If I sell a vacant lot received as a gift from my parent in 1995, which was inherited by my parent from their parent, what are the tax ramifications, and how much tax would be due on a sale price of $750,000?

March 19th, 2024

I am a 31-year-old Ukrainian with a 786 visa allowing me to live and work in Australia for 3 years. I have an overseas contract with a US company for consultancy services, and I am here for less than 3 months with no income from Australian sources. The company is about to cease the contract and pay out my earnings, which is a significant annual payment. Should I pay taxes in Ukraine or Australia for this income?

December 26th, 2023

I am on SSDI and want to start a non-profit e-commerce business that helps veterans with back pain through product giveaways. I plan to make $500 a month as salary and outsource tasks. I am concerned about losing my SSDI benefits. Should I form an LLC or S-corp, and how can I ensure I do not lose my benefits?

April 30th, 2024

I am trying to get a copy of an authorization for SS4 to obtain apportioned plates. We have our EIN number but need a letter from the IRS confirming it, as we received the EIN 40 years ago. How can we obtain this confirmation letter?

March 15th, 2024

I am selling my house that I acquired in January 2021 for $96,000. I have lived in it for 18 months and am moving due to job relocation, which is 50 miles away from my current house. I am wondering about the capital gains tax and if I qualify for any exemptions or exclusions based on my circumstances.

October 6th, 2023