Archived
Are there any tax implications with the proceeds of the Annuity going to my living Trust rather than to me if I outlive my Mom?
Ronald's answer
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Answered on May 13, 2016
If you have a living trust as the beneficiary, I presume that you would have it set up so that you receive all of the income while you are alive....
Archived
Can I do two jobs as W2 exempt employee with two different employers with their respective valid H1Bs?
Ronald's answer
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Answered on May 13, 2016
I do not know why you are considered a W-2 exempt employee. Frankly, you would be taxable on all of the income in the US. Even if there is a tax...
Archived
Can i get my original birth name back and change ss number if so how much
Ronald's answer
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Answered on May 13, 2016
Yes, you can get your name changed back to your original birth name. You should keep the same Social Security number just notify them of the...
Archived
Can I really be taxed by two states for the same transaction?
Ronald's answer
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Answered on May 13, 2016
Unfortunately, you are demonstrating a problem that many people have with "doing it yourself" in setting up business. First it sounds like you set...
Archived
What should I know as I go through this process? What questions should I be prepared to ask/answer when dealing with the IRS?
Ronald's answer
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Answered on May 13, 2016
It is possible to get a release of lien so that your property is released from the federal tax lien. Why is the lien against your property if you...
Can I use a Virtual business address; when applying for the Tax ID?
Ronald's answer
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Answered on May 13, 2016
Yes, you do not need an actual business to be located here rather you just need to have mail accepted. One of the services I provide for my clients...
Archived
When and how do I file my LLC's income tax to the state of Maryland?
Ronald's answer
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Answered on May 13, 2016
Hopefully you are wise enough to have your LLC set up by a good tax and business attorney. Most likely your LLC is being treated as a disregarded...
Archived
Will I have to pay income taxes?
Ronald's answer
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Answered on May 13, 2016
If the annuity is cashed in, then there would be income tax on the game. This is a very specific question that requires an analysis of your factual...
Does incorporator carry liability for client business?
Ronald's answer
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Answered on May 13, 2016
First, when you incorporated the business you have taken a lot of liability. Not simply as the incorporator, but because you are acting as a lawyer...
Archived
How should we execute this lawsuit?
Ronald's answer
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Answered on May 13, 2016
You should show the contract that you signed with the home show company to your lawyer. Your lawyer will help determine whether you are entitled to...