asked
I am from Las Vegas, NV and served as a missionary abroad from Dec. 10, 2020, to July 27, 2021. During this time, I didn't have access to my normal email or bank accounts. Upon returning, I found that recurring payments, including a $2 charge from Google for storage, had been sent to my paid-off credit card, resulting in late fees and a collection issue, significantly lowering my credit score. Is there any way to fix this or dispute it as a hit against my character in repaying debt?
May 12th, 2024
I checked my refund status online and it shows no return filed for tax year 2020, which I filed late around 11/21/2021. I know the service is running behind due to COVID-related delays. Does this mean my return was never received, or is it just not yet recorded? Should I refile?
July 15th, 2024
I need help converting my LLC to an S Corp. The company I'm working with is asking for details on shares type, number of shares, and shares par value. Additionally, I need to know how to register my wife on the S Corp along with me. Can you provide guidance on these matters?
September 7th, 2024
A taxpayer had an LLC formed in Ohio for several years and made an S election effective 1/1/21. She moved to NY in 2022, where the S election is less tax advantageous than being a Schedule C filer. Should she revoke the S-corp election, then register in NY as a foreign entity, or close the Ohio entity and open a new LLC in NY?
September 2nd, 2023
My brother died and I received an insurance policy of $1.151 million. Do I have to fill out a form and do I pay taxes on this money? I am a 53-year-old widow with no dependents, located in Ohio, and made $52,000 in 2021.
November 23rd, 2024
I am an American citizen with residency in Brazil but no permanent address or bank account in Brazil. My business is completely online and offers content creation services. Do I need to file taxes in Brazil on money I’ve made through my business in the United States?
August 13th, 2024