I purchased bitcoin in 2015 for $288.00 sold a portion for around 2.400?

You will owe tax on the difference between the portion of the purchase price of the Bitcoin you sold that applies to that portion, and the sales...

Inheritance Tax

The United States federal government does impose inheritance or estate tax on the beneficiaries of estates who receive inheritances. In some...

The concept of "marital property" to which you refer applies only in community property jurisdictions. If you and your wife are both New York...

I agree with the previous answers but I would also point out: Since you are on an F-1 visa, you are treated as a "non-resident alien" for tax...

Is an estate attorney or an accountant responsible for consequences of giving his client the wrong tax info resulting in fees?

I agree with the previous answer that Francis may wish to seek penalty abatement from the IRS and there is a some chance he may be successful. ...

Do I need to open a local business?

If you do not have an office or other fixed place of business in New York or elsewhere in the United States, and you do not hold inventory in the...

How to file a joint return with IRS when my wife is abroad waiting for Immigrant visa interview?

If your wife is neither a U.S. citizen nor permanent resident (i.e., green card holder), you are not permitted to file a joint return. Also,...

For the past three years I have not been a NYS resident for income tax purposes. I paid income tax, however. Amend? Refile?

Two determinations need to be made in order to determine if you are a New York State resident for income tax purposes, your domicile and your...

Re-entry Permit

If you have a Green Card, you must file a U.S. federal form 1040. If you are a resident of New York under applicable NYS residency rules, you must...

Selected as the best answer

Presumably you are not an employee of the company engaging you for this assignment, but rather an independent contractor. As such you must report...