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


I am part of a partnership. We did not include my pocket expenses on the partnership return. How .... ... read on

We recently dissolved a partnership and contributed those assets in an S Corporation. Are the balance sheet items such .... ... read on

How complicated is it convert from a partnership to single member LLC, where the the spouse transfer partnership interest to .... ... read on

I own a carpet cleaning business with no employees and no partners. From 2007 to 2012, I was incorporated but .... ... read on

Our partnership owns rental properties. One of the partners would like to leaves the partnership. It is my .... ... read on

If an S Corporation's services changed to mostly bookkeeping or income tax preparation instead of construction, does that trigger an .... ... read on

If an LLC (sole proprietor) changes ownership from one member to another, does the IRS require notification and, if so, .... ... read on

I have a C-corporation that has retained earnings from day trading activity. The main business of the C-corporation is a .... ... read on

My husband and I currently file a 1065 for our business. We'd like to restructure to a single owner LLC .... ... read on

I have a single member LLC in Wisconsin where the attorney set up the wife as the owner. They .... ... read on