asked
I received a lock-in letter from the IRS due to an honest mistake on my W-4 form where my wife and I both claimed deductions. We have been paying taxes and are on a payment plan. Will this impact my employment, especially since I am in the financial services industry, and how can I address this situation to avoid potential issues?
October 18th, 2024
I received a lump sum amount of $100,000.00 from my mother's trust account, which was to be used solely for our home mortgage. How should this be reported on our tax return?
June 9th, 2024
Can somebody with a 6-month resident permit be considered as a dependent in tax return filing, and if so, under what conditions?
April 25th, 2024
As a Mary Kay independent consultant, how much of my business expenses can I write off, and does this mean the amount I paid is returned to me?
May 5th, 2024
I just discovered that my tax form for 2018 was not electronically filed as I had requested. What should I do?
March 8th, 2023
As an accountant for a public company, we have salespeople who give large gifts (up to $2,500) to major customers. What are the tax consequences for both the company and the recipient of these gifts, and how should the reporting be handled?
March 10th, 2023