I am a Japanese citizen living in Hong Kong and my ESTA has been suspended due to a tax issue when trying to enter the USA. I have made multiple business trips to Las Vegas and Miami this year to attend trade shows, where my company made sales to US wholesalers. I declared the cash from these sales to US customs each time. The last time I tried to enter, I was denied and told I needed to pay tax on our sales. My question is, do I need to pay US tax on these sales even though they were business-to-business transactions, and if so, how do I determine the amount and where do I pay it?

August 3rd, 2023

I am planning to bootstrap my company by starting it as an LLC in Delaware and later converting it to a C Corp before seeking external investment. I want to understand the tax implications and the process of issuing shares for an 83b election. Specifically, I want to know if the initial investment of $250k would pass through to my taxes when converting to a C Corp, and if the shares issued can have a low par value like $0.001 for QSBS purposes.

August 29th, 2023

My wife passed last November and listed me as a beneficiary to her flexible retirement annuity. I plan to enter a retirement center within a few years and will need cash in addition to my income later on as I need care. How should I accept the proceeds of this annuity? Transfer the policy to my name or take a lump sum to add to my savings?

July 8th, 2023

My wife filed our taxes a month ago without informing me, and I haven't received any refunds for the past three years. How can I find out if she has been receiving the refunds?

October 28th, 2024

As a sole member of an LLC hired as the Manager of a service business, would I be able to deduct all expenses including mileage, equipment cost, supplies, etc., on my LLC tax business return?

November 27th, 2023