Explore the 1,000’s of tax questions answered by professionals.


I have a client that is a non-profit. The non-profit owns a thrift store where donations are made and .... ... read on

We have a landscaping business in Florida. We are wondering if we're accounting for salaries appropriately in the cost .... ... read on

I recently was given a balance sheet and income statement and noticed that the balance sheet was prepared on an .... ... read on

Can I capitalize patents? My company is applying for a patent and I would like to capitalize the research and .... ... read on

Are mailing lists treated as prepaid or period expenses? ... read on

In a medical practice, is the cost of supplies, which is given to patients on site, considered inventory, or an .... ... read on

Our construction company is building an storage building for a customer which costs about $300,000. He would like us to .... ... read on

I run an exercise studio and provide advertising, space, and collect payments for the instructors. Gross revenue is reported .... ... read on

We receive a monthly royalty payment for use of our video content on local television stations? How are we suppose .... ... read on

My company just acquired another firm, and with it computer software and licenses estimated at a fair value $400,000. The .... ... read on