Tax Q & A

Through a partnership with ACI Worldwide’s OfficialPayments.com and the PayNearMe Company, the IRS is currently offering this cash payment alternative at participating 7-Eleven stores in 34 states. In a statement, IRS...

Hey Dave, If my ex-wife lives with me and I provided more than half of her financial support will I be considered single status or head of household? Moe Moe, The answer to this question provides a good illustration of how the...

Hey Dave, I’m legally married and still live with my spouse. We both file our taxes separately. I want to know if I can file as head of household while he files as married filing separately since I make more money to take...

Hey Dave, I have a question about a head of household qualification. I was married for over a decade before my husband and I divorced. My ex-husband later passed away, which left his mother, my ex-mother-in-law, needing someone...

Hey Dave, There are only two months left in the year. Is there anything I should be doing to make sure I don’t end up owing a bunch of money this year? I have my own Schedule C business and I would like to know where I stand...

Starbucks? Coffee beans? Lattes? What do they have to do with taxes? Don’t worry, we will get to that! But first, let’s discuss your Golden Years again, shall we? How you plan to fund that trip to Australia? Gifts for grandkids...

Hey Dave, Are disability payments taxable? Anne   Anne, This is a good question, but there is no correct general yes or no answer. The taxability of disability payments depends on what type of disability benefits you...

Hey Dave, To increase the business offerings at my mailbox rental business, I became a Notary Public this year. So far I made about $1,000 from my notary service. Should I include the notary fees on my tax return as income...

Hey Dave, I have an old vehicle and was wondering what the best options are for getting rid of it. Should I donate it for the auto valuation guide value of $ 3,000 or sell it now for $1,500 cash?