If I receive a property from my parents as a gift and return it back to them in the same year, do I need to report both gift actions, or is it not considered as a gift action at all?

July 13th, 2024

Can our LLC pay for my and my wife's Part D insurance premiums if I receive Medicare and the LLC is treated as a disregarded entity?

January 7th, 2024

I went online to pay the taxes on my deceased grandmother's property located in Jackson County, and I found out that it was sold as a tax certificate for delinquent taxes. How do I get it back, as I was not employed at the time?

October 25th, 2023

I have a company business and use a car that is in my name only for use in the business. I am told that I need to have this auto in the company name and the bank where I have the loan will not just add the company name to the loan. The bank says it will need to generate a new commercial loan at higher interest rates and also new DMV fees. Is there another way to handle this problem? Right now my business is depreciating the auto and writing off the interest expense on the loan.

January 9th, 2023

What does it mean to be a beneficial owner receiving compensation for personal services performed in the United States and whether to use Form W4 or 8233 while filling out Form W8-BEN as an international student working on OPT?

September 16th, 2023