My wife, who is from Singapore and has US citizenship, is set to receive approximately US$200,000 from her share of her late uncle's estate in Singapore. What taxes, if any, are due on this inheritance, and how should she bring the money into the US?
September 30th, 2024
I didn’t receive any 1090 forms from the IRS this year and can’t do my taxes. I changed my address in 2018 to Robert Felder, 4940-A Chisholm Rd, Johns Island, SC 29455. I would like help in getting my taxes done for 2018. I have been on disability since 2018 and haven’t had any changes in how I file.
February 17th, 2023
For an employee who joined on 18 Mar 2018, with a company pay period from 17 Mar to 30 Mar, should their pay be prorated by deducting one day’s pay, and if so, how much should be deducted for a day’s pay?
June 11th, 2024
I have a C-Corporation that acts as a holding company for several wholly-owned subsidiary LLCs. I am a 20% shareholder in the holding company. Can I deduct employee expenses if I work for one of the LLCs, and am I able to receive a wage from the LLCs? Additionally, if the holding company wants to hire a manager for any of the LLCs, how would that process work?
March 11th, 2023
I am a resident of Indiana and worked in both Indiana and Oregon last year, earning most of my income in Oregon. I used TurboTax to do my taxes and it indicates I owe $3600 in Indiana state tax, even though I only earned $9000 in Indiana and paid $300 in income tax on that amount. Does this seem right, and how should I proceed with my tax filing?
April 30th, 2024
Can I still file an amended return for the 2016 tax year if I had to pay for that year?
October 25th, 2024