I never received my $250.00 or $300.00 refund under the Bush administration stimulus program. I was informed I would receive this money regardless of my tax status. How do I file to get this refund?

September 4th, 2023

I own a US-based single-member LLC taxed as an S-Corp. Suppose my business earns a net profit of $100,000 in 2010 and I choose to pay myself $30,000. How will my business and I be taxed, and do I pay FICA taxes since I live outside the US and am not a US citizen?

May 17th, 2024

Does the state of NJ follow the Federal Debt Forgiveness act of 2007 for a primary residence sold under a short sale? What is the section / code I can find this under?

August 25th, 2024

I am a healthcare provider filing a 2009 Federal Tax return and have several tax-related questions: 1. What expense category should I use for outsourced patient billing services, practice advising, and practice management fees? 2. What category should gym membership fees fall under if they are for client physical rehab? 3. Where should I place the purchase of a digital x-ray machine for Section 179 deductions? 4. Is a 2000 Lexus RX300 SUV, bought for business use, 100% deductible under bonus depreciation? 5. How should mortgage interest, utilities, and home association dues be deducted if both my wife and I operate businesses from home? 6. Should I incorporate as an S-Corp, and what are the tax implications compared to being a single-member LLC? 7. How do I handle bad debts from a Sole Proprietorship that is being closed?

June 18th, 2023

How can I get a copy of my 2006 Federal Tax return?

December 12th, 2023