1547

I took a personal loan which was years ago to finance the business. I have made interest payments personally. The business, an LLC,... read on

• View Details
• 2 votes
• Answered byThe BIDaWIZ Team

I have a home bakery business. I installed a new $3,000 range and remodeled my kitchen to accommodate it. My accountant says I... read on

• View Details
• 5 votes
• Answered byThe BIDaWIZ Team

I have expenses associated with a plan to remodel a rental property, but we have decided not to proceed with the remodel. ... read on

• View Details
• 3 votes
• Answered byThe BIDaWIZ Team

Taxpayers bought a tax franchise and set up an S-Corp which used the accrual method of accounting. The IRS held their efin until... read on

• View Details
• 5 votes
• Answered byThe BIDaWIZ Team

I formed an single person LLC (taxed as S-Corp) last August and due to bad advice, failed to run payroll to pay myself... read on

• View Details
• 12 votes
• Answered byThe BIDaWIZ Team

One of our clients purchased a home in North Carolina for investment, and have used it as a second home. Unfortunately, the... read on

• View Details
• 13 votes
• Answered byThe BIDaWIZ Team