asked
Someone lied on their tax returns and claimed my two sons, who I am the primary caregiver for. I am located in Indiana, 33 years old, made approximately $26,000 this year, and filed as head of household. How can I take legal action against this person and ensure I can claim my sons on my tax return?
November 10th, 2024
If my 16-year-old child earned $13,000 in 2022, can she claim herself as a dependent on her own taxes and receive the child tax credit if nobody else claims her?
April 14th, 2023
I have a Single Member LLC that I just requested to be taxed as an S-Corp. I am looking to take advantage of Section 179 and/or Bonus Depreciation for a vehicle that I will purchase this year (2023) and use for the company. The vehicle will be an SUV at or above the 6,000 lb. requirements. My questions are: 1. Must the vehicle be purchased, not leased? 2. Does the vehicle title, financing, etc., have to be in the LLC name, or can it be purchased personally by the single member of the LLC? 3. For 2023, Bonus Depreciation is reduced to 80%. Is there a way to increase this to 100% by leveraging both Section 179 and Bonus Depreciation? 4. Business use will be at least 85%-90%. How can I maximize the deduction?
October 21st, 2024
As a U.S. citizen, how much can I inherit from my parent (a green card holder who passed away outside the U.S.) without paying taxes on a U.S. real estate property in Florida?
April 8th, 2023
My bank account was hacked and I need to provide my new bank account number to Social Security. How can I update my direct deposit information with Social Security?
May 29th, 2024
How can I get my latest taxable income for submitting it to immigration for my visa application?
April 28th, 2023