Do I need to pay taxes in the U.S and South Africa for my Florida LLC business?

The LLC will be subject to US taxes. How the LLC is structured will determine your personal tax liability. If you leave it as a disregarded entity,...

What are my options in this situation? Please help

Its just the signs of a poorly run business. As long as you filed a return and paid your taxes, you should be ok. You do want to get a W-2...

What attorney or firm in Berks County or Lehigh County PA can provide assistance with IRS back taxes owed?

Use the Find a lawyer feature on the top right of the Avvo page. Search for "tax" in "Berks County, PA" and you should find a number of local people.

I want to give in the way that avoids the most tax is stock better than cash assuming the stock appreciates in value over time?

Stock inherited on death receives a stepped-up basis to the value of the stock at time of death. Be careful doing this as you will need to set up a...

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How do I report this error to the IRS?

Write a letter to the address listed on the form. Make sure to send it Certified/Registered mail so that you have proof. You can call the IRS about...

Recently I went to tax court and the Judge has made an Order for Re-Characterization of petitioner's Stipulation of Facts

What is your question? Is it that you are wondering how your stip is being used or whether you face a summary judgment. You should be represented...

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US tax rules on international inheritance?

If they are non-US situs assets, then there is no tax in the US. This is different if the assets are in the US and a different estate tax regime...

Can I undue the joint tenancy by having my kids quit claim back their interests? Are there tax consequences?

If you created the joint tenancies this calendar year (2016), you might be able to get away with undoing it using the rescission doctrine (Rev....

Can I file taxes jointly with my wife who is holding F-2 visa? Is she considered a resident alien?

Your school is correct that, at this point, you are a resident and need to file with a 1040 or 1040EZ. In general, you wife should be able to...

Is it too late to get s corp taxation for 2016?

You should speak with a tax lawyer and provide some more details. If you filed an election (Form 2553) years ago to be classified as an S-corp, you...