My January deposit got lost when my bank changed my account. How long have you been receiving benefits, and have there been any changes to your direct deposit account? Is there anything else the Social Security Expert should know before I connect you?

April 15th, 2023

I live in Missouri and work remotely for a company in Louisiana. My W-2 shows both Missouri and Louisiana state taxes taken out. Do I owe taxes for both states?

January 18th, 2023

What is the Part IV tax on dividends between associated companies, how is a tax-free withdrawal from the Capital Dividend Account reported on the Corporate T2 tax return, and how is the situation where a Family Trust receives a tax-free amount from a Capital Dividend Account reported on the Family Trust T3 return?

April 19th, 2024

I have an Airbnb business with my husband, and we are a multi-member LLC. Should we use Schedule C or Schedule E for tax reporting, and do we need to file a 1065 partnership return? If we file Schedule E, is there a way to show our business as active to avoid passive income reporting?

June 3rd, 2023

I have incorporated a Delaware C corp. with 750,000,000 authorized shares with a par value of .0001. I am selling 50 million shares to accredited investors through Reg. D 506 (C), 10 million at $1 each and 40 million at $2 each. I want to get 500M shares issued to me. What are the tax implications of issuing and selling these shares, and how can I structure future capital raises to avoid unnecessary taxes?

November 1st, 2023