Is it ok that mexican corporations withold 25% of the income due to tax in their country?
As a US Citizen, you get a credit in the US for taxes paid in MEXICO, and not the other way around. The treaty works one way and generally protects...
Seattle, WA
Tax Lawyer at Seattle, WA
Practice Areas: Tax
As a US Citizen, you get a credit in the US for taxes paid in MEXICO, and not the other way around. The treaty works one way and generally protects...
The trustee should absolutely have that information. I cannot tell if you are misusing terms, or you are a trustee of a trust that is trying to...
The workman's comp belongs to the business. But the payroll taxes depend a lot on the entity type, and no matter the entity type, he can be liable....
It won't even be separate for many tax purposes if it a revocable trust. The fact that you can revoke it at any time in the future means it is not...
No matter what, it will not go to the first person that claims it. There is a thing called the intestacy statutes which determine who will get what...
This sounds like a tax protest. I can tell by the quoting of constitutional arguments which, as far as the Supreme Court is concerned, don't have...
On the surface, the answer is no. As a single member LLC, you must file a Schedule C. If you are married, you can both be owners and file a 1065...
Yes there would be. The custodial parent, defined as the parent that has the child a greater number of days during the year gets to claim the child...
I will answer the federal tax portion. If gifted, the son will take her basis in the home and have a gain at sale. However, large gains can be...
You are bypassing a few different taxes when doing this. First, the federal tax on each pack, which is so small that they generally don't even...