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Results (7147)
Kimberly Jones Lease Purchase and the $8k tax credit
25 September 2010 | 12 replies

Anyone out here thought about doing a lease purchase? It has recently come to my attention that the 8k tax credit works on lease purchase deals as well as straight up purchases.
We were quite surprised so I thought I ...

Mark Yuschak For those of you who use Independent Contractors
8 January 2009 | 4 replies

I also own a small plumbing and heating company. It's formally owned by me, but my brother does 100% of the work as an independent contractor. Since 2008 was our first year, I've never had to 1099 him up until now. ...

Bryan Hancock Salary/Dividend Split - How Does It Impact Social Security Eligibility?
28 March 2018 | 32 replies

If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...

J M. Receiveing money, Logistics and tax question
3 March 2011 | 24 replies

I need to know how would you approach the following scenario.

You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.

Logistics wise, would it be bet...

Ben Ravenscroft tax implications for resident becoming non resident
25 March 2012 | 6 replies

I'm in somewhat of a unique situation - I'm currently looking to make an investment in a residential property as a permanent resident / green card holder. However there is a small chance that at some point I may lose ...

Marc Augustine Get Business Credit - part 1
1 June 2009 | 13 replies

I plant to post some helpful instructions and guide lines that should help you guys who want to establish business credit to do so..this is the first..please forgive me if i leave out anything and feel free to ask que...

N/A N/A Question about paying taxes on the sale of a home!
18 November 2006 | 3 replies

Hi,

I'm pretty new to this. I'm just starting the process of selling my first home (which my husband already owned when we met so I had no part in buying it either). So I have to admit that I don't know much at all. ...

Marcus ONG Income tax for non resident alien
21 October 2018 | 4 replies

Hi

Hope someone can enlighten me on the following:
1) tax rate on individual vs LLC
2) is there a state and federal tax component?
3) estate tax planning for non resident.
4) Depreciation for old house. What's the t...

Steve Wilcox Registering a Biz- NAICS
6 March 2020 | 7 replies

I am in the process of setting up an LLC for my flip bushiness. I am incorporating for liability protection among other reasons which have already been discussed at length in other threads. I am using a licensed contr...