Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I'm starting a new job on 11/25/18 as a consultant. I have
I'm starting a new job on 11/25/18 as a consultant. I have not been a consultant before so my 2018 1099 will only include about 1 month of pay, being approx. $7,000. I will need a new laptop, extra mo… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
2,924 satisfied customers
We have a cow calf operation the we sell whole, half and
We have a cow calf operation the we sell whole, half and quarter to the public. We also have a hay business. We do all our business at the farm. \So it is a few separate business but only one business… read more
Anne
Anne
Master Tax Preparer
2,373 satisfied customers
I currently live in a home but want to buy a condo for business.
I currently live in a home but want to buy a condo for business. The condo I am looking at is really a residential condo (2 bedroom, 1800 sq feet). If I am going to be living out of my home and not ou… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
Hello, I am looking to start investing in precious metals,
Hello, I am looking to start investing in precious metals, however I have questions regarding tax advantages/disadvantages of investing in physical bullion vs. ETF investment. I am looking to invest i… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,631 satisfied customers
While repairing and renovating the 2-bedroom/2-bathroom foreclosure
While repairing and renovating the 2-bedroom/2-bathroom foreclosure condominium I initially purchased as a rental property, I learned that I love the process of interior design and enjoy interacting w… read more
Anne
Anne
Master Tax Preparer
2,373 satisfied customers
Hi, I will be filing a schedule C; Im a sole proprietor.
Hi, I will be filing a schedule C; I'm a sole proprietor. I do not have a home office or another office...so (as a photographer) I work primarily off my laptop. I can't count the space of my couch in … read more
Shane-CPA
Shane-CPA
CPA, PFS, CGMA
251 satisfied customers
Hello, I am self-employed and recently took out an early
Hello, I am self-employed and recently took out an early distribution from my IRA to help fund my online business. I understand that a 10% early withdrawal penalty applies and the amount taken out is … read more
Charles Markham
Charles Markham
Principal
Masters Science Taxation
755 satisfied customers
Stephen I have another question about expenses I am currently
Stephen I have another question about expenses I am currently taking in a small business and also how returning to previous employer on a part time commission only basis may effect things. Let me know… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
6,647 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
If a business offers coupons for their services as an incentive
If a business offers coupons for their services as an incentive for a donation to a charity, how much of the value of those coupons can the business write off as tax-deductible? I.e. someone donates $… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
I am married and will be filing jointly with no kids and rent
I am married and will be filing jointly with no kids and rent a house.I have no other deductions.My wife will make about $10,000 this year but is a w-2 employee.I worked part of the year as a w2 emplo… read more
Jacy
Jacy
Bachelor's Degree
567 satisfied customers
I received an inheritance that transfered over a capital gain
I received an inheritance that transfered over a capital gain on the farm land that was sold. I received $850,000 but will need to pay the IRS over $100,000 in capital gains earned in 2010. I am looki… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
Getting a divorce and need to buy out wife from company. The
Getting a divorce and need to buy out wife from company. The company - a bikeshop- is incorporated and has 1000 common shares out, 500 for me and 500 for my wife. Can bike shop "buy back" my wifes 500… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
I have a small Home based electrician business in Hartland
I have a small Home based electrician business in Hartland MN. I am interested in buying small home for $10,000. It is a fixer upper. If I purchase this home in 2008, can I use it as a tax write off f… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,921 satisfied customers
Late last year I closed a small construction business that
Late last year I closed a small construction business that rarely made any net profit. In the end, I was able to sell off just enough assets to pay off my bank loans, but am still paying off vendors o… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
I am a radiologist working part time in Kennewick, WA. I am ...
I am a radiologist working part time in Kennewick, WA. I am about to begin working one week per month across the state in Ilwaco, WA. If I were to purchase a condominium to stay in on the weeks I am i… read more
Brad
Brad
Bachelor's Degree
122 satisfied customers
I work as a sole proprietor. I expect my 2008 income to be ...
I work as a sole proprietor. I expect my 2008 income to be approx 70K. If I purchase a pickup truck in 2008 (curb weight 7000 pounds, $50,000) and use it exclusively for commuting to work, can i deduc… read more
Guru_Guy
Guru_Guy
Doctoral Degree
1,634 satisfied customers
I have an IRA that has not matured...not really worried ...
I have an IRA that has not matured...not really worried about that. I want to invest in real estate (a really good deal) that will have a $25K turn-around. Can I write off what I invest ($80K) off on … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,921 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