asked
I have inherited a property and have not yet transferred the title to my name. How can I avoid old Kansas tax debts from being attached to the property, especially since the tax debt is related to a dissolved C corporation and I have not been contacted about this matter for approximately 15 years?
August 20th, 2023
If a guarantor assumes a recourse loan with a non-recourse guarantee, and the lender closes the borrower's loans, would the IRS consider the borrower's loans forgiven, and could the lender send the borrower a 1099-C while still collecting from the guarantor?
June 24th, 2024
I purchased my house in September 2015 for $63,500. I lived in it until July 2017 and then converted it into a rental property. When I sell it, what part of the sale price is subject to capital gains tax, and how does the time I lived in the house affect this?
October 2nd, 2024
I want to make payments on City Real Estate Taxes. I owe last year's taxes, and I have until February 2020 to pay this year's taxes. Which should I concentrate on at this moment?
August 10th, 2023
Can a US person living abroad own an S corporation and pay themselves a salary to reduce self-employment tax? What are the rules for this situation, and is it a good option to reduce self-employment tax?
April 29th, 2024
I haven't filed taxes since 2016. How can I start the process of resolving this and what are the steps to file for the years I missed?
July 14th, 2024