I live in Missouri and work remotely for a company in Louisiana. My W-2 shows both Missouri and Louisiana state taxes taken out. Do I owe taxes for both states?

January 18th, 2023

What is the Part IV tax on dividends between associated companies, how is a tax-free withdrawal from the Capital Dividend Account reported on the Corporate T2 tax return, and how is the situation where a Family Trust receives a tax-free amount from a Capital Dividend Account reported on the Family Trust T3 return?

April 19th, 2024

I have an Airbnb business with my husband, and we are a multi-member LLC. Should we use Schedule C or Schedule E for tax reporting, and do we need to file a 1065 partnership return? If we file Schedule E, is there a way to show our business as active to avoid passive income reporting?

June 3rd, 2023

I have incorporated a Delaware C corp. with 750,000,000 authorized shares with a par value of .0001. I am selling 50 million shares to accredited investors through Reg. D 506 (C), 10 million at $1 each and 40 million at $2 each. I want to get 500M shares issued to me. What are the tax implications of issuing and selling these shares, and how can I structure future capital raises to avoid unnecessary taxes?

November 1st, 2023

I need to update my auto monthly deposit information due to my account being hacked in late December and early January. I have new routing and account numbers now. How can I update this information for my next payment on February 8th?

May 24th, 2024