Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
I have an US/International expat tax question. living in the
I am German living in the US on a non-immigrant status. I own a offshore company which does not have a CFC status in the US. If I do pay myself a salary from the offshore corporation to my German bank account. Do I have to pay taxes in the US or in Germany? … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
2,219 satisfied customers
A question regarding tax for a Cayman-registered entity: If
A question regarding tax for a Cayman-registered entity:If this entity is solely owned by a US tax payer and invests in US companies, would this entity pay US tax on the investment return? Or, the ent… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
407 satisfied customers
Good Am! new Question? our single-member LLC is owned by our
Good Am ! new Question? our single-member LLC is owned by our Cayman corporation whom filled Form 8832 for IRS tax purposes as a partnership, the LLC is a Wyoming single-member LLC and should be refle… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,652 satisfied customers
I am helping my employer reports the issuance of the sock
Hi,I am helping my employer reports the issuance of the sock options. My questions are about the ISO: Assuming the employees satisfy the holding period requirements.1. Do we (the employer/the company)… read more
taxmanrog
taxmanrog
Certified Public Accountant (CPA)
Master's Degree
1,641 satisfied customers
Company 'A') As per our conversations in the past where we
Good day Barbara, Company 'A') As per our conversations in the past where we stated that our company is a Cayman Island 'Company'. We have applied for our EIN # and received it. We filed Form 8832 to … read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,652 satisfied customers
We have changed our business Plan: As stated before: 1) Our
Barbara, We have changed our business Plan: As stated before: 1) Our foreign corporation (Cayman) has elected to be treated as a partner ship on (USA) IRS Form 8832, Part 1 Election information, #6 Ty… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,652 satisfied customers
Our foreign corporation (Cayman) has elected to be treated
Our foreign corporation (Cayman) has elected to be treated as a partner ship on (USA) IRS Form 8832, Part 1 Election information, #6 Type of entity, Checking box e, 'a foreign eligible entity electing… read more
Barbara
Barbara
Enrolled Agent, Paralegal
6,652 satisfied customers
I am about to move to Grand Cayman to work. I am a green card
I am about to move to Grand Cayman to work. I am a green card holder and will be in Cayman for 2 years+. I have the option of either being paid by the Grand Cayman subsidiary of the company in Grand C… read more
Anne
Anne
Master Tax Preparer
2,373 satisfied customers
I have a Cayman Corporation with a Cayman PayPal account. At
I have a Cayman Corporation with a Cayman PayPal account. At this time, due to my understanding that the Cayman banking industry does not want competition with PayPal, we cannot have the funds in our … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,930 satisfied customers
I established an llc, subsidiary format bylaws adopted (single
I established an llc, subsidiary format bylaws adopted (single member elected as disregarded entity option with irs) in wyoming last year with the Parent being a partnership firm in India. The llc bei… read more
taxmanrog
taxmanrog
Certified Public Accountant (CPA)
Master's Degree
1,641 satisfied customers
I found the following IRS publication, which appears to show
I found the following IRS publication, which appears to show the Cayman formed corporation which I own, would not be considered an “American Employer”, and I would not have to pay FICA on my wages ear… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,930 satisfied customers
May a Private Limited Company formed in India (and doing business
May a Private Limited Company formed in India (and doing business in India) with 2 owners, the 99% owner a US company, elect to be treated as a partnership for US tax purposes?… read more
Tax.appeal.168
Tax.appeal.168
Principal
5,024 satisfied customers
I am currently shareholder and chairman in a Nasdaq listed
I am currently shareholder and chairman in a Nasdaq listed company. This Company has a subsidiary in a foreign country. The subsidiary paid out a dividend distribution to Shareholder of the parent com… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,930 satisfied customers
Does an Australian owned US company file 1120 or 1120f
If you are a Texas LLC owned 100% by an Australian parent what annual tax form does the Texas LLC file with the IRS? It is a calendar year end but nothing has been filed as of today. the form 8832 wil… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
3,104 satisfied customers
I am thinking about starting a new business venture and I am
I am thinking about starting a new business venture and I am trying to decide whether to operate as a sole proprietorship or incorporate. I anticipate the business will generate approximately both ann… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
We file form 1065 (with 2 K-1s) for our small business; neither
We file form 1065 (with 2 K-1s) for our small business; neither of us takes a salary. In the past we have contributed to IRAs and deducted those contributions on the face of the 1040 just before the a… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
Special request for John Gordos (but any other US tax expert
Special request for John Gordos (but any other US tax expert will be fine). Assume I am a US taxpayer (at present I am not). Assume I own 100% of the share capital of an offshore company based in say,… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
What type of tax treat US has with Cayman Island for US Citizens
A US Citizen is a shareholder in a Cayman Island incorporated Co. What is the tax position for the dividend or interest received from the Cayman Island Co. by US Citizen?… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x