Will my sister, as the representative with the EIN for my father who was the sole beneficiary of my mother's $16,000 life insurance policy, have to pay taxes on the combined funds (around $26,000, including $5,000 from my parents' tax refund and $5,000 in my father's checking account) in 2021?
September 26th, 2024
I am planning to buy a house in Dallas, TX with my siblings. My brother in South Korea wants to gift me $50,000 for the down payment. How can he send this money without raising suspicion or causing tax issues with the IRS?
March 18th, 2023
As a self-employed person, am I eligible for sick leave or family leave benefits, and do I need to provide proof of having paid these fees to the government to be eligible?
June 13th, 2024
How do I sign up for a postponed tax deadline due to a recent health issue?
August 16th, 2024
I lost my W2 forms and need to know how can I get them.
February 4th, 2023
I have a net operating loss in 2019 due to non-payment from a customer who filed bankruptcy. The customer paid part of the receivable in 2020. Can I amend my 2019 tax return to reduce my loss, as otherwise, the payment in 2020 seems like income even though it doesn't cover the full cost of goods?
August 16th, 2023