I am a Vietnamese person looking to set up a company in the US to conduct business in Vietnam. Is this possible, and if so, what type of company should I set up? Additionally, what is the tax rate for my company to do offshore business in Vietnam?
November 9th, 2024
Last year's tax return was amended by the IRS due to Social Security payments. Where can I find out how much of our Social Security is taxable, and where can I get a hard copy of Publication 915 since my library is closed?
May 9th, 2023
I have a new address. My current address is *************** in Melbourne, FL. My license number is *****. My current number is H*************. How can I update my address with the IRS?
June 21st, 2024
I just retired at 73 and have a pension of $30K. I plan to take the lump sum and need to know the required withholding for state (Minnesota) and federal taxes. I will be living on Social Security only, which is $2456 monthly before Medicare and insurance deductions.
November 23rd, 2024
Is there a problem with an S corp shareholder converting his debt to preferred stock ($250,000) but selling stock to his employees for a much lower price per share?
December 8th, 2023
My father passed away in December, and I am doing his taxes. In October, I had to access his traditional IRA to pay for his long-term care facility. I withdrew $22,000, and when I entered this withdrawal into his tax return, it appears that he was taxed almost 30% on this amount. Is this correct?
July 27th, 2024