How should I classify my wife's employment for tax purposes? She works from home doing drafting for a small surveying company and did not receive a W-2 or 1099. What forms need to be filed, and how does this affect her self-employment tax and potential deductions?

March 17th, 2023

I am being sued over my Home Depot credit card. I am a senior receiving less than $1,000 per month in Social Security. What can they actually do to me? Can they take my Social Security, my small savings account, my upcoming stimulus check, my small TIAA-CREF annuity, my Etsy shop earnings, or my home? If they take a lien against my home, can they force me to sell it or do they have to wait until I refinance or sell it at my convenience? I am located in North Carolina.

April 11th, 2023

We received a notice about the second economic impact payment (EIP2) stating that a $1,200.00 payment was issued by direct deposit, but it hasn't been received yet. Additionally, my husband thought our next payment was supposed to be $1,400.00 per person, not $1,200.00. Could you please clarify these issues?

December 3rd, 2023

I want to dissolve my LLC with the California Secretary of State using short-form dissolution. Do I need to pay a franchise tax to the California Franchise Tax Board (FTB) or meet any other requirements after filing the short-form dissolution? Additionally, I have not conducted any business, filed my articles of organization on October 29, 2020, and have a few questions regarding reportable transactions on Form 5472 and the $800 annual LLC fee waiver due to COVID-19.

December 30th, 2024

My father deeded his house to me in Massachusetts this year, and we plan to sell it. What will be the tax implications for both of us?

November 12th, 2023