asked
Could a financial planner create a company with his name, such as XXXXX XXXXX, Inc dba The Best Financial Planner, and deposit checks made out to his personal name into that business account, thereby eliminating the need to transfer funds? Is there any legal or IRS issue with this approach?
June 24th, 2023
I keep a home in Seattle but travel to Washington DC for work, staying for about 120 days each year. I rent a 1-bedroom apartment in DC for the days I'm there. Do I owe DC income tax?
January 3rd, 2024
I live in a share house outside Darwin and own a house in Queensland that I rent out. Two years ago, I bought another house in a rural area outside Darwin and have spent a lot of money renovating it. Since this is not my principal place of dwelling, can I claim the renovation costs, and under what circumstances would it be claimable?
May 23rd, 2023
If a person with dual citizenship inherits money from a corporation set up in a tax haven country, would the inherited money be subject to US tax?
August 23rd, 2024
If I inherit approximately $400,000 from my sister's estate in New Jersey, will I be required to pay state and federal taxes on the inheritance?
January 21st, 2023
How can I find my 2011 tax refund for a 1040 tax return that I filed on March 20, 2012, and sent by mail?
October 5th, 2024