Actually my cousin in Canada wants to register a business in US so that he could provide consulting services in US. He needs me to be the 1% partner so he could register a business in US since I am a resident and soon would be a citizen. I am doing MBA at Kelley School of Business and a have hefty... Read more »
It depends on the corporate structure and jurisdiction. It'll also depend on your other income. You'll most likely have additional reporting requirements personally. You're best off finding a tax expert to advise you on this.
My wife and I separated in October of 2017, neither of us had the money to file for a divorce at the time. We still lived together until May of 2018 before I was able to move out. I then moved out and lived on my own, then in late September of 2018 she because homeless and I let her move in with me... Read more »
"I was recently informed that I did not legally have to do that since we were not together."
That's not correct.
You have to be divorced or legally separated, not just living separate, to file any way other than Married Joint or Married Separate.... Read more »
We finally received our refund (after waiting since April) and it was significantly lower than we expected. When I called the Treasury to find out why, I was told we were offset. After playing tag with BFS and the Treasury, I was told that notices were sent out months ago but I never received... Read more »
Yes.
You can try to challenge it but odds are exceedingly low you'll see that money. Once they put the letter in the mail to the last known address they've fulfilled their obligation.
Move.
I have the receipt from the time I started living here. I believe they are messing with the books. My receipt says taxes was off but I'm paying the same price plus 25 dollars more. The owner raised the rent during the race. I do not know what avenues to take to get my money or how to start the... Read more »
If you have a written contract covering your extended stay both you and the hotel are bound by the terms of the written contract. And if the contract was for 30 days the hotel can raise your room rate on day 31 going forward. Why? Because under most state laws hotels can change their room rates at... Read more »
rective that sales tax may NOT be charged on shipping when USPS is used is no longer in effect. Also that US Postage for mailing is now a taxable sale. I can't find that the new application of sales tax repealed those three exemptions.
Indiana Code 6-2.5-5-47
Coins, bullion, and... Read more »
If you are having trouble finding a law in Indiana that was changed effective July 1 your difficulty may be the result of the state not having enough time to change the code section affected. Call you local legislator in Indiana (not your Congressman) and ask them for help; they will probably point... Read more »
For this I have created an app:
If user is going to send money using the app, they input their credit card, STRIPE charges the credit card and the money goes to my business bank account in the US. When this happens, the app shows a balance in the user’s APP account.
When a user... Read more »
What you have described is a financial services company that operates exactly like a bank. Translation: Before you spend your money developing your "new" banking business you need to know that you are required to obtain a bank charter or some other official authorization from the state you are... Read more »
never worked. After more thought I have decided not to pursue the venture. Wondering what to do
Nothing--unless you are worried that the IRS might follow up with questions about the DBA.
We're using TurboTax. My wife had $800 withheld on $25000 income for six months. The calculator says she should owe $780, around what she withheld, but TurboTax says she owes another $1100! Does Indiana tax her income from the other state she lived in? Thanks in advance for the help!... Read more »
Not sure what kind of "calculator" you are using to figure income taxes due, but before running around in more circles try doing the simple math: If your wife earned $25,000 in 2018 and if her employer only withheld $800, that tax rate calculates out to 3.2%--which should raise your eyebrows.... Read more »
I filed chapter 7 last month and last week filed taxes. I do expect a decent tax return due to having kids. Debt was mostly medical Bill's. I was getting grief from a lawyer for one of my non medical Bill's debt (was a gym) and do have a student loan from a school closed due to school being... Read more »
The answer depends on if same was exempted out. Some states follow the federal exemptions and some go with State Exemptions. Talk to your counsel about same and make sure it was properly exempted out.
My children and I have lived with my fiance the entire year. My children have visitation with their dad every other weekend and rotating holidays. To be a qualifying relative, the child must live with him all days of the year. Since they go to their dads for visitation, does that mean they dont... Read more »
If your fiance intends to claim them for the Earned Income Tax Credit or the Child tax Credit, he will be unable to do so because there is a relationship test. The child will fail the relationship test which requires the child to be his own child, a stepchild, or a foster child placed with you by a... Read more »
Leaning and it had to be taken down. There was no way if just taking one side down. The slum Lord of the house it was shared with fought city about it being demolished He finally lost and the city demolished it. Now the city added the charges of 2000. To my tax bill I list NY job after 32... Read more »
No one is going to be able to give you an adequate answer on here. You should consult with a local attorney in your area, specifically someone who has experience in property tax disputes and real estate matters.
I am not an Indiana Attorney, but generally anybody can prepare a financial statement for their business. Where you would need the licensing is if you were preparing financial statements for a publicly traded company or you were Auditing those financial statements.
Whether cash out, convert to IRA, Roth IRA or C-company?
It just depends on what type of work you are doing now. For instance, if you are working for another company, you might roll it into their 401k plan. If you are in retirement, the IRA might be a good option because you are just waiting on distributions. If you are running your own business, you... Read more »
Had to create an estate due to no will being on record for mother. EIN was obtained to create the estate. The assets of the estate were valued at $6483 piece of property. There was nothing that produced income.
IRS Form 1041, U.S. Income Tax Return for Estates and Trusts, is required if the estate generates more than $600 in annual gross income. The decedent and their estate are separate taxable entities. Before filing Form 1041, you will need to obtain a tax ID number for the estate.
we filed 2 times,and we havent filed taxes since i think 2002,we thought we would start trying to file for a year at a time,i believe in 2011,and we were suppose to get a check back H&R block told us,for i believe $2000,and quickly we got a letter in mail we owed them like $2400, now about 3 weeks... Read more »
The automated phone call you received is likely a scam call. The IRS does not call you and leave a message saying they will take you to court. If you owe money to the IRS they will contact you by mail first. Prior to any levy action the IRS will send you via certified mail a final notice of... Read more »
The state periodically levies my current accounts and all I want to know is the reason behind this. As far as I'm concerned I paid all taxes due in a timely fashion. How do I find out why and the exact amount.
You posted this question in Indiana although Justia has tagged your location as Minnesota. If this is about Indiana levying your accounts, you may want to try setting up an Online Services account to see what liabilities the state is showing that you owe. http://www.in.gov/dor/4331.htm
It... Read more »
I'm the custodial parent. He was ordered to pay child support but doesn't and the court doesn't enforce it. He also doesn't get child on weekends or holidays even though there is joint custody. Do I have to allow him to file? Will the IRS enforce?
I'm not entirely sure what you are asking. Allow him to file his taxes? The most common issue that divorced parents encounter with children and taxes is which parent gets to claim the child and earn the credit on their tax return. I believe that is what you are asking. Take a look at your custody... Read more »
The most important question is whether you qualify for an offer in the first place. This will depend on the equity you have in your assets combined with your expected future income.
That said, offers can run between $3000 and $6000 depending on the complexity of the offer and whether... Read more »
Unless you have a suspect, calling the police may be futile. Ask your college security or police department to investigate, and contact one of the three major credit agencies to put out a fraud alert.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
