For taxpayers who sell gift cards, when do they claim a tax deduction for the cost of the goods or services: is it when the gift card is sold initially or only when the gift card is redeemed by the customer?

June 1st, 2024

A 501(c)(3) organization was revoked in August 2018 for not filing required forms with the IRS. The organization has not filed any forms since and has no records available. What forms need to be filed to reinstate the tax-exempt status, and how should past years be handled?

May 18th, 2023

I am a foreigner investing in a startup in the USA and need to determine which tax form (W-8BEN or W-8ECI) to fill out. I haven't filed taxes yet and am currently living in Switzerland but moving to Dubai next month. What form should I use and what actions should I take once I start earning income?

August 29th, 2024

I have a problem with my ITIN number. I sent my documents, but I haven't received an answer. I received a letter with a case number, but the phone number provided does not answer. What should I do?

June 23rd, 2023

I need help filling for my Recovery Rebate Credit. I received a letter from the IRS stating that I may be eligible for the 2021 and possibly the 2020 stimulus payments. What steps should I take to claim these payments?

November 19th, 2024