asked
I received a notice from Global Tax Service in Dubai to pay $150,000 in taxes on a brokerage account with Bitrend brokerage that holds $4.6 million in cryptocurrency. The account is under my name, and Global Tax Service has placed an embargo on it, preventing me from accessing the funds. I do not understand the embargo rules and how to get it lifted. Additionally, I am unsure if the account and the tax notice are legitimate. How can I verify the account's existence and the tax notice, and what steps can I take to resolve this situation?
October 24th, 2023
My husband passed away in June 2023. I am trying to complete our 2022 taxes but I can't find his Social Security 1099 form. How can I obtain this document?
April 29th, 2023
I sold a house last year, but I just received a bill to pay taxes for it. I bought the house from the St. Louis City tax sale and sold it in February of last year. I paid taxes for last year, but I'm now getting a tax bill for this year. What should I do?
August 27th, 2023
Can a Multi-Member Limited Liability Company (MMLLC) deduct a vehicle registered in the name of an individual LLC member but used for the MMLLC's day-to-day business under Section 179? If so, how should the deduction be calculated, and are there any limits to the deduction amount?
January 24th, 2024
How should I handle estimated tax payments after converting a sole proprietorship to an LLC taxed as an S-Corp, and how do I ensure my W-2 withholdings are accurate and sufficient given my multiple income streams?
July 10th, 2023
I have not filed taxes as I am in rehabilitation. I am 84 years old with no dependents and made about $14,348 in 2021. I used AARP to do my taxes last year and am not taking itemized deductions, just straightforward ones. Do I need to file taxes this year, and is there any AARP volunteer who would do my taxes for a low cost?
November 17th, 2023