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

TAX DEDUCTIONS

Do you have to pay taxes on a settlement from a medical lawsuit related to physical injuries? ... read on

If I want to claim our medical expenses that we paid out of pocket, do I include the mileage in .... ... 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

If a taxpayer pays for parking next to their office in New Jersey, and they commute from their home office, .... ... read on

Does a company need to keep receipts or account for coffee and small meals purchased for employees? Can we .... ... read on

My client is setup as a single member LLC. They have a medical expense reimbursement plan (MERP) in place .... ... read on

My car was destroyed in 2012, parked hit and run. I had liability insurance, but the insurance company said that .... ... read on

An S Corp put a non-rental building in service during the 2012 tax year and depreciated it at 39 years. .... ... read on

I am a newspaper journalist. I often write about places I visit on vacation. The newspaper does not reimburse my .... ... read on

As a single member PLLC, what are limits on deduction versus depreciation for technical computer hardware and software? Our .... ... read on