When preparing a corporate tax return, we add back into income the personal use of corporate property, such as a company automobile, and the 50% meals and entertainment expenses. Is the personal portion of the automobile use and the 50% meals add back considered constructive dividends even if the corporation took no tax deduction for them? Additionally, is the add back of officer life insurance premiums, which are paid by the corporation but not deducted, considered a constructive dividend?
September 6th, 2024
As an international freelancer residing outside the US and being paid by a US company through a US bank account created during my time as an international student, do I need to file any US tax documents or pay taxes on this income?
March 7th, 2023
I have a Pay as You Go plan and missed the last day to add money. Can you help me add money via a credit card and reactivate the account if needed? My phone number is (###) ###-#### and the account number is ###-##-####.
November 4th, 2024
I am a British national with permanent and tax residence in South Africa, a 5-year residence card for Portugal, a 10-year Greek non-tax resident card, and a British inheritance. I currently have no fixed address and need advice on where to be tax resident and how to manage my tax affairs across South Africa, Portugal, Greece, and the UK to be legal and financially expedient. I want to maintain residency options in these countries and need clarity on residency and tax status in each, especially regarding my Portuguese tax residency which I believe was incorrectly established.
April 5th, 2024
What documents does my husband need to provide to a tax preparer for filing his business and personal taxes, and how should he handle an accidental second EIN number for his Single Member LLC?
July 23rd, 2023
How can I file my personal tax return on the IRS website?
January 31st, 2023