA - Business
1,083 satisfied customers
I am in the process of opening an individual 401(k) for my
I am in the process of opening an individual 401(k) for my self employed stock and option trading business (sole prop, tax trader status). I am the owner and only employee. I will be trading and inves… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
42,097 satisfied customers
Can you answer a question regarding closing a Roth IRA and
Can you answer a question regarding closing a Roth IRA and opening a Solo 401(k) plan? I'm a sole prop business owner. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
42,097 satisfied customers
I have about 5 questions about my S-Corp (I hold all shares
I have about 5 questions about my S-Corp (I hold all shares and am the only employee) that relate to my Health Insurance, HSA, Solo 401K that I would like to ask a CPA. … read more
ABC Accounting Group
ABC Accounting Group
Bachelor's Degree
1,071 satisfied customers
If I have a solo proprietorship and I want to make the
If I have a solo proprietorship and I want to make the business more legitimate are there steps such as establishing a bank account or registering for an EIN that I need to do? What would be your advi… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,476 satisfied customers
Lane, I have a question about solo 401K. I own an LLC (with
Hi Lane,I have a question about solo 401K. I own an LLC (with S-corp election) and I have a solo 401k account to which I contribute 54k (2017) yearly. My wife is a partner and owns 49% of the LLC. She… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,476 satisfied customers
I would like to open a Self Employed 401K. I have 2 main
I would like to open a Self Employed 401K. I have 2 main sources of income - a medical practice with no pension plan and an about $13,OOO that I have earned from consultant practice outside the main m… read more
Charles Markham
Charles Markham
Principal
Masters Science Taxation
775 satisfied customers
I want more details on how I can maximize my deductions with
I want more details on how I can maximize my deductions with my sole proprietor business. I want to open a solo 401k for myself, and need more info on the calculations.… read more
Barbara
Barbara
Enrolled Agent, Paralegal
21,722 satisfied customers
I have a 401K and just turned 70 so I understand I need to
I have a 401K and just turned 70 so I understand I need to start taking mandatory distributions. I am still working and generating taxable income, can I continue to contribute to my 401K?… read more
Mark Anderson
Mark Anderson
Attorney
Doctoral Degree
1,069 satisfied customers
I am a majority owner of an LLC partnership that is growing.
I am a majority owner of an LLC partnership that is growing. I'd like to offer a 401K program for myself and the employees. I have a few questions related to this. What type of organization or advisor… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,476 satisfied customers
Hi LevI needed some advice on my Single Owner LLC and Self
Hi Lev I needed some advice on my Single Owner LLC and Self Employed 401k. -I am the 100% owner of the LLC. (No employees) -My wife does not have any source of income. -I have opened a self Directed 4… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,476 satisfied customers
I own an 2 member LLC in NY and I plan to open a new office
I own an 2 member LLC in NY and I plan to open a new office in NC that will either be a foreign LLC, a subsidiary llc or any other formation that will allow for us to benefit from the NY LLC history a… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,225 satisfied customers
I want to set up SOLO 401k. Im self employed LLC without employees.
I want to set up SOLO 401k. I'm self employed LLC without employees. Can you offer a guidance with steps necessary to accomplish this.… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
21,476 satisfied customers
Hello, I have my own (no spouse) private residence paid off,
Hello, I have my own (no spouse) private residence paid off, which is worth around $80,000. I was wondering how I can protected from creditors or potential lawsuits. Currently it is under my name and … read more
Isaac, Esq.
Isaac, Esq.
Attorney at Law
Doctoral Degree
765 satisfied customers
Solo 401k: My business is set up as sole proprietor.
Solo 401k: My business is set up as sole proprietor. I also have a solo 401(k) for myself, could my spouse, who is also an employee open up a solo 401k under my company? Or do I have to change my busi… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,225 satisfied customers
Im a small business owner. I have a single-member LLC business
I'm a small business owner. I have a single-member LLC business (meaning I just file my business stuff on my personal taxes like a sole proprietor would) and I have one full-time employee. We have a 4… read more
Bill
Bill
Master's Degree
3,255 satisfied customers
My wife was layed off and has a sum in her 401k. We would like
My wife was layed off and has a sum in her 401k. We would like to roll hers into mine and use it to pay off two loans that we took against my 401k. This would increase our monthly income by the paymen… read more
James Heal
James Heal
Bachelor's Degree
495 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