FAQ

How does one dispose fixed assets on 1120-S before these assets are fully depreciated?
How does one dispose fixed assets on 1120-S before these assets are fully depreciated? How can one write-off an angel investment if the owner/entrepreneur refuses to respond to requests for a certificate dissolution (US)? If I sell a rental property for less than I paid, does the IRS count it as a capital loss on my personal taxes? What are the tax implications if I spend my bitcoins on directly buying things without converting into cash? My car was totaled. The insurance paid me the amount. Is this amount taxable in the USA? My wife received a check for selling a calf (cattle). Where do I report this for taxes? Do I have to pay taxes if I sell a domain name? (I am In US). If yes, do I just add sale price - purchase price (profit) to my personal income? Are business capital gains and losses included on Schedule C or only ordinary business income and expenses? How do I report Form 1099-B (Proceeds from real estate transactions) in personal income tax return?