Since W-4 forms generally do not have to be filed with the IRS, but only need be kept on file by the employer, getting a copy from the IRS would...

Estimated taxes on disbursements as a single member LLC elected to be taxed as a corporation

I agree with others that a corporation may not be the right choice here, but assuming that it is, you need to understand that you and your entity...

Does a U.S. citizen have to pay taxes on being gifted money by alien spouse?

A recipient of a gift is subject neither to the U.S. gift tax or U.S. income tax on the gift. However recipients of distributions from foreign...

As a self-employed person, am I required to pay self-employment taxes quarterly to the IRS or is this my choice?

Yes, quarterly taxes must be paid by all self-employed individuals. There are usually two elements to these quarterly taxes which are known as...

Is a controlled foreign company eligible for tax deferrment?

You are correct that a Seychelles company would not generate qualified dividends. Other commentators are correct that such a company, owned by one...

Am I a resident or nonresident alien for taxes?

Most likely you are considered a resident alien. This is because you can not be treated as a non-resident alien under the F1 visa exception if you...

My IRS audit ended with notice of deficiency which my CPA and I did not respond in time. Can we still file a petition it? how?

It still may be possible to file a petition with the Tax Court if the 150-day period is applicable. Since the notice of deficiency was apparently...

Moving to Puerto Rico for Tax benefits

If you move to Puerto Rico and meet the residency test (183 days per year of physical presence, plus have your "tax home" there, plus have a...

Extra tax fee for selling inherited property?

The rate of tax for transfers of real property in New York State is generally 0.4% of the sales price, payable by the seller. The rate is not 4%. ...

Will I be taxed by the US government? Overseas tax questions.

Most likely, you will not be subject to tax. However: 1. This assumes that the ownership of the HK company by your father, and the ownership of...