Help Me With a Question About Child Care Income

Ask Us Anything Dear Brass Tax Presentations, I need your expertise on this because I only have one other client in this similar situation. Grandmother goes to her daughter’s home to care for her grandchildren 2-3 times a week. She gets paid by Child Development...

Help Me With a Question About a Leased Tesla

Ask Us Anything Dear Brass Tax Presentations, An individual leased a Tesla Model 3. Can he get any of the $7500 credit on his tax return? I say no. Sorry, just so much conflicting information out there. Thank you so much.   From Brass Tax Presentations The...

Help Me With COVID Credits For The Self-Employed

Ask Us Anything Dear Brass Tax Presentations, Are there still COVID credits from the IRS for self-employed individuals? I have been self-employed for the last 20 years; I don’t have any employees. I keep hearing about COVID credits for the self-employed and...

Help Me With The EIC Credit 2023

Ask Us Anything Dear Brass Tax Presentations, I have a client who is married and has a 15-month son. She lived in the USA all year with a child in 2023 and paid all expenses. Her husband immigrated to the USA in August 2023 and lived with her. Is any of these...

Help Me With Employer HSA Contribution Questions

Ask Us Anything Dear Brass Tax Presentations, When the owner of an S-Corp makes an employer HSA contribution. How is it treated on the shareholder’s personal tax return? Thank you!   From Brass Tax Presentations If an S-Corp makes employer contributions to...