A 1041 small estate received a 1099-R in 2022 but one beneficiary does not what to reflect the income until 2023.
Kaye's answer
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Answered on July 05, 2023
What is the fiscal year for the estate? How much money was distributed? Is the estate now closed? There are a host of questions that need to...
Can a Board amend a budget for any reason or are they restricted for what a budget can be amended?
Kaye's answer
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Answered on July 05, 2023
What kind of board? What do the governing documents say? You need to consult an actual attorney for advice and recommendations. Expect to pay...
Can I get a list of everything that was paid for my mother by the executor and what the total amount of money she had to begin ?
Kaye's answer
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Answered on July 05, 2023
If there is a proceeding in Probate Court, the Executor will be required to file an account with the Court saying exactly what was paid and to whom...
In Ohio do all wills have to go through probate?
Kaye's answer
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Answered on July 05, 2023
Many people arrange their affairs so as to avoid probate. It is very likely that your mother did this, in which case her will would not be probated.
If Virginia Department of Tax refuses to send me tax refund from amend, can I take to small claims or bank reverse ACH withdraw?
Kaye's answer
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Answered on July 05, 2023
It is always best to file amended returns using US certified mail, with a return receipt. That way you have proof of when you sent it.
Taxes on a home co owned by deed.
Kaye's answer
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Answered on July 04, 2023
YES --- you will be responsible for 50% of the capital gains tax when you sell the house. Best to hire a CPA so that your income tax return is...
Is this side business legal and how much of my earnings is taxable?
Kaye's answer
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Answered on July 04, 2023
You need to consult ---- face-to-face ---- with an attorney well-versed in the do's and dont's of the adult industry. Don't rely on comments...
How do I file taxes if my sales are all under a pseudonym?
Kaye's answer
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Answered on July 04, 2023
You can get an EIN for a DBA, and I suggest you do, if you are selling things online. That way, you will not have to give out your SS# to strangers.
As a 501c3, do I file a 1099 for a person who is a guest speaker at our events?
Kaye's answer
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Answered on July 04, 2023
Any 501(c)(3) needs to have both an attorney AND a CPA on their board of trustees. That way you will have someone you can go to for these kinds...
How can I cash out any of my $50,000 state pension fund, when i owe in excess of $100,000 in back state and federal taxes?
Kaye's answer
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Answered on July 04, 2023
You need to take care of your state and federal tax debt before you enter into any transaction like that. You should hire a professional --- work...
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