Does each LLC for a rental property have to have its own checking account and tax return
Yes and no. First, as a matter of good corporate governance and - more importantly - as a way of helping to make sure the separate legal...
New York, NY
Tax Lawyer at New York, NY
Practice Areas: Tax, Tax Fraud & Tax Evasion ... +2 more
Yes and no. First, as a matter of good corporate governance and - more importantly - as a way of helping to make sure the separate legal...
Very short and sweet: no. The reason is because, as an individual, you are on what's called the cash basis method of accounting for tax purposes,...
You do need to speak with a manager, and the sooner the better. Have you gone to the physical office location and asked to speak to the manager of...
The general rule is that the parent with whom the child spends more nights during the year is the parent who is entitled to claim the dependent...
I am going to move your post to the Immigration law practice area from the Tax area as you are more likely to get a response there.
If by "put down" you mean whether you should report child support as taxable income, the answer is no; child support you receive is not taxable...
First, as the others have said, it's unlikely that you would be considered to be responsible for the unpaid payroll taxes because you don't appear...
Not for 2014. Reading between the lines, it sounds like you may be better off filing as married filing separately.
You should be able to just on the basis of you and your child. I believe the unemployment will count as income for dependent qualification...
I haven't gone through your entire case with you, so I cannot say that this applies to you 100%, but here's the general rule of thumb that applies...