I am 80 years old, retired, and in poor health. I received one $1400 stimulus check during COVID but heard I may be entitled to more financial help. I don't make enough to file taxes and can't afford a phone call. What other stimulus payments or financial assistance might I be eligible for?

January 3rd, 2023

In 2015, I exercised a stock option of 10,000 shares with an exercise price of $8.52/share and a Fair Market Value (FMV) of $35.98/share, resulting in a significant AMT tax. Each year, the company issued me a K1, with the last one being for 2021. The stock became worthless in 2021, and I plan to file a capital loss on Schedule D with a basis of $84,000. I also have an AMT credit carryover. How do I claim the AMT credit, is it refundable, and how do I determine the amount for line 2k on Form 6251?

October 27th, 2023

I'm trying to start a tech company with a coworker who lives in Florida. We've heard that registering in Delaware is advantageous for tax benefits. We'd like to know if this is accurate and if there will be any issues since we live in different states. Will we need to file in our respective states as well? What kind of business entity would make sense for us to register in Delaware, and how would taxes be handled if we decide to change the legal structure in the future?

May 3rd, 2023

I started a sole proprietor business in January 2024 and will make money starting this spring. I incurred startup expenses in 2023 preparing for my business. Do I claim these expenses on my 2023 taxes or wait for the 2024 return?

August 12th, 2024

I have a Wyoming LLC and I sell tours in Belize. Do I need to collect Wyoming sales tax, and if not, do I need to fill out a tax exemption form for Wyoming?

January 1st, 2023