Do we have to pay taxes in this situation ? Yes or no? And why ? Please read carefully.
From the time your green card was approved, your worldwide income becomes US taxable. In addition, you will be required to file FBAR, FTACT, etc....
Los Angeles, CA
Tax Lawyer at Los Angeles, CA
Practice Areas: Tax, Federal Regulation
From the time your green card was approved, your worldwide income becomes US taxable. In addition, you will be required to file FBAR, FTACT, etc....
You can deduct mortgage interest and property taxes in each house. You mat exclude $250K of capital gains from taxation in a house where you lived...
You pay tax on the interest earned whether in the US or in Egypt. If the balance in Egypt exceeded $10K, you may have FBAR filing requirement. The...
If the net (not sales) income is more than $400, the child may owe social security and medicare taxes. The information presented herein is for...
Use the Instructions to form W-7. The information presented herein is for general purposes only. It is not intended to, and may not be construed as...
I am a proud Okie and love Oklahoma. Sorry, to see you lose business. Because this is a local law, I suggest you call the Oklahoma Bar...
I do not know what the form is. However, if it is asking about fling or not filing tax return, you must answer it properly. Alternatively, consult...
Unless you are separating, the account owner spouse can ask for the required information for your review. The information presented herein is for...
Apparently they have field for an extension for you and the return is due October 15, 2016. Follow up with them before doing anything else. The...
The Sole Proprietorship EIN is used generally with the employment related issues. The information presented herein is for general purposes only. It...