If a Sub-S corporation voluntarily dissolves (not through bankruptcy), will any unpaid portion of an expense included on previous year's tax return under accrual accounting need to be taken back into income for the current year? Are there any exceptions?

November 19th, 2024

I am a non-US resident contractor working for a US company in Belarus. I visit the US for 1-2 months a year. What are the current tax reporting liabilities for the company before the IRS, and how would they change if I became a minority shareholder or received stock options instead of an outright ownership stake?

April 14th, 2023

I did my mom's taxes for 2015 and mailed the return around April 5th. The IRS website's "Where's my refund" tool says they have no records of it. My mom is 93 and a little senile, so she can't call the IRS herself. Does this mean they never got the return, and should I resend it? If so, where do I send it?

October 23rd, 2023

Can I claim 9 dependents on my W4 without getting into trouble?

June 18th, 2023

I filed a joint tax return with my undocumented wife, but I did not include her off-the-books income of approximately $20,000. What are the potential consequences, and how can I amend this situation?

March 29th, 2024