"Hi i am a Canadian citizen. Wanted to open a US corporation for mail order biz? Is this ok? Do i pay taxes to US and Canada?

If the Burger King inversion of Tim Horton's teaches us anything, It's probably a good idea to consider evaluating how to structure this...

As Mr. Lively indicates, for something this important having things done in a manner that shows complete independence is of the highest priority. ...

How to get a different social security number

Speak to a criminal attorney first. Speak to an employment lawyer second. Or in opposite order! You can ask about sealing, expunging, and...

I'd like to incorporate a business in the US and am curious about shareholder protection and taxation for income from outside US

In addition to Mr Cappuccio's response, I'd add that a consultation looking at the global picture is wise as any apparent barriers could become...

I took money from a retirement account I won in a divorce.. called it a quadro...taxes already taken out why claim on my tax rtn

If I understand correctly, you made an early withdrawal from a retirement plan. In such a case you must pay all taxes due plus additional tax of...

Is one of these income tax disclosure programs required if you are filing some recent income tax returns late?

It warrants consideration whether you are required to file presumably a form 5471 or other related forms at all. This should be considered and it...

How does a foreign corporation with effectively connected US income report depreciation on US income tax return and 5471?

You have to follow the rules of subpart f and instructions on the form see my comment to Dana's answer. You need an additional set of books for a...

Is there a possibility of incurring estate tax, gift tax, or international tax from an inheritance?

I agree with Dana but it would make sense to see a professional to determine if there are other issues not raised in your question.

We are a married couple, age 77 and 71. If we sell our home, will that money be considered as income on our tax return?

In addition to the gift tax and estate tax issue if your home was your principal residence where you lived for two of the last five years the gain...

Got some tax forms from my bank

It would be worth an investment in tax planning. If you live in the US for a certain time period you are a resident for tax purposes unless you...