Is child support payments supposed to be filed with your federal or state tax returns, and how can it be determined what is being accurately paid if it's not being reported to the IRS?

March 14th, 2024

I have a property in an S Corp fully owned by me in Michigan. I want to transfer the property from the S Corp to myself personally to avoid filing separate tax returns each year. What steps should I take, and what are the potential tax implications?

July 29th, 2023

How can I minimize the tax on capital gains from the sale of a house that was left to me in a realty trust? The house was not my primary residence, and I received a check for $116,200 from its sale. My regular income is approximately $60,000, and I have been retired for 15 years at the age of 79.

March 17th, 2024

I am starting an online business selling products on Amazon in the US market, but I am not a US resident and do not reside in the US. What taxes am I required to pay in the US and in my home country? Additionally, if I set up an LLC or corporation in the US for easier management of the online business, does that change where I pay taxes? Which business structure is best suited for an online business?

February 1st, 2024

What should my response be to my property management's form?

May 10th, 2024