I became a Legal Permanent Resident (LPR) in February 2014 and started filing tax returns from 2019. For the years 2014-2018, my income was below the IRS minimum required for filing (less than $25k filing jointly) and I do not owe anything to the IRS. Should I file 1040 for the years 2014-2018 even if I was not required, especially for Naturalization purposes where they ask if I have filed for all years?

February 23rd, 2024

I have shares in a Canadian private company that I am returning to the company in exchange for some assets. The shares were acquired in 2018 at $0.01 each, and the company now values them at $0.05 each. I don't want to pay capital gains tax on the difference. How can I structure this transaction to avoid capital gains tax?

March 31st, 2023

When will I get my payment? I have not received my stimulus check, which I was supposed to receive last week on the 14th.

February 9th, 2023

I need to file 2021 taxes and have already filed 2020. What form should I use, and can I send in a basic form before it's completed?

January 5th, 2023

I am a disabled individual, and my property tax bill has increased to $1,681.00, which I cannot afford as I am barely getting by on my disability checks. I live in Texas, zip code 76450, and the taxes are separate from my mortgage. What options do I have to manage or reduce my property tax liability?

October 11th, 2024