In my experience with the crypto exchanges they require you to provide a social security number to them which they then use to report the income,...

The IRS, the state of New York and possibly city and county the property is located in. I agree that contacting a CPA or tax attorney with...

Exactly as my colleague stated above.

If your ultimate 2022 return is a refund there would be no penalties assessed for filing late. With that being said you do need to file the return...

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It's hard to know exactly from your question but I do agree that you would at least have to be a state licensed LLC electing to be treated as an...

If you're referring to the COVID stimulus credits you can still claim them by filing a 2020 tax return and including the "Stimulus Recovery Rebate...

For mortgage interest to be deductible on schedule A as an itemized deduction the loan must have been taken out to purchase or construct or improve...

Yes, each spouse has their own account based on their specific social security number. Either spouse can access account transcript, return...

I agree with my colleague and encourage you to meet with a tax professional prior to doing anything with this property and definitely have them...

If you had no sales to report there would be no requirement to file and pay taxes unless there were other circumstances, like you ran a payroll,...