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I Am A Church Volunteer Looking To Hire An Licensed Pastor/singer Entertainer For A One-time Church Engagement. He Sings And Plays Guitar...
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

1. Yes, you may provide a portion of the fee as housing allowance. The fact he is local is of no consequence in this case. 2. This is not really a factor here. He is leading in worship, which does not have to...   Read More
Will Me Claiming A Person Waiting For Approval Of Ssi/disability Affect Their Backpay If I Get A Deduction For Them As A Dependant?
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

The SSI program provides benefits to disabled people who don't qualify for regular disability benefits. The benefit amount is a flat $733 a month as of 2016, but SSI is a means-tested program. The person's...   Read More
0 0 1099-MISC
I Do Surveys And Videos To Make Extra Cash In My Spare Time. How Much Can I Earn Before I Have To File Taxes?
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

Any amount of income from the activity is subject to income tax, so if your total income exceeds the threshold for filing you must file a return. An additional factor is self-employment tax. If your net profit as...   Read More
0 0 1099-MISC
Can Our Investment In 529 Accounts Of Our Grandchildren (between The Ages Of 2 & 7) Can Be Utilized For Elementary/highschool Tuition?
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

No. Section 529 plans can only be used for qualified education expenses for postsecondary education, either graduate or graduate. The list of qualified expenses for a 529 plan is expanded from the education tax...   Read More
0 1 1099-MISC
We Are Non-resident Alien Parents. What Taxes, If Any, We Or Our Children Will Have To Pay, In Case We Gift Them An Amount, Say $50,000/-?
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

Gifts are not taxable income, so there would be no tax liability involved. However, if the gift was not cash and the children sold the property received, they would owe income tax on the excess of the proceeds of...   Read More
0 1 1099-MISC
Which Is Best Way Or Plan For The Parents/ Grandparents To Bequeath Some Funds From Their Savings To The Grand Children Immediately?
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

There are no income tax consequences in making a gift to an individual. If the amount of the gift exceeds $14,000 per person per year, a gift tax return must be filed, but there is a $5,430,000 above the annual $...   Read More
0 1 1099-MISC
We Are A One Truck Trucking Company And I Am Having Sleepless Nights Over A Stupid Act Of Ignorance! Since 2004 I Have Been Doing My Own...
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

Probably not too bad. The penalty against the company varies from $30 to $100 per form ($500,000 maximum per year), depending on how long past the deadline the company issues the form. If a company intentionally...   Read More
We Are A One Truck Trucking Company And I Am Having Sleepless Nights Over A Stupid Act Of Ignorance! Since 2004 I Have Been Doing My Own...
User Photo Devon McCarthy FCCA, EA
Tax Professional Level: Tax Enthusiast

There is a penalty for failure to file correct information return by the due date. This includes 1099s. You may be able to avoid the penalty if you can show reasonable cause for not filing the returns. You may also...   Read More
For The Past Several Years My Only Income Has Been From Insurance Renewal Commissions Which Total Less Than $3000 Per Year. The Insurance...
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

This issue kept coming up so often, the IRS included a section in Publication 334 with instructions on how to treat it. It reads, for a Former Insurance Agent: "Termination payments you receive as a former self-...   Read More


Meet Leading Tax Advisors

User Photo Kathryn Morgan

Bossier City, Louisiana, USA

Enrolled Agent, Master Tax Advisor

User Photo Peter J. Scalise

New York, New York, USA

Federal Tax Credits & Incentives Practice Leader

User Photo John Stancil

Lakeland, Florida, USA

Tax Advisor/CEO

User Photo John Dundon, II EA

Denver, Colorado, USA

Tax Director

User Photo Steven Potts JD EA IAR

Fullerton, California, USA

Principal

User Photo Devon McCarthy FCCA, EA

Sanford, Florida, USA

President

User Photo Caran Ebert, CPA

Topanga, California, USA

Tax Advisor

User Photo Lisa Nason CPA, MST

Greenville, South Carolina, USA

Managing Shareholder

User Photo Gary Carter, PhD, MT, CPA

Edina, Minnesota, USA

President

User Photo NEERAJ BHATIA, CPA

Santa Clara, California, USA

Tax Principal - President

User Photo Bill Robinson, CPA

Chattanooga, Tennessee, USA

Owner

User Photo Hugo Van Zyl

Stellenbosch, South Africa

Exchange Control & Master Tax Practitioner (SA)

User Photo Douglas Stransky

Boston, Massachusetts, USA

Tax Partner, International Tax

User Photo Larry Stolberg, CPA, CA

Toronto Mississauga Oakville Burlington Hamilton, Canada

Tax Specialist

User Photo Dr. Daniel Erasmus

West Palm Beach, Florida, USA

Managing Partner/EMEA

User Photo Jorge Otoya

Cleveland, Ohio, USA

President

User Photo Kat Jennings CEO

La Jolla, California, USA

Founder/TaxConnections CEO

User Photo Mary Beth Lougen EA USTCP

Virginia, USA

President and Founder

User Photo Darren Sanford

Memphis, Tennessee, USA

CPA

User Photo Barry Fowler

Houston, Texas, USA

President

User Photo Kelly Estep

Vancouver, Washington, USA

Owner

User Photo James Sutton, CPA, Esq

Tampa, Florida, USA

Florida Sales Tax Attorney

User Photo Cecilia Scutaru Andor

Charleroi , USA

Tax Preparer / Notary / Signing Agent

User Photo Bernice Brightbill

Los Angeles, California, USA

singer

User Photo JEANIE PITNER

Battle Ground, Washington, USA

Owner

User Photo David Gadberry

Houston, Texas, USA

Tax manager

User Photo Howard Liebman

Brussels, Belgium

Partner

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