Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
I started a s-corp last June for opening a franchise
I started a s-corp last June for opening a franchise location of a fast casual restaurant. I have some expenses from 2018, but no income as we haven't even started construction yet. We plan to be open… read more
ABC Accounting Group
ABC Accounting Group
Bachelor's Degree
954 satisfied customers
I had started a business on the side last year. I had
I had started a business on the side last year. I had invested $8000 in training and ceritification materials. I also attended a live seminar for 5 days where I incurred $5000 in travel, hotel, and me… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
1,013 satisfied customers
I set my husband's LLC up as a sole member (him). Then we
I set my husband's LLC up as a sole member (him). Then we filed for S-corp status. We are both active employees in the business. Most of last year we paid most of the business expenses out of our own … read more
PDtax
PDtax
Owner
Master's Degree
4,790 satisfied customers
I am self employed since 2018 as a yoga teacher and selling
I am self employed since 2018 as a yoga teacher and selling some aromatherapy goods I make myself. I bought in 2017 some products which I need in order to produce my goods. Also I bought some books ab… read more
DK_CPA
DK_CPA
CPA
Master of Science in Accounting & Taxationb
1,328 satisfied customers
I'm trying to determine section 179 eligibility on truck
Hello, I'm trying to determine section 179 eligibility on truck purchased November 2017 placed into service but no income until 2018. Business formed November 2017 though … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,268 satisfied customers
I live in CA. I have a paycheck job that I have had all
Hi there, I live in CA. I have a paycheck job that I have had all year. (Single, Male). I also started a small apparel line business on the side. I was waiting to see how the business would form and i… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
1,013 satisfied customers
Start up expenses: If you are running a food stand and have
Start up expenses: If you are running a food stand and have registered the LLC with the state, have bought supplies and have incurred other expenses for the business like travel, but have not official… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,602 satisfied customers
If in 2017 I spent money for fees, legal and professional
If in 2017 I spent money for fees, legal and professional services and other set-up costs for a nonprofit I'm founding, can I write those expenses off even if I'm not earning an income from the nonpro… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
4,461 satisfied customers
I was wondering if I am able to write off expenses last year
I was wondering if I am able to write off expenses last year even though I did not have a company formed - yet. My fiance I I were looking into investing in real estate. This past month we formed an L… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
Scenario: In the US... A group of buddies and I get some
Scenario: In the US... A group of buddies and I get some wild ideas above a new tech startup. We've decided to start a business. In August of 2012 we buy tons of software, servers, and equipment. We b… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
I live in NJ and I am looking to start a small business exporting
I live in NJ and I am looking to start a small business exporting used products from NJ, other states, Japan, and China to Africa. It's a two partner operation. We have no employees nor plan to. Espec… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,394 satisfied customers
I recently opened a casual dinning restaurant that began operations
I recently opened a casual dinning restaurant that began operations on December 15th 2011 in California. It is a sole proprietorship. I have a few tax questions. 1. I have spent $60,000 in leasehold i… read more
Tax-Scholar
Tax-Scholar
Manager
Bachelor's Degree
89 satisfied customers
i just started my own business in washington, dc this month
i just started my own business in washington, dc this month (december 2010). it is a PLLC. i have been purchasing some business-related items even though the business hasn't "opened shop" yet. how do … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
I created a sole proprietorship in December of 2008, it is
I created a sole proprietorship in December of 2008, it is for a craft "hobby" where I will be selling my items at craft shows. I have not filed for a tax ID number yet, because I'm getting married ne… read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,663 satisfied customers
can business pre-startup cost encountered in 2008 be claimed by an LLC formed in 2009
I spent $42K in 2008 for development of a consumer product and now I made a decision to make and market the product. I will not have any operations until Feb 2009. I have not created an LLC yet. The q… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
In 2007 my wife and I began purchasing things for our ...
In 2007 my wife and I began purchasing things for our business. We have not yet completed any formal paperwork for the business. We would like to deduct some of these expense from our personal taxes(e… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
Small business that didnt make it do I have to file tax
I purchased a distributorship for a new product in 02/2007. This was a large piece of equipment to be sold to spas and salons for skincare. At no time did I have any inventory of this equipment. I use… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,877 satisfied customers
I would like to start a part time mobile detailing business ...
I would like to start a part time mobile detailing business I need to purchase some equipment and supplies to test and perfect use of before I begin working on others vehicles. Is it possible to write… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 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

4,937 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

261 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

17,888 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 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