Ask Tax Questions
Catherine Bernard MBT, CPATax Professional Level: Tax Enthusiast
My company is buying the stock of another company? What should I be looking at as part of my tax due diligence process? The most important thing to remember is that in acquiring the stock of another company (... Read More
0
0
John StancilTax Professional Level: Master Tax Advisor
In the year in which you reach age 70 1/2 you may no longer contribute to an IRA or a Roth IRA. However, as long as you are working, you may participate in and contribute to a company sponsored 401(k) plan. Read More
Kazim Qasim, EA, CTCTax Professional Level: Tax Enthusiast
Yes. You can complete form 8829, part III and bill the S Corp for 1/12 of the depreciation amount each month. You must have a letter form the S Corp stating that the home office is for the convenience of the... Read More
Peter J. ScaliseTax Professional Level: Master Tax Advisor
On Thursday, March 30th, the Department of the Treasury (hereinafter the “Treasury Department”) and Internal Revenue Service (hereinafter the “Service”) issued interim administrative guidance in the form of... Read More
Please Provide A Legislative Update On Capitol Hill In Connection To President Trump's Tax Proposal.
Peter J. ScaliseTax Professional Level: Master Tax Advisor
Overview On April 26, 2017 the White House released an overview of their tax reform proposal entitled The 2017 Tax Reform for Economic Growth and American Jobs: The Biggest Individual and Business Tax Cut in... Read More
Barry FowlerTax Professional Level: Tax Enthusiast
If you get a FAKE call, fill out the “IRS Impersonation scam” form on TIGTA’s website, www.tigta.gov or call TIGTA at 800-366-4484. You can also file a complaint with the Federal Trade Commission at www.FTC.... Read More
™
