Can a US person living abroad own an S corporation and pay themselves a salary to reduce self-employment tax? What are the rules for this situation, and is it a good option to reduce self-employment tax?

April 29th, 2024

I haven't filed taxes since 2016. How can I start the process of resolving this and what are the steps to file for the years I missed?

July 14th, 2024

My mother lives in Florida and is considering maintaining two residences, with a second one in Pennsylvania. Would she end up paying taxes in both states? Would she pay taxes on interest income and social security? She is fully retired at 76 years old and a widow.

January 14th, 2024

My husband and I filed jointly for the tax year 2020 and paid a balance of $1,710.88 to the IRS on 12/16/2021. However, we received notices dated 1/3/2022 stating that we still owe $1,715.80. I checked my bank statement, and the payment was made. Do we need to pay again, or can we disregard these notices?

June 11th, 2023

What is my current age and retirement age, and is there anything else the Accountant should know before I connect with them?

May 25th, 2023