asked
One of my clients requires that I receive commission payments into my personal account until my Broker's license is finalized, however, the money really belongs to my LLC (not a single member). If I deposit the funds and immediately cut a check to the LLC, how can I avoid having to claim it on my personal return since it was business income and not claim it as income on my business return but as a member contribution/equity?
September 9th, 2023
What will my tax be if I make $13.00 an hour working 20 hours per week, and will paying into Social Security while working increase my monthly Social Security check?
July 16th, 2024
Should I mention the $7000 I sent to India via Western Union to the IRS, or is it fine not to file this amount since my husband already filed for the $100,000 he sent to his parents, and my amount is not more than $10,000?
January 10th, 2023
I owe IRS taxes for 2001 and they are taking money out of my SSI check every month. How do I know what the assessed date was, and if it's close to 10 years, will they step up the amount collected each month? Could they take my car, which is my only property?
March 30th, 2024
As a non-US citizen and non-resident who lived in the US for approximately 2 years (2006 and 2007) and has been back in Brazil since 2008, am I required to file a tax return form 1040 for 2010 if I made profits from stock market transactions in the US, and if so, what form should I use?
May 5th, 2023
My IL corp. dissolved in 09. It had unpaid state payroll taxes dating back to 07-08. I received a statement yesterday notifying me (personally) of collection action. Am I personally liable? The tax amount is $2603.59. Penalties and interest is $1343.40. Total = $3946.99.
March 17th, 2023