asked
Our daughter helps us out by doing some cleaning around our house. I return by giving a little cash weekly. Does this create any tax obligations?
March 20th, 2024
What happens if we never paid any amount to maintain the corporation? What should I do now? How much do I need to pay and to where?
April 3rd, 2023
What was the capital gains tax rate in California for 1983 or 1984? Was it different from the California ordinary income tax rate?
March 6th, 2024
If an LLC files as a partnership but has no income in the year, only a $200 expense, and all members are foreigners with no other income in the USA, do they still need to file Form 1065 and K-1?
January 20th, 2023
When should we amend the State tax returns after being audited by the IRS for tax periods 2008-2009, given that we agree on all but one issue which is pending at the Tax Court?
June 19th, 2023
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