Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
Recently I plan to open a company with a specialist. The
Hi, recently I plan to open a company with a specialist. The California Rule requires that the specialist have to own at least 51% share of the company to be legit. However, the specialist agree that … read more
taxmanrog
taxmanrog
Master's Degree
2,954 satisfied customers
I am working on 1065 schedule -1 now, and have a little bit
I am working on 1065 schedule b-1 now, and have a little bit question.It's my first year doing my company's tax, so here's my confusion: My business partner and I formed this llc in Apr 2017, And the … read more
Carter McBride
Carter McBride
LLM
3,150 satisfied customers
I have a construction business set up as an LLC, where my
Hello Richard,I have a construction business set up as an LLC, where my wife and I are not actively involved(except I keep track of expenses,etc), nor do we receive any monies, until it is profitable.… read more
Richard
Richard
Tax Attorney
Doctoral Degree
57,588 satisfied customers
I started a S-Corp with my Partner he has 49% and I have
I started a S-Corp with my Partner he has 49% and I have 51%. I invested $95,000 mostly rent and equipment into the business in 2014 my partner invested $ 0. We did not make any money in 2014 since we… read more
taxmanrog
taxmanrog
Master's Degree
2,954 satisfied customers
In August 2014, my partners and I decided to start a magazine
In August 2014, my partners and I decided to start a magazine business. We wrote the Articles of Organization, got a registered agent, registered as an LLC in Oklahoma, obtained an EIN number, and the… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
4,670 satisfied customers
I am thinking about buying a property with my father who is
I am thinking about buying a property with my father who is 85. We are considering buying it to rent it out or as a second home. If we rent it out who can claim the deductions, who can claim the incom… read more
Anne
Anne
Master Tax Preparer
3,422 satisfied customers
I have a question . My son worked in NYC for a year in 2013. He
I have a question . My son worked in NYC for a year in 2013. He went to NY from PA. first 9 months the company he worked for took out taxes for PA. The second company he worked for for 3 months took o… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
30,004 satisfied customers
I am a partner in a test drilling co ! I own 2 pieces of equipment
I am a partner in a test drilling co ! I own 2 pieces of equipment in my own name used from day 1 of the company to generate the revenue !! I understand that I can personally deduct the depreciation o… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,500 satisfied customers
does a non profit corp that never filed for 501c status and
does a non profit corp that never filed for 501c status and operated as a corp for profit, filing with the irs as a corp and payed taxes, become recognized as a for profit after 3 years?… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
30,004 satisfied customers
I am employed by Lake County Superior Court. I recently reunited
I am employed by Lake County Superior Court. I recently reunited with my ex-husband and am taking care of him, he is on ssi, disabled, & legally blind. I need to take time off work to take him to doct… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
in august of 2011 i purchased my partners 49 % shares to give
in august of 2011 i purchased my partners 49 % shares to give me 100 % but when taxes were filed march 15 2012 for the corporation there was a payroll tax owed of $ 6715.00. He was still a partnere du… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
My Godfather who is not a US Citizen and never has been and
My Godfather who is not a US Citizen and never has been and does not file a US Tax return of any kind would like to make a gift to me of $200,000 which I will use as a capital investment in my 50/50 L… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,500 satisfied customers
I am looking at getting a financial investment in my LLC partnership
I am looking at getting a financial investment in my LLC partnership coming from my family (dad and godfather). Both live abroad -- one in Kenya and the other in New Zealand. We have a Los Angeles bas… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
924 satisfied customers
2010 taxes. Owned three rental properties on 1-1-2010 (did
2010 taxes. Owned three rental properties on 1-1-2010 (did depreciation in 2009) Bought another property on 2-4-2010. Formed an LLC (Oklahoma) 5-24-2010 (EIN # XXXXX) Bought three more properties afte… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
I have been in discussion with a person about starting a new
I have been in discussion with a person about starting a new company. Yesterday I found out he owes 40K in back taxes and I would like to know ahead of time what the IRS and government can do to him/u… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
I am not sure if this should be under legal or tax. We had
I am not sure if this should be under legal or tax. We had a buisness with someone that was an LLC with 50% ownership between my wife and the other person. We closed the business in 2010 liquidating a… read more
socrateaser
socrateaser
43,156 satisfied customers
My husband and I lived in Florida from May 2000-May 2002 ...
My husband and I lived in Florida from May 2000-May 2002 for my husband''s job. While living there we both established Florida state residency, but after moving back to Maryland in 2002 I established … read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
968 satisfied customers
My husband owned a business in NJ with two other partners.
My husband owned a business in NJ with two other partners. One partner was apparently stealing money from the corporation. The business was locked and they went to court and agreed to a settlement. Th… 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

57,588 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