Unanswered Tax Questions

Small Business

Do I Charge G.E.T on my invoices

In the Long Beach area GET is 10.25%. I am self employed and charge for inspection services to businesses throughout the Southern California region. When I charge for my services do I include the GET from where I am based on my invoice?

Education

Tax deduction for foreign University with no EIN number

My daughter is attending a University in the United Kingdom at a school that does participate in the U.S. FAFSA program. The school does not have a U.S. EIN number and for the 2022 tax year the IRS is saying they will not allow any tax deductions for education expenses because there is no EIN number. Is this correct? For tax years 2020 and 2021 she attended the same school and the IRS allowed the deduction without an EIN number. Did something change for 2022?

Personal Taxes

Can your employer tax you same amount of your earnings

Can my employer tax me the exact amount of my earnings. I’m a waitress in Michigan

Deductions and Write-Offs

Section 179

I just started a business. The truck I use for deliveries is breaking down. How do I purchase another vehicle for the business?

Home Ownership

Capital gains tax

In my divorce we agreed to sell home. We will clear 165000 after we pay off mortgage and HELOC loan. Do we have to pay capital gains tax on this?

Personal Taxes

I am trying to file tax return

Deductions and Write-Offs

Visiting nurse

I work as a visiting/homecare nurse and I have some questions about tax deductions

Small Business

MS state tax

Register with MS if sole proprietorship is service only? (Traveling mua)

Tax Filing Tips

How do I report retirement withdrawals as gift on my tax returns?

Health Care

after giving $60k to one person as gift, who will be taxed?

For a one time gift of $60k, Will the giver be taxed or will it be the recipient? Thanks’