asked
I filed for a tax extension in April, which was approved. However, today is the extension deadline and I don't have a relevant piece of information that I needed, which is a PIN number from Vermont Municipal Retirement Department. I applied for the PIN on Saturday. Can I get another short extension without any penalties?
June 2nd, 2023
I bought a house for $280,000 for rental use (business). How do I determine the house price vs. land price for depreciation purposes, and how can I depreciate each asset inside the house separately (e.g., bathroom, cabinets, roof, etc.)?
March 17th, 2024
I received a notice from Global Tax Service in Dubai to pay $150,000 in taxes on a brokerage account with Bitrend brokerage that holds $4.6 million in cryptocurrency. The account is under my name, and Global Tax Service has placed an embargo on it, preventing me from accessing the funds. I do not understand the embargo rules and how to get it lifted. Additionally, I am unsure if the account and the tax notice are legitimate. How can I verify the account's existence and the tax notice, and what steps can I take to resolve this situation?
October 24th, 2023
My husband passed away in June 2023. I am trying to complete our 2022 taxes but I can't find his Social Security 1099 form. How can I obtain this document?
April 29th, 2023
I sold a house last year, but I just received a bill to pay taxes for it. I bought the house from the St. Louis City tax sale and sold it in February of last year. I paid taxes for last year, but I'm now getting a tax bill for this year. What should I do?
August 27th, 2023
Can a Multi-Member Limited Liability Company (MMLLC) deduct a vehicle registered in the name of an individual LLC member but used for the MMLLC's day-to-day business under Section 179? If so, how should the deduction be calculated, and are there any limits to the deduction amount?
January 24th, 2024