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


What is the procedure for reducing a tax attribute such as net operating loss (NOL) for 2013 if I report .... ... read on

Our business is setup as a disregarded entity and requires that a customer provide a refundable deposit to use our .... ... read on

I have a S-corporation where I am the only shareholder. I started the year with a zero basis and I .... ... read on

In 2010, we had a cancellation of debt income from a Partnership K-1. This was deferred until 2014 by .... ... read on

I own an LLC that holds several rental properties. I also own another business that is setup as a .... ... read on

Our company is lending money to another entity. We are going to charge interest and need to know what the .... ... read on

How do you report rental income and expenses from farm land? ... read on

We have a mobile home we rent. Where do we report the rental income on our tax return? Which .... ... read on

We are a partnership based in a South Asian country and none of the partners are U.S citizens or residents. .... ... read on

Is passive income to an S corp subject to tax at the corporate level? ... read on