Finance

Have finance questions? Ask a financial expert online.

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

Related Finance Questions
I expect to make over 200K next year as a 1099 employee and
I expect to make over 200K next year as a 1099 employee and no w2 income, managing construction projects, and about 80K this year as a 1099 employee. At present I have a w2 job where I make 120 ish a … read more
Fred Rook
Fred Rook
Corporate Controller
BSBA
483 satisfied customers
I have a for profit company and we would like to know how we
I have a for profit company and we would like to know how we can accept donations, or tips to a tip jar for example. Should we call them gifts rather then donations as donations imply a 501c3 wich we … read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,657 satisfied customers
Im a dentist and have an LLC, but I want to be hired by
Im a dentist and have an LLC, but I want to be hired by another dentist. Im wondering if I am hired as a 1099, is that the same this as them hiring my LLC(me) … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,282 satisfied customers
For much of 2018, my sister put in a lot of volunteer hours
Hello. For much of 2018, my sister put in a lot of volunteer hours to design a brochure for a non-profit organization. Does she need some kind of "1099 for donated services" from the non-profit to ite… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,636 satisfied customers
I'm looking for advice on whether it makes sense for me to
Hello, I'm looking for advice on whether it makes sense for me to register as an LLC under the new tax laws- I get paid both as a W-2 worker and as a 1099 contractor, depending on the client, and i al… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,894 satisfied customers
Taxpayer owns an assisted living home. He would like to have
taxpayer owns an assisted living home. He would like to have parents of students who pay for their children's education to work in the assisted living. He would like the parents to work and he then wo… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,894 satisfied customers
I am in anesthesia school. i am recently divorced father. I
i am in anesthesia school. i am recently divorced father. I am trying to decide between 1099 and w2 job. ive been told that 1099 is alot better for child support. I have been told that i could form a … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,894 satisfied customers
I have a small business where I work doing freelance jobs in
I have a small business where I work doing freelance jobs in the entertainment industry. My income for decades has been paid via 1099 misc income. I have a new client that, due to California regulatio… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,408 satisfied customers
I issued convertible debt to a consultant. The company is a
I issued convertible debt to a consultant. The company is a startup, has negative equity and almost zero market value. Do I need to issue a 1099 for this non-cash transaction, and do I issue it for th… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,636 satisfied customers
I do bookkeeping for a client who legitimately hires his 15,
I do bookkeeping for a client who legitimately hires his 15, 17, and 19 year old children to work in his property management business. They are very proficient in their jobs and contribute significant… read more
ABC Accounting Group
ABC Accounting Group
Bachelor's Degree
954 satisfied customers
Can an ex-spouse deduct the health insurance he paid
Can an ex-spouse deduct the health insurance he paid for his ex-spouse with the spousal income deduction? Thank You, Fred… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,905 satisfied customers
Lane, I have a contractor who is taking over some clients
Hi Lane, I have a contractor who is taking over some clients from a person retiring. The contractor says his gross income will go up by approximately $300,000 from $125,000. An acquaintance told him h… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,636 satisfied customers
I was reading about the ein association charitable donations
I was reading about the ein association for receiving charitable donations for medical expenses. Is that the best way to set things up even if we are going through a crowd funding site like go fund me… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,224 satisfied customers
What is the best tax strategy to pay my children (ages 16,
What is the best tax strategy to pay my children (ages 16, 19, 21) for work performed from my S-corp...as independent contractors?… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,394 satisfied customers
I am 38 years old. I make about 24000/per yr. I am in sales
HI I am 38 years old. I make about 24000/per yr. I am in sales and my employer usually does what called a 1099 (independent contractor) But, with me I have asked him to just do the taxes for me like a… read more
USTaxAdvising
USTaxAdvising
Partner
Bachelor's Degree
1,099 satisfied customers
Client is closing their business. They will be selling off
Client is closing their business. They will be selling off their inventory, how is that handles on the income taxes? Does it go into the gross sales, what about items donated to charity? If they don't… read more
R. Klein, EA
R. Klein, EA
Accountant
Master's Degree
490 satisfied customers
Can non-cash donations be deducted from a simple trust tax
Can non-cash donations be deducted from a simple trust tax return, 1st year is initial and final trust return. And where is it deducted? Thank You, Fred… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,260 satisfied customers
I sold a product on my for-profit site on behalf of a non-profit
I sold a product on my for-profit site on behalf of a non-profit organization (unconventional practice I understand). I paid the profits from the sale of the item on to the non-profit(not a donation).… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,260 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

Megan C

Megan C

Certified Public Accountant (CPA)

2,224 satisfied customers

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

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,975 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

R. Klein, EA

R. Klein, EA

Accountant

490 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

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

< 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