asked
As a unit owner in a Nevada HOA, the board is delaying and obfuscating the production of the 2022 audited financial statements and has not provided the 2019 audited financial statements. The board is also delaying in providing documents related to a $500,000 'investment' mentioned in the 2021 audited statements. According to NRS 116.31175 (3), if the board fails to provide requested information within 21 days, they must pay a penalty of $25 per day. To whom does the board pay this penalty, and is it correct to say that the failure to provide records within 21 working days creates a rebuttable presumption of willful non-compliance in Nevada?
December 18th, 2024
I'm setting up an LLC for real estate investing and wondering if I should be taxed as an LLC or an S Corp. I have a W2 job that pays me $250K per year, and my initial real estate income might be lower, but I hope it will grow to replace my W2 job. Should I choose one over the other for tax purposes?
January 10th, 2023
I rolled over some taxable IRA money to a Roth IRA and need to pay an estimated tax for this year. What form do I use for married filing jointly for 2023?
September 23rd, 2024
I started investing with a company, but I'm not sure if it's real or fake. How can I verify if the company is legitimate, especially since they are relatively new and have upgraded their website recently?
November 29th, 2023
How should I report the balance sheet for a foreign corporation on Form 5471 when the fiscal year ends in July, and how does this align with the U.S. person's tax year?
April 18th, 2023
I am trying to retrieve my 2021 tax return W-2 forms. I worked for GardaWorld security and Shelby County Government in 2021, and my income was approximately between $60,000 to $64,000. What steps should I take to obtain these forms?
April 13th, 2024