Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
Under provisions of the 1998 revision to Mich Sales Tax
Under provisions of the 1998 revision to Mich Sales Tax laws, Church sanctuaries are exempt from sales tax on materials used in construction or improvements to the Church sanctuary. Mich form 3520 is … read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,144 satisfied customers
I am the founder/CEO of a small 501c3 Non Profit, Cat Rescue
Greetings! I am the founder/CEO of a small 501c3 Non Profit, Cat Rescue located in California. We are in the process of buying an established grooming salon in hopes to financially support the rescue … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
4,218 satisfied customers
A person wants to set up a 501(c)3 now. Purpose is to donate
A person wants to set up a 501(c)3 now. Purpose is to donate to the 501c3 personal assets such as ira, mutual funds, home etc. Can any of the donated assets be kept in the 501c3 to generate income lik… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,144 satisfied customers
Sure. I own a very small business that grossed $70K last
Sure. I own a very small business that grossed $70K last year. I'm building a large structure attached to my house to expand the space I have for the business. The construction is ongoing, but last ye… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
My daughter has started a jewelry business during 2016 and I
My daughter has started a jewelry business during 2016 and I am going to purchase Quickbooks to help her get her business accounting organized. She does not have an accounting of her inventory but has… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,806 satisfied customers
We are a 501c3 charity, we are in need of a building to use,
We are a 501c3 charity, we are in need of a building to use, a business has donated the use of it's building for 1 year... Can the business claim this donation as a credit on his taxes.… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
10,758 satisfied customers
I claim my stock photography as a business. 95 % of my
I claim my stock photography as a business. 95 % of my photography is of my parrots. The photos have been published in books and magazines. I claim the cost of photography equipment and the portion of… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,992 satisfied customers
I've worked from an office within my home years and
I've worked from an office within my home years and always used the simplified method of determining the deduction. This year we built out a former shed in our backyard as my home office. How do I det… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
I have a non-profit 501c3 organization that is involved with
I have a non-profit 501c3 organization that is involved with animal rescue of feral cats. I cannot find my DETERMINATION LETTER. How do I get a copy. date approximately November 2008. ein # ***** Rich… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,806 satisfied customers
I have a 501c3 animal rescue. I would like to buy a home with
I have a 501c3 animal rescue. I would like to buy a home with land to serve as a sanctuary for homeless dogs and cats. My question is: Can I write off the mortgage for this home, and if so, what perce… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
If I start a non profit organization for a feral cat colony,
If I start a non profit organization for a feral cat colony, can I provide myself a letter for tax deductions to avoid the 2% rule in non profit funding?… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
4,670 satisfied customers
Question: Can capital losses from the sale of stocks and bonds
Question: Can capital losses from the sale of stocks and bonds be used to offset capital gains from the sale of rental real estate? Here's my situation. I will be selling my TIC fractional ownership i… read more
DanielleCPA
DanielleCPA
Certified Public Accountant
Bachelor's Degree
984 satisfied customers
Each year I deduct money spent on mileage to/from the animal
Each year I deduct money spent on mileage to/from the animal shelters in which I volunteer. I also deduct purchases made, keeping receipts. Am I able to deduct medical expenses incurred by my foster d… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
18,806 satisfied customers
I am located in Massachusetts. I operate a business from my
I am located in Massachusetts. I operate a business from my home which is my sole source of income. I am currently in the process of building an addition to my house, which will serve as an office. Th… read more
BK-CPA
BK-CPA
Bachelor's Degree
972 satisfied customers
Our 501c3 was recently given 5 acres for an animal sanctuary.
Our 501c3 was recently given 5 acres for an animal sanctuary. We have one of our officers' families living on the land to take care of the animals. Are these people allowed to house some of their pers… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
924 satisfied customers
My husband and I rescue dogs, cats, and injured box turtles
My husband and I rescue dogs, cats, and injured box turtles (which we treat and release). We live in rural Arkansas where pet abandonment is common. We have a tough time placing even our young rescues… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
My wife is a veterinarian and the founder and president of
My wife is a veterinarian and the founder and president of a 501(c) 3 nonprofit charity that rescues cats and finds them homes. She wants to build a cat shelter for the organization on our property th… read more
socrateaser
socrateaser
43,154 satisfied customers
I am 100% owner of an S Corp. We are adding on to our ...
I am 100% owner of an S Corp. We are adding on to our home, including an office that I intend to use for the S Corp. Is a percentage of the cost of the construction (the office part) tax deductible? H… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 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

18,806 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