asked
How should I handle estimated tax payments after converting a sole proprietorship to an LLC taxed as an S-Corp, and how do I ensure my W-2 withholdings are accurate and sufficient given my multiple income streams?
July 10th, 2023
I have not filed taxes as I am in rehabilitation. I am 84 years old with no dependents and made about $14,348 in 2021. I used AARP to do my taxes last year and am not taking itemized deductions, just straightforward ones. Do I need to file taxes this year, and is there any AARP volunteer who would do my taxes for a low cost?
November 17th, 2023
What can be included when calculating the adjusted basis for a property, such as a home, and what determines the capital gains tax rate?
June 26th, 2023
I’m an ex UK citizen and I’m now a US citizen. I have 7 UK rental properties with mortgages that I will be able to pay off soon. Before I do so, would it be best for me to pay them off and purchase them through a US LLC? How does that affect my tax situation? Will I still have to submit a UK tax return? Apart from the properties, I have no other source of income.
March 15th, 2023
How can I get my stimulus checks? I have never received any checks. I am on social security and a non-filer. I am 67 years old without any dependents. My husband died in January and received all his checks, but I never did. My typical filing status is non-filer, and when we filed years ago, my husband's name was first on tax forms, so I guess my name was not picked up to send my checks.
September 26th, 2023
In March of this year, I mailed a payment of $601.00 to Kansas City, Kansas, instead of Binghamton, NY, for taxes owed from the previous year. The check was cashed, but the correct recipient did not receive it. I had to send another check to Binghamton, NY, with interest. How do I get my original payment back?
March 2nd, 2023