asked
I live in Michigan and recently bought a duplex as my primary residence, living in one unit and renting out the other. Do I need to pay capital gains on my rental income, and if so, is there any difference if it's my primary residence? Also, what form should I use for reporting this rental income, and are there any state-specific rules I should be aware of?
May 26th, 2024
I am 71 years old and will be starting a part-time job making $13/hr. How much can I earn without reporting the income, and is my employer required to take out FICA? I've been collecting social security for 7 years, and my income is low enough that I currently don’t pay federal income tax.
April 14th, 2024
Is my company liable for state sales tax on imported items to Texas if we import directly from overseas companies, especially when Alibaba is collecting and remitting sales tax on similar items?
August 27th, 2023
I need to get a copy of my social security benefits for the year 2020. Which form do I need to retrieve?
April 22nd, 2023
When setting up a 2-member LLC in Hawaii to be taxed as a partnership, can one member claim all the taxes while the other member claims no profits/gains on their K1, and what are the requirements and potential issues associated with this arrangement?
October 11th, 2024
I haven't received my 2021 tax refund yet. I was told I need a 15-digit trace number. My account online says the refund was sent via direct deposit, but I never received it. I owed some money, and the IRS took their portion, but I never received the balance of $2000.00. Can you help me, or provide a phone number to a representative?
August 6th, 2023