Yes, you can be residents of different states. You can even be a resident of more than one state. Each state has its own residency laws to...

Tax Question, If I no longer live in the US, but have a US company owned by a IBC will the US company be taxed in the US?

I agree with attorney Smith. You are subject to U.S. Income Tax on your world wide income as long as you are a U.S. Citizen. You can also be...

For nonqualified deferred comp plan - should plan sponsor be required to sign participant election form as well as the partic?

The plan document is an agreement between the employer and employee and should be signed by both parties.

Do I need to pay any taxes on my sales on Amazon.com?

If your business operates in the United States it will be liable for Federal Taxes on income earned in this country and State taxes in the State...

Which state to pay income taxes in.

The state with which you are a resident and possibly the state you are working in if it is different.

Tax question...foreign tax credit limitation

I agree with the other attorney that responded. You need to provide additional information to properly answer this question. If you are a U.S....

Am I able to report tax fraud to the IRS even if the business is not licensed?

This is tax fraud and it does not matter that he is not licensed. Yes, you can report this to the IRS for a reward and the more detailed the...

Buying a house paying cash, are there any legal or tax issues with placing my daughter's name on the deed with mine?

Yes, if you give an interest to your daughter this will be considered a gift. If the amount exceeds $13,000 ($26,000 if you are married) you will...

Can i have a tax lein removed once i have filed bankruptcy

Unfortunately, a tax lien is not removed by your bankruptcy. You will need to work with the IRS and plead a hardship in order to get this lien...

Bad check - what can I do?

Sorry for your situation. However, this is not technically a tax question. This is a matter for your family law attorney. You could also take...

Selected as the best answer