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I am 28 years old and took out full distribution 14 days ago
I am 28 years old and took out full distribution 14 days ago from Vanguard IRA in form of check that was addressed to me (no taxes, fees, or penalties were withheld I deposit this into checking accoun… read more
Lane
Lane
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I am a w-2 tax payer in New York. However, I have a couple
I am a w-2 tax payer in New York. However, I have a couple rental properties in Arizona. If I set up an LLC in Arizona for those rental properties, do I have to pay any additional annual franchise fee… read more
Carter McBride
Carter McBride
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I know you have your LLM so you probably can lend some
Hi carter I know you have your LLM so you probably can lend some insight in terms of how to best address this deliberation. One thing we will do is have the 1099 income be paid out through a different… read more
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I'm planning on wholesaling properties in the US and would
i'm planning on wholesaling properties in the US and would like know if it's nessessary to set up an entity (LLC, C-Corp) as I won't physically own any property? … read more
Lane
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I am trying to open a brokerage account for an IRA LLC, but
Hi - I am trying to open a brokerage account for an IRA LLC, but it seems most of the systems at most brokerage houses are not set up to handle this situation (brokerage account for IRA LLC with IRA a… read more
Lane
Lane
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My husband and I have always filed married filing jointly,
My husband and I have always filed married filing jointly, but this year I want to file married filing separately. His return is all about his business. He has no personal income to claim. When I file… read more
Robin D.
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I work as an admin for CIO of a major financial services
Hi Mark, I work as an admin for CIO of a major financial services company in New York. He is retiring -- last day will be April 1, 2017. This means I may be out of a job, which I don't really mind. I'… read more
Rick Martin
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I traded a lot for example one security and all gains are
I traded a lot for example one security and all gains are taxable but losses are treated as "wash out" sales. What is the best way or maybe software which can take in account all that. I spent 4 days … read more
Mark Taylor
Mark Taylor
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I own an accounting business which is set up as an S corp,
I own an accounting business which is set up as an S corp, and pay myself W-2 wages from the business. My husband Josh is an ER PA and started a new job last year at a hospital where they pay provider… read more
Lane
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Hi Robin. I have a new question on the lump sum pension disbursement
Hi Robin. I have a new question on the lump sum pension disbursement front. The IRS declares that you have 60 days from the time you "receive" the pension payment to perform the "rollover". What does … read more
Lane
Lane
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hi....my brother and I own a rental house together for past
hi....my brother and I own a rental house together for past 10 years....we have a mutual rental checking account that we put rental deposits in and pay expenses on property...we take in $680 a month o… read more
R. Klein, EA
R. Klein, EA
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I am putting on a music competition for the first time and
I am putting on a music competition for the first time and need to have the applicants pay the application fee. I will be doing this under a business and will set up a business to do this. I have not … read more
Richard
Richard
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Im a Danish (European) Citizen. I lived in the US from 2009
I'm a Danish (European) Citizen. I lived in the US from 2009 to 2010 after which I moved to China. I kept a bank account (Bank of America) and stock trading account (TD Ameritrade) in the US after hav… read more
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Greetings, I received a 1099-R in 2008 for an early IRA
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BK-CPA
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I am completing an IRA distribution request form to prematur
I am completing an IRA distribution request form to prematurely withdraw from my Roth IRA (under the gae of 59.5). The amount is less than my principal and my account has been open for more than 5 yea… read more
Lev
Lev
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I inherited some money from 1) a Roth IRA 2) a traditional
I inherited some money from 1) a Roth IRA 2) a traditional IRA 3) a CD 4) an annuity. All of the above accounts were in my mother's name as the accountholder. I am listed in her will as being one of 2… read more
Merlo
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I cashed out approx. $10,000.00 from my TD Ameritrade account
I cashed out approx. $10,000.00 from my TD Ameritrade account 3 months ago; and am just now placing that amount into an ING Direct savings account/cd. What will my tax repercussions be on my action? T… read more
Lev
Lev
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what if someone wants to work as a W2 employee and
what if someone wants to work as a W2 employee and then change status to a 1099 in the same year though an LLC, is that forbidden by the IRS?… read more
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