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


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

Our company is currently incorrectly paying the CEO with a 1099 form as opposed to a W-2 form. We .... ... read on

My business was on an installment plan with the IRS and we paid it off within a year. We .... ... read on

My latest issue is a question regarding the IRS treatment of our now dissolved S Corp. We earned our last .... ... read on

We have a trucking company - an LLC - and for the last three years, instead of claiming a profit .... ... read on

I would like close my C Corporation which has an existing $10,000 tax liability and no assets. If I .... ... read on

What is needed to substantiate our sales if we are audited by the tax commission? ... read on