Taxpayers are constantly striving to be able to make more money. A great way to do that is by investing in assets and growing your financial portfolio. By investing, further savings are acquired by being able to reduc...

I am an LLC here in Texas and have to file a franchise tax accountability questionnaire, does anyone know the NAICS code for real estate investing? 

I live in Henderson Nv and I want to form a self directed IRA/LLC for the purposes of purchasing a business, and possibly real estate. Does anyone know how long this process takes? Should I form the IRA/LLC first befo...

I’m an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being ...

Title says it all. I got a bobcat with a deal. Can I depreciate it against the LLC holding the property or against the property itself?

Hi,
Any thoughts on filing Form 2106 as part of California Form CA540 line 19 “Unreimbursed employee expenses” for WFH expenses? WFH means utilities, internet, phone which I use towards office work when working from ...

The tax code can seem daunting, and navigating it is a scary undertaking for small business owners and entrepreneurs across the country. As we know from firsthand experience, many small business owners pour their bloo...

Due to recent hurricanes...I got to pondering looking back when New Orleans was hit by Hurricane Katrina there were short-term disruptions to gas prices especially since Houston is a major think tank for the metro ind...