AirBNB renting of personal residence, is it now classed as an investment property for tax purposes?

Go talk to another licensed CPA. 3 months out of year likely doesn't likely change the status.

Do I pay taxes on donating plasma if I am on Disability? I am 52 years old and still suffer from illness and injuries.

I don't think you would be exempt. You would still have a filing requirement as well if you are single and earn at least $10,350. Also, should...

What is the cost basis for tax purposes? Is it claimed on this years taxes or when I sell?

You had full ownership before she passed away so your cost basis would likely be the 130K. You wouldn't report the basis until you sell and...

Need atty to sue ins co for selling abusive tax shelter, have a few friends that also got harmed for about 1 million each?

I changed the question to investment fraud. You will want both a tax attorney to assist you with representation before the IRS but you will also...

You must make quarterly payments for your estimated tax payments. It would be better to make monthly payments since it is easier to do, especially...

Need help with an IRS tax question.

What does "currently have an offer in compromise" mean? Do you mean one has been submitted and is pending? Or does it mean that the offer in...

Question about affidavit of support?

You will need to find another sponsor and submit a second AOS with the application. Maybe your parents or in laws would be willing.

I live in CT & work for Coca-Cola?

Reimbursement of employee expenses aren't subject to tax. I agree that you should look at your paystubs for anything that doesn't make sense and...

My tax preparer was 10 weeks late preparing my return and I just receives a penalty notice for late filing $3,793? He had info

I agree with Mr. Cole. Call the IRS and ask them for a "first time penalty abatement." explain the situation. They will run through the...

Do you assist filling out tax exemption?

We cannot solicit clients directly. You would need to call attorneys and use the find a lawyer tab. As stated, these are not do-it yourself...