Best way to structure working abroad - taxes and banking

Your worldwide income is subject to U.S. income tax, regardless of where you reside. To claim the foreign earned income exclusion, the foreign...

What is the penalty for not reporting S Corporation income?

Accuracy-related penalty. An accuracy-related penalty of 20% applies to any underpayment due to: Negligence or disregard of rules or...

Tax refund - Income again?

Good question. The refund is taxable because you got a tax benefit from deducting the state income taxes on your Schedule A form 1040 which in turn...

We invested money in a startup biz & the relationship has now gone sour. What are our rights as financial investors?

There is a common law inspection right when the shareholder can show a proper purpose related to their interest. A minority shareholder filed a...

Do a motion to vacate the default judgment. Also if you are broke there is nothing to worry about since there is nothing to attach. Amex can...

I just got a tax bill from a state were I do not live, but am now in Bankruptcy, will it be discharged?

It does not mean the tax bill is correct. It depends on the circumstances. It may not be a bankruptcy question but a tax question. Please give me...

I just got a tax bill from a state were I do not live, but am now in Bankruptcy, will it be discharged?

NO - It is not dischargeable because it is within 3 years of the due date, 4-15-2008, and maybe because you did not file a tax...

Selected as the best answer

They cannot do so without interfering with your right to privacy. Keep a diary. Ask E-Bay and Pay Pal the same questions. Ask them how they...

1099 & unemplyment benefits

The EDD would not know what weeks were covered by the 1099. What your are proposing looks harmless to me unless there is some material effect that...

My landlord is selling the duplex i rent does she/new owners have to pay a relocation fee to vacate the property?

No. Generally, the new owners must give you 60 days notice. Disclaimer Although the above response is believed to be accurate, it should not be...