2
votes
3answers
37 views
Can a business charge another business a tax on SERVICE?
Can a business charge another business a tax on a SERVICE?
For example, when purchasing technology e.g. hardware and software, is a vendor required to list and itemize separately …
1
vote
4answers
33 views
Should independent contractor say business uses cash or accrual method, if he does not remember and last return was so long ago that it cannot easily be checked?
Person worked as a self-employed independent contractor (receiving Form 1099-MISC non-employee compensation) in 2001, 2003, 2004, and 2009, but not in 2005-2008. Person no longer …
1
vote
2answers
21 views
Setting up a branch office for an Indian Co
An Indian company plans to set up its branch office in USA.
I need to know the regulations for the same.
Can anyone guide me in this please.
3
votes
2answers
22 views
C-Corp in Delaware will operate in California. Where to pay taxes to pay for the first year?
We incorporated C corporation in Delaware last December but it will operate in California. I know what taxes to pay in California but what should we do with for Delaware before Mar …
1
vote
6answers
47 views
What are the limits or regulations for donations to direct line relatives?
If the recepient is a California resident; or is there any difference if he is a U.S Citizen living outside the U.S.
The recepient is not a registered charity, and just wants to k …
3
votes
6answers
78 views
How should I respond to morons and smart alecks who want to claim non-human dependents, such as the government?
This started with someone who wanted to take the position that "Uncle Sam" (the U.S. government) received more support from a taxpayer than the taxpayer's child did, and therefore …
1
vote
3answers
268 views
How should qualified dividends be reported if there is no 1099-DIV?
The IRS says that all dividends are supposed to be reported on line 9a and on Schedule B, even if no 1099-DIV was received.
It also says to report them on line 9b only if a 1099-D …
1
vote
0answers
7 views
Section 501-c-6 non profit trade association
Are there any tax implications of a 501-c-6 association starting a chapter in Austalia if that chapter then pays to use the logo, etc.?
1
vote
1answer
33 views
Tax treatment of LLC incentive units
We are forming an LLC and giving certain key employees incentive units which vest over time.
How are these treated for tax purposes to the employee receiving the units?
When we …
2
votes
5answers
85 views
Uncle Sam wants me to pay $46.
Why does a single claiming 01 witheld, full time college student, being claimed as a dependent have to pay money to the IRS?
2
votes
6answers
125 views
How to start a home base tax practice
Hi Everyone!
I'm currently starting a home base tax practice in NY. I'm wondering what is the best way I can start building my cliental? When is the best time to take the home b …
4
votes
3answers
196 views
S-Corp New York State Tax Liability
I had an S-Corp in NYS.
My last filing was in 1994.
I did not file the paperwork in NYS to discontinue my S-Corp. I did not realize this had to be done - I thought you just stopp …
2
votes
4answers
51 views
US contractor working in Canada
My husband is offered a full time consulting position with Canadian company. He will be working 50% of the time in Canada (he will rent an apartment to stay while in Canada) , and …
3
votes
2answers
61 views
Should a U.S. mutual fund that pays foreign taxes issue a 1099, even if less than $10 was distributed?
Taxpayer received distribution from mutual fund that invests in foreign stock. By comparing 1099 from 2008 and earlier to statements from 2008 and earlier, I determined that the d …
2
votes
3answers
63 views
How anal do I need to be about having insignificant errors in 1099-B forms corrected?
Form 1099-B, box 7, says the transaction was a "phone" exchange. The transaction was made online, not on the phone. However, everything else seems to be correct. Do I need to ha …
