I live and work in Finland for a US company located in California, and I receive a 1099 form at the end of the year. My Finnish bank is requiring me to fill out a W-9 form. I have filled out the form with my name, address, tax classification (individual proprietor), and my social security number, but I am unsure about what to put on line 4. Do I need to fill out line 4, or can I just sign the form and submit it to my bank to ensure the US does not withhold any taxes since I pay all my taxes in Finland?

March 19th, 2024

My 53-year-old wife has a C corporation from which she takes a salary as an employee and has a solo 401(k) plan with Fidelity. Does she need to take all of her salary deferral, including the catch-up, to total $24k before the end of the year since she's an employee and gets a W-2, or can she wait until April 15th and do it all then?

May 8th, 2023

Can I deduct the cost of sponsoring an event for a non-profit, such as spending $1000 on a social event and raffle, if I receive a charitable donation receipt from the organization?

February 1st, 2023

I received a notice of proposed assessment from the state regarding an adjustment to my 2011 federal tax return. The IRS informed the state of this adjustment without my permission. Why would the IRS do this, and under what circumstances could they make such an adjustment without my consent? Is this an error on my part, and what should I do to understand and potentially challenge this adjustment?

July 19th, 2023

What happens to money put in a defined benefit plan if you leave early?

August 8th, 2024