I live in Florida and plan to open a distributive company selling merchandise overseas, specifically to Ukraine, Russia, and Israel. I need to understand how sales taxes work, what reports I need to submit to the IRS, and how federal taxes are paid, especially since I am also a full-time employee.

November 7th, 2024

If I made $900.00 but no federal tax was taken out of my pay, and I have 3 children and am the head of household, what is my estimated tax refund?

June 12th, 2023

I have been a 30% partner in an LLC business for the past 4 years, and my partner has been unresponsive. We have agreed to dissolve the business, but I have no access to the books and the business account. I want to know if I have the right to collect my 30% distribution from the business account without my partner's consent, and how I can legally separate myself from the business to avoid future involvement.

June 16th, 2024

On a form 1120 - Schedule K question 11 - If you have a Net Operating Loss (NOL) and you do not check the box to forego the carryback period, can you just carry the loss forward or do you have to carry it back?

January 28th, 2023

If I sold a house last year and now selling my second one, how much exclusion can I claim?

April 2nd, 2024