Your daughter needs to file a 1040. Since she received gross wages or subcontractor income, she will need a Schedule C. Please see a professional...

Ok so I worked in 4 different states last year and do not reside in any of those states, do I have to file state taxes in those?

Yes, you need to fie in NJ as your resident State and each of the States you worked. Even though the tax is small, you need to have the Statute of...

If I marry a man who hasn’t filed taxes, can the IRS take a home I bought before we got married?

As long as you file taxes as married filing separately and also do not transfer the house into his name jointly on the house, you should be okay....

First, as a sole proprietor, it is possible to have a business EIN. Nevertheless, having your attorney establish a LLC is probably the best choice....

Why is the percentage of our payment for municipal taxes so high?

Actually, this is totally normal in the net lease. With the landlord is doing is dividing the amount of increased tax between you and the apartment...

I need to find out if our passports have been revoked. How do i do that?

The IRS is making an all-out assault against people who owe taxes due to former President Obama's law passed in 2015. This can be a disaster for...

Do I have to pay taxes on money that a person gives me off of a lawsuit? It’s over 100,000

No you do not have to pay taxes on this if it is a gift. However your friend will not have to file a federal gift tax return, form 709, claiming...

Yes, a single member LLC can hire employees. You will have to pay the normal federal and state taxes. The best way to do it is to engage a payroll...

There is no limit on how much a Limited Liability Company can earn. If it is a single member disregarded entity, it is a schedule C on your...

I am a US Citizen living outside the us and want to sell my web development services to the US, what are the steps to do that?

You can get a separate business tax identification number even as a sole proprietor. You might want to consider establishing a limited liability...