I am helping my partner migrate to the U.S. after our marriage. We're nearing the point where we do an Affidavit of Support during our embassy interview abroad, which says I need to bring tax returns. I have not filed income taxes for the last three years, because I have been a full-time student in this country. What should I do? [more inside]
posted by anonymous on May 13, 2009 - 9 answers

I'm thinking of returning to school for an LLM in taxation, and am looking for advice, experience, pros, cons, etc. [more inside]
posted by bunnycup on May 6, 2009 - 6 answers

Can my great aunt make a $12,000 gift to me, my wife, and each of our two kids (for $48,000 total) without incurring the gift tax? [more inside]
posted by Duluth?! I Hardly Know Her! on May 4, 2008 - 12 answers

I have been freelancing as TV producer for one company for over 6 months now working on various projects. The boss thinks he needs me to stand down for a few weeks to keep my independent contractor status. All of the IRS info I have found is vague on the point of continuous employment. How long will I have to stand down (aka take the vacation I want to take) before I can return to this company? And legally how long is too long to be a contactor for one company (when does the IRS question contractor vs. employee)?
posted by mcbietila on Mar 13, 2007 - 12 answers

Is there a law requiring you to pay Income Tax? I saw this video over at youtube, from The FreedomtoFacisim.com website. They say that Income tax is illegal and there are no laws. They even mention that the 16th admendment isn't valid via the supreme court. Ok, are these guys wackos? IRS has guns, so they make the rules, thats all I know.
posted by IronWolve on Nov 5, 2006 - 30 answers

TaxGeek filter: Where can we find the SUV subsidy provision? [more inside]
posted by yclipse on Aug 24, 2005 - 6 answers

Taxfilter: telecommuting across state lines. [mi] [more inside]
posted by 445supermag on Jan 16, 2005 - 2 answers

I have exercised stock options and taken possession of a small number of shares. I have not sold anything, but am wondering how screwed I am, tax-wise. First, do I have to declare the value of the stock as "income" for the year that I acquired it? Second, if I should sell it, do I add the money I receive from that sale to my regular taxable income? Do I deduct the amount I paid in? Is the net difference subject to other taxes? Is this handle-able by an average person or do I need an accountant?
posted by scarabic on Jan 13, 2005 - 6 answers

If one has a business that is registered as an LLC (with no partners-- just the one person) and if: the business location (office) is in one state, the owner lives in another state and most of the business (or clients) are in a third state in which state is state income tax due-- where the office is, the owner's residence or where the clients are?
posted by limitedpie on Aug 24, 2004 - 3 answers

Ecommerce filter: Here at work we are attempting to understand/define the default business rules for taxation calculations within an ecommerce app. Specifically we are all tied up in knots over the application of rates, reporting issues, etc. Is there an industry standard for handling this aspect of a transaction? Who defines the standards, and how can I find out more about it?
posted by lilboo on Aug 12, 2004 - 2 answers

I am thinking of starting a very small business, but I have a few questions for those of you who have done so before I really make up my mind wheter to go forward or not. [More Inside] [more inside]
posted by shotsy on Jul 29, 2004 - 10 answers

I've recently started a company, structured as a 'C' Corp, to sell my consulting/contracting services. One of the reasons I'm working as a 'C' corporation is so I can have the company pay all medical expenses. I've read from the web and various IRS publications that as long as the Medical Reimbursement Plan is offered to all employees equally (no problem there) then it can be paid for by the company and written off on the corp taxes. But in order to make the MRP legit what, other then limiting medical expenses to those listed as acceptable by the IRS, do I need to do? Special records? Outside plan administrator?
posted by dirtylittlemonkey on Apr 6, 2004 - 3 answers