asked
We want to purchase a house through our California S Corporation and live in it. How would that work tax-wise? Do we pay rent to the corporation? What is the best way to do this legally and to avoid an audit?
May 9th, 2024
Is there an age limit for moving funds from a 401K to a Roth IRA? Can a 71-year-old retiree do this?
April 2nd, 2024
For immigration purposes, does the government use gross income or net income for their figures? I make about $70,000 gross income on a 1099, but after deductions, my net income is about $32,000. I am preparing to file a waiver I-601A.
September 2nd, 2023
Can we deduct money sent to support my mother-in-law, sister-in-law, nieces, and nephews in Mexico from our taxes, and what documentation do we need to do this correctly?
September 29th, 2023
Can a client who has received an ITIN (Individual Taxpayer Identification Number) provide this number to their employer for payroll tax reporting purposes?
February 21st, 2023
I own a condominium in Gulf Shores, Alabama, which I have rented mainly in the summer for over 25 years. If I sell it now for an amount between $250,000 to $300,000, what approximate capital gains and taxes would I have to pay, considering I have been writing off repairs, painting, replacing some furniture, and travel costs to check on the property?
September 20th, 2024