asked
I have a question about the distribution of inventory from a closing corporation. The sole shareholder receives all the inventory of the closed corporation. He has no basis in his stock. Should I put the value of the inventory at cost as a liquidating non-cash distribution on a 1099 DIV?
July 23rd, 2024
If someone retired and wants to exercise Net Unrealized Appreciation (NUA) due to large capital gains from owning company stocks, how long do they have after retirement to exercise the NUA?
December 1st, 2024
I didn’t receive my tax return last year and was supposed to receive a letter explaining why, but I never did. What steps do I take to receive my return?
March 29th, 2023
I have a small business in Arizona. One of my employees is a citizen of Mexico and here on an F-1 visa under OPT. How much federal and state taxes should I withhold from his paycheck?
July 27th, 2023
How can I get a free copy of my 2021 tax returns, specifically the AGI?
May 5th, 2024
I was audited for the 2021 tax year and was told I owed $834. The paperwork indicates they took out what I was owed, but I'm unsure where the rest of my refund is. Where can I find this information?
September 3rd, 2023