If a Chinese company sells products online to the U.S. and builds an inventory in the U.S., what taxes and duties are they responsible for, and should they register as an international company or a U.S. company? Which U.S. state would be most tax-friendly for warehousing?

May 27th, 2024

I filed an extension and paid my estimated taxes on April 15, 2015. I am unsure whether to file my 2014 return today or wait a few days to ensure accuracy. Will there be substantial penalties for filing a few days late? Will this increase the likelihood of an audit? Should I file an e-return now and then file an amended return later if needed, or wait to file a more accurate return in a few days?

February 15th, 2024

What is the best way to pay for a monthly car payment from a Sole Proprietorship without increasing my tax liability?

November 17th, 2024

A CPA company hasn't had anyone on payroll for three years. If a salaried person is paid in stock on August 15th, when are the payroll taxes/statement due? Is the company late, and is this a significant issue if no payroll taxes were withheld?

September 11th, 2024

I earn $164,000.00 a year and will receive a bonus of $472,000.00 this year. My employer allows me to spread the bonus over the next three years. What is the best way to take this bonus, and is there a way for part of it to be deposited into a retirement account before taxes?

September 20th, 2024