I am a permanent resident in the US and own a company abroad. I plan to buy goods in China and sell them to an overseas company, generating revenue for my company. What are my tax obligations and do I need a resale tax certificate?

April 9th, 2024

My financial advisor forgot to send federal and state taxes for the 2023 tax year. I am located in Ohio, 81 years old, and filed jointly with my spouse, earning around $201,000. I am short around $32,000 in federal and state taxes. My IRA now has an extra $32,000 due to Roth conversions, and I cannot take out anything for 2023 taxes without penalties. What should I do, and are there any other tax consequences I should be aware of?

January 2nd, 2023

I have been granted withholding of removal about 20 years ago and have been renewing my work permit each year without problem. I am 61. Will I be able to receive social security at 62? I am not a permanent resident and no green card. I have worked in the US for about 15-20 years and paid FICA withholding during those years.

September 17th, 2023

My payment is automatically deducted from my bank account. I just got a new debit card and want to ensure the correct information is used for next month's payment. Are you the only one with access to this bank account? Is there anything else the Computer Expert should know before connecting?

December 4th, 2024

I am a real estate agent in Washington state with an S-CORP and an income of $70,000-$90,000 from real estate commissions. I need to trade in my leased SUV with high mileage for a new work vehicle. Is it advantageous to buy a truck or SUV over 6000 pounds to take advantage of the Section 179 write-off, and how does this differ if the vehicle is under 6000 pounds? Does it matter if I use a car loan for the purchase?

June 26th, 2023