Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I have a c corporation (parent company) that own's a
I have a c corporation (parent company) that own's a subsidiary. One of the subsidiaries is Performing well. Can I flow through gross income from the performing subsidiary to the c corp parent company… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
1,794 satisfied customers
I have a question on Tennesse tax law. No, just a general
No, just a general question, I'm a subcontractor in the state of Tennesse and sub under a company based in Georgia. The laws here seem kind of fuzzy on whether to charge tax for labor and parts for house call repairs on major home appliances. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I am purchasing an existing business next week. I currently
I am purchasing an existing business next week. I currently also have an existing business. The business I am purchasing is a corporation in Washington state. I'm in Texas and will be incorporating it… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,720 satisfied customers
Have a rental property where the sewer line had to be
Have a rental property where the sewer line had to be replaced. Had the contractor break down different aspects in case we could depreciate or write off certain aspects differently. Could you tell me … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,749 satisfied customers
I have a company but I want to set up a new company name to
I have a company but I want to set up a new company name to represent the wider range of services we now offer. The original company should become a subsidiary of the new company. What happens to the … read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,749 satisfied customers
I am a US citizen living in Canada. I recently purchased an
I am a US citizen living in Canada. I recently purchased an investment property in the US and am renting it out full time. I made some improvements to the property and purchased new appliances, air co… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
Subject Buying a business as a sole proprietor Should an
Subject: Buying a business as a sole proprietor: Should an individual form an LLC to make an offer to buy a company from another party? Or is it unnecessary to form an LLC to takeover another possible… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,363 satisfied customers
I run a software consulting business, we are looking at around
I run a software consulting business, we are looking at around 350K in net profits after making all payments. In additional to this we have 220 K in W2 wages between me and my wife. I am S corp what a… read more
Wallstreet Esq.
Wallstreet Esq.
Tax Attorney
Doctoral Degree
586 satisfied customers
Difference between subcontractor vs. independent contractor?
Could you please help me understand the difference between the designations of subcontractor vs independent contractor vs contract/labor?… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Hi, I am an American citizen,living overseas, I file taxes
Hi, I am an American citizen,living overseas, I file taxes in the US. I am interested in buying real estate in the US for investment,basically buying a bunch of single homes from the bank,selling some… read more
Gerri A Harrison CFP EA
Gerri A Harrison CFP EA
Financial advisor/Tax preparer
Bachelor's Degree
86 satisfied customers
Am installing bamboo floor 1300 sq. and buying new energy
Am installing bamboo floor 1300 sq.' and buying new energy efficient appliances. Can I get a tax credit. Thanks.… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I am filing 1040. MA resident. Question, DEPRECIATION diff
I am filing 1040. MA resident. Question, DEPRECIATION difference on Rental Property. Between Federal Return and Ma. Placed Rental Property 2007 Amount 758000 depreciate 27.5 years, less land, Applianc… read more
Chad Oberg
Chad Oberg
Director
Bachelor's Degree
172 satisfied customers
I bought energy efficient appliances this year for a total
I bought energy efficient appliances this year for a total of $3776. Refrigator, stove, microwave and tv. can you tell me if I can use these as a deduction? If they can I used the H&R Block Tax Cut do… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
How do I classify the expense of repairing a customers vehicle
How do I classify the expense of repairing a customer's vehicle that was damaged during repair?… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
Were a new company in VA, supply and install HVAC in VA and
We're a new company in VA, supply and install HVAC in VA and DC and we pay sales tax on the products we buy/use but we do not charge sales tax to the clients. Two questions: do we need to charge sales… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I am in the process of setting up a new business in ...
I am in the process of setting up a new business in California. I''ve heard that the LLC structure is better for protection and tax purposes. Is this the best structure to use if I am going to be the … read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
my husband is a physician and will be starting a contract ...
my husband is a physician and will be starting a contract position out of state ( work in Nebraska live in New Mexico ) he has a corporation all set up for with gross recepts, federal Id and revenue i… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
33,749 satisfied customers
I have a client who is in the HVAC-heating and air
I have a PA client who is in the HVAC-heating and air conditioning business they do quoted installations, repairs and maintenance, and maintenance agreements. Per the state this individual is supposed… 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:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

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

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< 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