How do you file taxes for a S Corp without any revenue?

An S Corporation files Form 1120-S. From Page 4 of the instructions for Form 1120S, a Wyoming S corporation will file Form 1120S at the Ogden IRS...

Is there a loophole/law that someone can provide me or is there any way to avoid this unfair tax?

Transfers as part of a divorce are generally not subject to income tax, so you'll need to have either a CPA or an attorney help you resolve this...

F-1 Visa holders are generally exempt from tax while studying in the US, and the terms of the visa may prohibit you from working. Because F-1 Visa...

Taxes on selling house

Generally, it won't matter if the house is only in one spouse's name. Only one spouse needs to meet the ownership requirement to be eligible for...

If I've paid past ten years taxes on inherited Fla. home, will I be able to sell house if still in deceased mothers estate?

Paying tax on the property won't really matter for this. Ultimately, it depends on what the buyer and the title company are willing to accept....

If we are on the deed will our daughter have to go through probate of the property and will they have to pay capital gains tax?

Generally, yes your interest in the property will have to go through probate (which is not as onerous a process in Texas as it is in California or...

What is the process for setting up either an irrevocable/revocable life insurance trust?

There are many steps involved that, depending on those steps are completed, may change the outcome of the trust, both in terms of who receives the...

Generally, trusts do not need to be notarized or witnessed to be valid. But it is possible that the terms of your friend's Trust have specific...

Will we have issues setting up a "Living Trust" using this Durable Power of Attorney?

Generally, an agent under a power of attorney cannot create a trust on behalf of the person signing the power of attorney (also known as the...

Would my deceased cousin 401k go to my aunts estate?

Unfortunately, it's not possible to give you an answer because 401(k) accounts are distributed according to the beneficiary designations for the...