Questions answered by Bruce Givner

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I telecommute to a job in a different country. How does paying taxes on this income work?

Bruce's answer | Answered on March 01, 2013

You pay taxes on this income the same as you pay taxes on income you would earn if you worked for a company in the U.S.

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Who will refund my federal tax overpayment?

Bruce's answer | Answered on March 01, 2013

I seriously doubt a portion of your state refund was intercepted to pay the IRS. However, if that occurred, then yes,, the IRS owes you a refund.

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Can you resubmit your returns when you elect to be a s - corp from a c - corp ?

Bruce's answer | Answered on March 01, 2013

There is a procedure for filing a late "S" election. The IRS issues at least a dozen approvals each week for late "S" elections. Mr. Hoffman has...

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Can you resubmit your returns when you elect to be a s - corp from a c - corp ?

Bruce's answer | Answered on March 01, 2013

Mr.Hoffman has given a superb and detailed answer. However, if your "partner" was a non-resident alien at the time the company was established, it...

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Am I entitled to tax deductions while living abroad?

Bruce's answer | Answered on March 01, 2013

Mr. Hoffman has given you a superb and detailed answer.

Archived

Can I still file income taxes if I don't provide w-9 form to my employee. I might quit this work soon

Bruce's answer | Answered on March 01, 2013

You need to file an income tax return to report your income whether or not you received a W-9 and whether or not you have a Social Security number.

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I gave someone a W-4 form and it's time to stop withholding taxes and 1099 them instead. What form do I need to use to do so?

Bruce's answer | Answered on March 01, 2013

There is no form to note that employee status has terminated and independent contractor status has begun. But as one of the other lawyers has...

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I own rental income property in different areas. I collect rent and manage the properties, income tax is paid, and tax returns

Bruce's answer | Answered on March 01, 2013

You do not have to open a bank account. However, without one, you will always have a difficult time convincing anyone else, whether that is the...

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How to convert alimony payment in Euros on my US tax return ? Use conversion rate at time of transfer OR rate on payment date ?

Bruce's answer | Answered on February 27, 2013

There is no rule directly on point for alimony. Using the analogy from Internal Revenue Code Section 989(b), it would be the exchange rate on the...

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Can I claim both my children as tax credit as head of the household? Thank you.

Bruce's answer | Answered on February 27, 2013

Yes if you meet the test. See IRS Publication 501 at http://www.irs.gov/pub/irs-pdf/p501.pdf.

Bruce Givner's Answers (3187)

I telecommute to a job in a different country. How does paying taxes on this income work?

Who will refund my federal tax overpayment?

Can you resubmit your returns when you elect to be a s - corp from a c - corp ?

Can you resubmit your returns when you elect to be a s - corp from a c - corp ?

Am I entitled to tax deductions while living abroad?

Can I still file income taxes if I don't provide w-9 form to my employee. I might quit this work soon

I gave someone a W-4 form and it's time to stop withholding taxes and 1099 them instead. What form do I need to use to do so?

I own rental income property in different areas. I collect rent and manage the properties, income tax is paid, and tax returns

How to convert alimony payment in Euros on my US tax return ? Use conversion rate at time of transfer OR rate on payment date ?

Can I claim both my children as tax credit as head of the household? Thank you.