Money Snatchers

Bob asked: Also, is the tax return contain the stimulus money or will that come as a separate check?

Bright asked: I have a friend who sold a house and lost money. She does not live in US. When the house was sold at a loss, she still has Federal Income Tax withheld. How can she claim the tax return from the Federal government?
She has a federal identification number. Can that be her ITIN?
It [...]

IBM Corp. on Friday made an offer to certain debt holders to swap their long-term debt with bonds carrying a lower interest rate plus cash in a move to save money and bolster its balance sheet.

Barkley Hound asked: This question is just theoretical since you would be throwing money away. If the amount withheld from your pay is greater than or equal to your tax liability are there any criminal repercussions for not filing a tax return? All penalties are based on percentages of the amount owed. Please don’t just [...]

Busy Chris asked: I incorporated my business in Canada earlier this year, but never had the time to do anything with it. I haven’t made any money for it or started advertising or anything. A friend of mine said that I don’t have to file a return for my corporation until I make my first [...]

psu176 asked: We received our articles of incorporation approval in mid-nov. We received our FEIN under the assumption of starting by mid Dec. Unfortunately, we had to push back that date to March 1st. Now we had already received the paper stating that we had to file our corporation tax by March.Do we still [...]

vitor.fereira asked: I live and work in the U.K and i have an LLC in Delaware
The reason for creating the LLC in the U.K is to avoid paying corporation tax,
Delaware has no sale tax and because online business services are tax free (we have an online business).
Now that doesnt mean that i avoid income [...]

vitor.fereira asked: I live and work in the U.K and i have an LLC in Delaware
The reason for creating the LLC in the U.K is to avoid paying corporation tax,
Delaware has no sale tax and because online business services are tax free (we have an online business).
Now that doesnt mean that i avoid income [...]