Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
My balance sheet in quickbooks does not match line #21
My balance sheet in quickbooks does not match line #21 "Partners Capital" on my tax return, everything else matches. … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
4,994 satisfied customers
JE for tips, We need to know the DR and CR for tip
JE for tips JA: The Accountant will know how to help. Please tell me more, so we can help you best. Customer: We need to know the DR and CR for tip reporting. JA: Is there anything else important you … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
4,994 satisfied customers
I have already shown sales tax payable in month of march and
i have already shown sales tax payable in month of march and the month is closed. Now in July i found out i did not pay and paid it . how can i adjust my books? what entry should i make?… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
4,994 satisfied customers
Note payable, assets and goodwill booked in 2013. Breach of
Note payable, assets and goodwill booked in 2013. Breach of contract in 2014 purchaser kept assets per Attorney for amount of downpayment that was not returned to purchaser . Goodwill deduction used a… read more
Jonathan Tierney
Jonathan Tierney
MBA
664 satisfied customers
Hi Sorry to ask what must seem like a dumb question but Im
Hi Sorry to ask what must seem like a dumb question but I'm getting confused with TurboTax. We sold our rental property in 2013 on which we had only passive loss carry forwards (2009-2012). Realize we… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
I a QB file but it does not match. copy one does not have
I a QB file but it does not match. copy one does not have the data for 2013 copy two has 2013 but the balances do not match copy one. Copy one was used to file 2012 , but does not match to the corp ta… read more
PDtax
PDtax
Owner
Master's Degree
9,530 satisfied customers
I am a bookkeeper. I have a client that has overstated A/P
I am a bookkeeper. I have a client that has overstated A/P for 2012 that has been carried over to 2013. She has records that indicate that she does NOT owe her vendors and would like to have the accou… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
How do I enter a tax liability that has not been paid. Sales
How do I enter a tax liability that has not been paid. Sales tax has accrued for the month but has not been paid. I believe this would be accrued sales tax under liabilites which will show on balance … read more
DanielleCPA
DanielleCPA
Certified Public Accountant
Bachelor's Degree
984 satisfied customers
Deposit/Sales/Petty Cash issue: Our shop charges 51.75 for
Deposit/Sales/Petty Cash issue: Our shop charges 51.75 for a product and most of the time people pay with Visa but sometimes pay cash. The deposits have been $52.00 to over simplify. After much though… read more
IRS Solutions
IRS Solutions
24 satisfied customers
John, How /what do you do when accounts receivable have
John, How /what do you do when accounts receivable have been overstated by $8000 and the year end closed and reported ? Is there a way to counter balance the next year and how ? Obviously this will /h… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
if my payroll booked the wrong amount for general liability
if my payroll booked the wrong amount for general liability and I need to adjust, what account do I credit and what account do I debit… read more
BK-CPA
BK-CPA
Bachelor's Degree
972 satisfied customers
Small business, California LLC How do i properly account for
Small business, California LLC: How do i properly account for my investment of $$$ to purchase a company comprised partly of inventory and mostly of a website and customer list+"goodwill", on my tax r… read more
Jon Andrews
Jon Andrews
CPA
1,498 satisfied customers
If SUI is overstated on the books because the tax rate was
If SUI is overstated on the books because the tax rate was incorrect in our software system, what will the journal entry be to correct? I will debit SUI Payable and credit what account?… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
What are the journal entries involved to show the company ...
What are the journal entries involved to show the company vertically if the wholesale sells to its retail entity. How do I eliminate profit sales and reflect my true inventory value on a consolidated … read more
RD
RD
Self Employed
Master's Degree
5,572 satisfied customers
What would the journal entry be if a company incurred an ...
What would the journal entry be if a company incurred an expense? What would the journal entry be when the check was processed? If a sale was made by a company what would the journal entry be?… read more
Wayne Brasch
Wayne Brasch
Accountant and Business Consultant
Master Degree
718 satisfied customers
My company sells packing supplies for resale. Once a
The company I work for company sells packing supplies for resale. Once sold we pay sales tax for the items that were sold. What is the correct type to call this. Is this an expense? The lady who used … read more
Brad
Brad
Bachelor's Degree
122 satisfied customers
The net income of Simon and Hobbs, a department store, ...
The net income of Simon and Hobbs, a department store, decreased sharply during 2000. Carol Simon, owner of the store, anticipates the need for a bank loan in 2001. Late in 2000, Simon instructs the s… read more
Wayne Brasch
Wayne Brasch
Accountant and Business Consultant
Master Degree
718 satisfied customers
What is the tee account for collected and paid state sales tax
When I write checks to pay sales tax to the state I post it to the sales tax payable account. What is the offset account. Or am I posting it wrong? Optional Information: Warrenton, Virginia Already Tr… read more
Jon Andrews
Jon Andrews
CPA
1,498 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