I became the trustee of my family trust fund with Alliance Bernstein in 2005 after my brother's death. I have managed the yearly information with my other assets. This year, H&R Block attempted to complete the Trust Fund form for my taxes, but I only have the last four digits of the account number. Alliance Bernstein informed me that only the IRS can provide the full account number. How can I obtain this number to complete the form on time?
April 19th, 2023
How do I make a payment plan for my federal tax debt?
December 14th, 2023
Will the equity section of an S-Corporation, which has Additional Paid-in Capital of $219,000 and Capital Stock of 1,000, have any of its components zeroed out when closing out the Assets and Liabilities?
September 3rd, 2024
For sales tax purposes in NY, should I consider the actual amount received from Groupon as my taxable income, not the gross amount reported on the 1099-K form? Also, can I pay sales tax annually for the period from January to December 2023 if my business qualifies? Additionally, for my 2023 taxes, should I report the income as the amount on the 1099-K and then deduct Groupon's commission as an expense? If I'm self-employed, can I deduct my own salary as an expense?
January 29th, 2024
I formed my LLC in December 2023, and there were no sales or income before January 1st. Do I need to file year-end taxes for the 15 days we were formed, and will we be required to file quarterly estimated tax payments this year?
January 6th, 2023
My tax return was returned to add my dependant's IP number. He doesn't have an IP number. What should I do?
January 12th, 2023