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


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

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

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

If we had a vehicle that was depreciated over the last few years under the straight-line MACRS method with the .... ... read on

Can my C Corporation write off employee doctor visits if it is not covered by insurance company? ... read on

I formed an LLC several years ago with the intention of providing early-stage preclinical research services to small biotechnology companies. .... ... read on

Can an S Corporation shareholder claim losses on their individual return in excess of the capital contributed and stock basis, .... ... read on

We have a consulting practice in which the principals and some employees fly to a client site each week. .... ... read on

I started a small business in Pennsylvania last year, but haven't made any money yet. How do I report that .... ... read on

Last year, we adding some fixed assets to our depreciation schedule. We added a laptop for $1,400 using double declining .... ... read on