asked
I have an S-Corp in California and plan to invest most of the income back into business, real estate, crypto currency, and other assets for 2024. Should I keep the CA S-Corp or dissolve it and form a Wyoming LLC instead? Additionally, if I am currently living in South Korea and my business is 100% online, do I still need to pay CA income tax? Can my CA S-corp acquire real estate or crypto currency as investment assets for write-offs, and are there requirements on how long I need to hold these investments?
May 25th, 2024
Is Form 8300 required if a company sells a vehicle (or any other capital asset) for over $10,000 and receives the payment in the form of cash?
March 12th, 2024
Can I go to the Decorah, Iowa office to get a new Social Security number, and what do I need to take?
April 21st, 2023
What is the difference between a 501(c)(3) and a 501(c)(8) organization?
March 25th, 2024
If I receive a gift of $200K in one year, do I have to pay taxes?
October 20th, 2023
I am fully supporting my mother and filing her as a dependent on my tax return. I am paying her health insurance premium which is outside of my current Employer's coverage. Can I make her premium payments, copays, etc through my FSA through my employer? Also, my wife and son are dependents upon me and will be residing in India for the year 2013. She will not have any income from India. I will be filing a joint return for my federal taxes. What would be the best way to file the VA return?
June 26th, 2024