asked
I have two children in college who live primarily at school and a 16-year-old who lives with my mom against my will. My mom pays for much of their support, including college expenses. Can I claim them as dependents and the American opportunity credit for tuition paid as a gift from my mother?
April 26th, 2024
Can a Delaware LLC issue stocks to investors, and what are the legal implications of an LLC electing to be taxed as a REIT or C Corp?
October 29th, 2023
My mother passed away last year, and per her will, I distributed her checking account funds of $145,000 to my siblings. I was also on the checking account as an executor and power of attorney. Am I in jeopardy of tax problems for these distributions, especially since I live in Illinois and each distribution was $15,000?
March 20th, 2024
If I buy a property now, do I need to fill out the W-4 form again at work, and what happens if there is no federal tax deduction on my W-2 even though I filled out the W-4?
January 29th, 2024
My single-member LLC registered in Arizona paid a Canadian company over $85,000 in 2022 for certification services for US companies. How do I claim these payments on my taxes, and do I need to send anything similar to a 1099-MISC to the Canadian company?
May 28th, 2023
I never received my 2020 stimulus money, and it was given to the wrong person by the IRS. I have no clue who got my money illegally. What should I do?
October 2nd, 2024