asked
I have a construction company that after 33 years did not make it. It has a 4 million NOL and I want to sell it. Can I and how?
December 17th, 2024
I received an ICO Rejects team FSPC letter for the taxes I filed for my deceased mom. The letter doesn't specify what else they need, and it mentions not to respond with a Form 1040X Amended U.S. Individual Income Tax Return. What should I do to resolve this issue?
October 31st, 2024
As a resident alien domiciled in a community property country, can I treat my nonresident alien spouse as a U.S. resident for tax purposes and file a married filing jointly (MFJ) tax return using community property rules? If so, how should we allocate our income and file Form 8958?
October 20th, 2023
I have a Ford Focus with disabled road tax that I need to scrap, and I have bought a new car, a Mondao, which I want to have the disabled road tax on. How do I transfer the disabled road tax to my new car?
April 12th, 2023
My mother died of mesothelioma and I am the executor of her estate. We receive settlements from companies that are mostly bankrupt but have left funds to resolve claims. Are these settlements taxable, and how do I enter them on form 1041?
May 16th, 2023
I did not file my corporate taxes for the last 3 years, resulting in my corporation being dissolved by proclamation in New York. The corporation was always inactive. What is the best course of action: filing the missing years or letting the corporation dissolve? Additionally, what are the potential personal liabilities and chances of reducing penalties if I file the missing returns, given that I was never in business?
April 12th, 2023