asked
My husband is deciding between a LLC and an S-Corp. He is a real estate agent and wants to know the main difference. We are both 26, located in Iowa, with no dependents, and we file jointly. In 2021, he will have made $200K and I will be around $75K.
September 10th, 2023
I'm in the middle of a divorce and we sold a house in October of last year. Do we have to file taxes together?
October 14th, 2023
What is my residency status for tax purposes as a Canadian working in the US on a TN Visa, having moved to the US in May and currently working remotely from Canada?
April 21st, 2023
I work from home in Nevada for a California company in San Francisco. I am a licensed insurance agent in Nevada with a California non-resident insurance license. What state labor laws for overtime would be used, and which state's taxes should be deducted from my paycheck, Nevada or California?
June 13th, 2024
I would like to know if the IRS has already received my payment for the 2020 tax year, as I keep receiving letters indicating I owe a debt.
December 16th, 2023
My father-in-law, who is 89 years old and was under a doctor's care for a UTI, closed out his IRA worth $55,000 and transferred the funds to his checking account. He later opened a new IRA with the same bank. He received an IRS bill for over $12,000. We believe he is entitled to relief due to his mental and medical state at the time of the initial IRA closure. How can we resolve this issue with the IRS, and what steps should we take to prepare for a potential hearing?
May 4th, 2024